To sell or lease real estate in Oregon and earn a commission, you must have an Oregon Real Estate License.
The steps to obtain a OR Real Estate License:
Step #1: Create an Oregon eLicense Account.
Step #2: Apply for an Oregon Real Estate Broker License.
Step #3: Complete the 150-hour Oregon Real Estate Broker Course.
Step #4: Schedule your OR State License Exam.
Step #5: Take and Pass the State Licensing Exam.
Step #6: Submit fingerprints for a background check.
Step #7: Get hired by an Oregon Principal Broker.
To apply for a real estate broker license in Oregon, you must:
If you meet these two qualifications, you can earn a real estate broker's license in (7) steps.
Step 1: Register for an eLicense account
You will begin the process by registering for an account in the Oregon Real Estate Agency's eLicense management system. Only register if you have never held a broker, property management, or escrow license in Oregon.
Step 2: Apply for Your License
You will apply for your broker license through the eLicense system. The nonrefundable application fee is $300. You'll receive an applicant ID number by email. Keep this number as it is necessary for completing the remaining steps.
In your application, you'll need to provide proof of:
Step 3: Complete Your Pre-license Education
Oregon requires brokers to complete 150 hours of instruction from an approved pre-license Real Estate school. The schools are either licensed private career schools or accredited community colleges, colleges, or universities. Online courses are the most convenient way to complete your 150 hours.
You'll need to provide your chosen school with your Applicant ID number and full name. Completing your education qualifies you to take the state exam. Your course provider will electronically send your examination eligibility to the exam provider, PSI.
The required hours break down into seven courses necessary for your Oregon broker license:
Step 4: Applying for the State Exam
Apply to take the Oregon state license exam after completing your pre-license education. Your course provider will send your 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. Exam centers are located in Baker City, Bend, Eugene, Independence, Medford, Portland, and Wilsonville. Search the website or see the Oregon Candidate Bulletin for a list of addresses.
The exam costs $75, and you'll directly pay PSI for the exam. PSI accepts credit card, money order, company check, or cashier's check.
Step 5: Take and Pass the State Exam
The Oregon state pre-license broker exam is divided into two sections: general and state law. You must pass both sections to qualify for a broker license. The exam is made up of multiple-choice questions.
The Oregon Broker Pre-licensure Exam includes:
1.National section of 80 questions. You must score a 75% to pass. The time allowed is 150 minutes.
2.State section of 50 questions. You must score a 75% to pass. The time allowed is 90 minutes.
You will receive a score report on-screen and emailed to you immediately upon completion of the exam. If you fail, the email will include a diagnostic report.
Passing both portions is required for your license application. If you fail one section, you can retake only the failed section. A passing score is valid for 12 months; you must complete your license requirements within a year.
Step 6: Get Your Fingerprints Taken
When you pass the Oregon Broker Pre-license Exam, 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, which includes the Oregon State Police and PSI processing fees. PSI accepts Visa, MasterCard, money orders, cashier's checks, and company checks.
The fingerprints will be electronically forwarded to the review agencies. 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!
Can I take the OR pre-license course if I'm still in high school?
The Oregon Real Estate Agency requires candidates to be at least 18 years old and have a high school diploma or GED. Since the state has you complete the broker application as the first step, you’ll need to wait until you have a diploma.
What are the requirements to apply for an OR real estate license?
Applying for your Oregon real estate broker’s license is actually the first step in earning a broker license. You must be at least 18 years of age and have a high school diploma, GED, or international equivalent.
Can I take the 150-hour OR real estate license course online?
Yes, many students decide to complete the required hours online because it is more affordable and flexible. As long as a state-approved education provider provides the course, you can take it online.