(Jeff Sorg, OnlineEd® – Portland, OR) – You must have an Oregon real estate license if you want to conduct real estate activity for compensation within the state of Oregon. Oregon’s entry level real estate license is a real estate broker license. Oregon does not have a real estate salesperson license. To qualify for a real estate broker license, you must complete a 150-hour Oregon Real Estate Agency approved pre-licensing course from an approved provider, clear a background check, and pass the state licensing examination. Once these requirements have been satisfied, you become eligible to apply for your real estate license.
Your approved course will contain seven topics of study: Agency, Contracts, Real Estate Law, Practice, Brokerage, Finance, and Property Management. The Real Estate Agency requires mastery of each topic from an approved school. Approved schools must be licensed by the Oregon Department of Education as a career school and have approved vocational instructors to teach the course. Oregon permits these courses to be delivered in a classroom, by correspondence, or over the Internet. Internet and correspondence schools must have their course delivery method approved by the Association of Real Estate License Law Officials (ARELLO). A real estate finance course completed in another state after 1973 by a community college, college, or university can be accepted to meet the finance course requirement. No other out of state courses will be accepted in lieu of the other mandatory course requirements.
Your background check can be denied if you have had a criminal conviction, have had a state license revoked or suspended, have been disciplined by a professional body, have filed for bankruptcy, have fallen behind on child support payments, or if you have been involved in civil lawsuits that would give the impression you are less than honest. Licenses are granted on a case-by-case basis in Oregon and you will be given opportunity to explain any adverse background check findings. Just because you have filed for bankruptcy, for example, that is no reason not to make application and go through the background check process.
To conduct professional real estate activity in Oregon you must obtain a real estate license from the Oregon Real Estate Agency. This can be done by following these steps:
- Enroll in the OnlineEd® course and submit your license application to the Oregon Real Estate Agency sometime before completion of your coursework.
- Complete your OnlineEd® Oregon real estate pre-license training course and confirm with OnlineEd® that you have submitted your license application to the Oregon REA.
- OnlineEd® will upload your electronic eligibility file and required personal information to PSI, the licensing exam proctor.
- Schedule and pay for your licensing examination by contacting PSI.
- Sit for the licensing exam at the PSI location you select.
- At the PSI exam center, pay for fingerprinting and the required background check.
- PSI will submit your fingerprints electronically for the criminal background check.
Oregon has licensing agreements with Alabama, Alberta, Colorado, Georgia, Idaho, Montana, Nebraska, South Dakota and Wyoming. If you hold a resident real estate license from one of these jurisdictions, you should contact the Oregon Real Estate Agency for information and special conditions about obtaining an Oregon real estate broker license. In most cases, you will still be required to complete the Oregon educational requirement, but you may receive waiver on the national portion of the state licensing exam.
OnlineEd® is an Oregon licensed vocational school located in Portland, Oregon. The OnlineEd® Oregon Real Estate Broker Licensing course is approved by the Oregon Real Estate Agency and Association of Real Estate License Law Officials (ARELLO). The course is approved as competency based and is not time monitored. You will be able to work at your own pace without online timer distractions. The OnlineEd® Web site can be found at www.OnlineEd.com. To view their course delivery method and online course demo, go here: https://www.onlineed.com/prelicense_demo. To request a free packet of information about obtaining your Oregon license, go here: https://www.onlineed.com/free_OR_Prelicense_packet.
OnlineEd® is Oregon Real Estate Agency approved provider # 1038 and an Oregon licensed vocational school.
For additional information about this article, please contact OnlineEd Inc., at (503)670-9278, (866)519-9597 or by email to mail@onlineEd.com