Oregon Real Estate License | Oregon Real Estate Licensing

The State of Oregon no longer issues a real estate salesperson license as most other states do. July 1st of 2002, Oregon converted all of their real estate salesperson licenses over to temporary associate broker licenses. The temporary associate brokers were required to complete an Associate Broker Transition Course or ABTC before June 30th of 2005. New licensees will be receiving a an associate brokers license and not a salesperson license.

Anyone interested in working as a real estate agent in Oregon, must obtain a real estate license from the Oregon Real Estate Commission. The real estate commission is responsible for the licensing and regulation of all real estate agents in the State of Oregon. You should also note that any person caught performing real estate activities without a license in Oregon can be charged with criminal penalties.

The information below has been designed to be a complete resource for those of you interested obtaining your real estate license in Oregon. If you feel as though we have missed something, or have more questions, please feel free to send us an email.

Oregon Real Estate Pre-License Requirements

Oregon State Seal

Before qualifying to receive your real estate license in Oregon, you will need to meet all of the below listed requirements as well as successfully complete your real estate exam(more information in following section). The current requirements for an Oregon real estate license are as follows:

All license applicants are required to complete a 150 clock hour course of study that will consist of the following modules:

Oregon Real Estate Practice (30 hours)
Real Estate Law (30 hours)
Real Estate Finance (30 hours)
Contracts (15 hours)
Agency (15 hours)
Property Management (10 hours)
Real Estate Brokerage (20 hours)

The above courses may be completed in an accredited real estate school, Community College, College or University.

Oregon Real Estate Exam Information

Before becoming eligible for your Oregon real estate license, you must pass a real estate license exam. The State of Oregon has contracted with PSI Examination Services, a third party exam and testing services provider. PSI will be conducting the computer-based real estate exam through their testing facilities.

All applicants will be required to register for their real estate exam through the Real Estate Agency and then schedule and take the exam through PSI. You will need to complete and return the license exam application before scheduling your exam.

The Oregon real estate license exam is divided into two sections, a National portion which is comprised of 150 multiple choice questions, and a State portion which is comprised of 50 multiple choice questions. Here are some tips for passing multiple choice tests.

In order to successfully complete your exam and be issued a license, you must pass both portions of the exam with a score of seventy-five percent or better. Any applicant that fails either portion of the state license exam will be required to retake the portion that they failed if you retake it within 12 months of your original testing date. Should you wait longer than twelve months to take any portion of the state exam, you will be required to retake both portions of the exam.

Oregon Real Estate Post-License and Continuing Education Requirements

Any agent receiving their first Oregon real estate license after July 1, 2002, will be required to complete a thirty clock hour, state approved course in Advanced Real Estate Practices before their first license renewal date.

In addition to the above, all licensed agents will be required to complete a minimum of thirty clock hours in continuing education courses during the preceding two years. A minimum of fifteen of those thirty hours should be in one or more of the following topics:

Trust Accounts
Misrepresentation
Anti-Trust
Rule and Law Update
Property Management
Commercial Brokerage and Leasing
Real Estate Taxation
Agency
Fair Housing
Contracts
Evaluation of Property
Brokerage Management
Land
Business Ethics

Here is your continuing education certification form that will need to be filled out and submitted to the state.

Oregon Real Estate Education Books

We have prepared a nice collection of books that you may find helpful while working towards becoming a real estate agent in Oregon. You may view those books at the following links: