Oregon Real Estate License Course

Step 1: Register for an eLicense account

All new licensees begin the process by registering for an account in the Oregon Real Estate Agency's eLicense management system.

Step 2: Apply for Your License

Next, apply for your broker license in the eLicense system. The nonrefundable application fee is $300. You'll receive an applicant ID number by email. This number is essential for completing the remaining steps.

Step 3: Complete Your Pre-license Education

Oregon requires brokers to complete 150 hours of instruction from an approved pre-license Real Estate school. Online courses are the most convenient way to complete your 150 hours. You must provide your chosen school with your Applicant ID number and full name.

Step 4: Applying for the State Exam

Once you finish the 150 hours, your course provider will send your exam eligibility to PSI, the company that administers Oregon's Real Estate Broker Licensure Exam. Schedule your exam directly by visiting https://www.psiexams.com or calling (833) 892-5441. The exam costs $75. See the Oregon Candidate Bulletin for a list of test centers.

Step 5: Take and Pass the State Exam

The Oregon state pre-license broker exam is divided into two sections: general and state law. The exam is made up of multiple-choice questions. The national section can take up to 150 minutes for 80 questions. The state section allows for up to 90 minutes for 50 questions. You must pass both sections with a score of 75% to qualify for a broker license.

You will receive a score report on-screen and emailed to you immediately upon completion of the exam. A passing score is valid for 12 months; you must complete your license requirements within a year.

Step 6: Get Your Fingerprints Taken

All new license candidates are required to be fingerprinted for a national and state criminal history search. PSI will conduct the fingerprints at the exam center. The fee is $56.25 and the processing could take up to 4 weeks.

Step 7: Get Hired by a Principal Broker

You have one year after successfully passing both portions of the state license exam to be hired by an Oregon Principal Broker. Your broker must add your pending license into their registered business. The eLicense system will flag your application for final review, which usually takes 1-2 days.

Once you receive final notification from the Oregon Real Estate Agency and are viewable in the public licensee search, you are an official Oregon real estate broker. Congratulations!

What’s Included in Your Course​

Course Structure

The RealEstateU 150-Hour Oregon Real Estate Broker’s Course is structured in the following way:

• An orientation familiarizes you with the course.
• The course content is delivered in audio lectures with written transcripts available for each audio lecture.
• The course is divided into multiple chapters, which are segmented into targeted lessons.
• Some lessons may include an infographic or a contract document to enhance your understanding of key content.
• Each chapter ends with a multiple choice quiz. At least 70% of the questions must be answered correctly to pass and continue to the next chapter.
• The course ends with a comprehensive final exam. You must pass the exam to successfully complete the course.
• RealEstateU’s 150-hour Oregon Real Estate Broker course covers everything you need to satisfy the state’s real estate education requirement. The self-paced course enables you to learn the content on your schedule. Study anytime, anywhere, thanks to short audio lessons designed for on-the-go learning.

 

Beautifully Designed Infographics

• Dozens of infographics are visually clear and easy to grasp so you can understand the essential concepts needed for your exams

Course Final Exams

• The OR course requires you to pass the exams spaced throughout the course. Passing a comprehensive final exam administered at the end of 150 hours is required to fulfill your education requirement.

Income Potential

Real estate agents have limitless income potential. The more deals you source and close, the more money you can make!

Flexible Schedule

Forget a life stuck in a boring 9-5 desk job. By law, your sponsoring broker can’t dictate when and where to work! Choose your own schedule and set your own hours.

Work Part-Time or Full-Time

Use your license to earn extra income on the side by working part-time. Or, slowly transition from your current career. You can always go right to full-time and make real estate your dream job.

Sell or Lease All Types of Real Estate

Holding a real estate license allows you to sell or lease all types of real estate throughout Oregon.