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How to Renew Your Oregon Real Estate License

Requirements to renew an Oregon real estate license

By Jeff Sorg, OnlineEd Blog
(May 9, 2017)

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(Portland, OR) – To renew an Oregon real estate license, the licensee must pay a renewal fee and meet the following continuing education requirements:

  • 30 hours of continuing education during the two years preceding license renewal;
  • At least 3 of the 30 hours must be in a course on recent changes in real estate rule and law called the Law and Rule Required Course (LARRC), offered for FREE at OnlineEd;
  • First-time renewing licensees must take a Real Estate Board-approved 27-hour course on Broker Advanced Practices and a 3-hour course on recent changes in real estate rule and law (LARRC);
  • Continuing education courses and their course objectives must be based on Real Estate Board approved topics;
  • Only courses completed through an Oregon Real Estate Board Certified Continuing Education Provider will qualify for continuing education;
  • The Certified Continuing Education Provider must ensure that persons who teach their continuing education courses meet certain instructor qualification requirements; and
  • As part of the license renewal process, licensees will self-certify that they have met the continuing education requirement for the applicable renewal cycle.
  • While courses might be delivered by approved providers, it is the licensee’s responsibility to see that the courses meet all timing requirements and that provider can prove your time in the course to the Agency. This means that online courses must have timers and live lecture courses must have a method in place to verify time spent in attendance. A provider’s certificate of completion issued when the provider cannot prove time spent in the course will not be counted if discovered during an agency audit.

Eligible Topics

At least 3 of the 30 hours must be from a course on recent changes in real estate rule. The course on the recent rule and law changes is known as Law and Rule Required Course, commonly known by its acronym LARRC (“lark”). The remaining 27 hours of continuing education can come from any of these topics:

  • Principal broker or property manager record keeping
  • Principal real estate broker supervision responsibilities
  • Principal broker or property manager client trust accounts
  • Agency relationships and responsibilities for brokers, principal brokers, or property managers
  • Misrepresentation in real estate transactions
  • Property management
  • Advertising regulations
  • Real estate disclosure requirements
  • Real estate consumer protection
  • Anti-trust issues in real estate transactions
  • Commercial real estate
  • Real estate contracts
  • Real estate taxation
  • Real estate property evaluation, appraisal, or valuation
  • Fair Housing laws or policy
  • Managing a real estate brokerage
  • Business ethics
  • Risk management
  • Dispute resolution
  • Real estate finance
  • Real estate title
  • Real estate escrows
  • Real estate development
  • Condominiums
  • Subdivisions
  • Unit owner or homeowner associations
  • Timeshares
  • Water rights
  • Environmental protection issues in real estate
  • Land use planning, zoning, or other public limitations on use
  • Real estate economics
  • Real estate law or regulation
  • Negotiation

Specifically excluded from eligible continuing education are courses about these topics:

  • Real estate broker or property manager pre-licensing courses
  • Examination preparation classes
  • Sales meetings
  • Motivational classes or seminars
  • Time management classes or seminars
  • Sales and marketing classes or seminars
  • Psychology classes or seminars
  • Trade association orientation courses
  • Courses in standardized computer software programs not specifically related to one of the eligible topics
  • Courses with content that is specific to another state or jurisdiction

Certified Continuing Education Providers

For continuing education to qualify for license renewal, the education must be delivered by a Certified Continuing Education Provider and be time-monitored. The Certified Continuing Education Provider must

  • ensure that a course offered is within the scope of one or more of the eligible course topics;
  • identify to the licensee which course topic the course covers;
  • ensure that the course meets the minimum length requirement of one credit hour (50 minutes);
  • assign each course a four-digit number that is unique to that course;
  • ensure that courses offered will meet the stated learning objective requirements;
  • ensure that the instructor who teaches a continuing education course meets the applicable instructor qualification requirements;
  • give each licensee who completes a course a course completion certificate; and
  • keep records of each course provided for three years.

Online Renewal

To renew, licensees must use the REA’s online renewal system known as e-License. Licenses cannot and will not be renewed through the mail. During the online renewal process, licensees will self-certify that they have completed the required continuing education requirements. As part of this certification process, licensees must keep all certificates of completion received from continuing education providers and submit their completion information eLicense. The information necessary to complete this form will be found on each qualifying continuing education course completion certificate. All certificates must be kept by the licensee for three years after the renewal date for which the certificate was used for continuing education credit. Course completion certificates are obtained from the course providers.

The REA’s eLicensing website is: https://orea.elicense.irondata.com

The REA required information to be included on all qualifying continuing education course certificates includes:

  • the licensee’s name and license number;
  • the REA certified course provider’s name and REA provider number;
  • the course name and identification number. This course identification number is a four-digit provider number assigned by REA, followed by the 4-digit course number assigned by the provider and registered with the REA;
  • the date, location, and length of time assigned to the course;
  • the eligible course topics covered, or whether the course is the three-hour Law and Rule Required Course, the Broker Advanced Practices Course, or the Brokerage Administration and Sales Supervision course; and
  • the name of the instructor.

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For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers visit www.OnlineEd.com.

All information contained in this posting is deemed correct as of the date of publication, but is not guaranteed by the author and may have been obtained from third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.

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Introducing eLicensing for Oregon

eLicensing has been around for a while now in California, and has come along way since it was first introduced, and now the Oregon Real Estate Agency has made it available to Oregon licensees as well. eLicensing provides a quick, convenient way to update information regarding your real estate license, and, as an added bonus, saves on printing and postage costs since everything is submitted electronically.

(Oregon Real Estate News Journal – June, 2012) The Oregon Real Estate Agency successfully launched eLicense, the new online license management system, in March 2012. Since then, the Agency’s licensing staff has been helping real estate licensees manage their licenses in the new system.

Here is the staff’s list of frequently received questions about eLicense:

How do I log in?

  • First, when you enter eLicense, select “Login.” You will then need your User ID and Password. When you first log in, your User ID is your license number. Your Password is the last four digits of your Social Security Number. Once you log in for the first time, you can change your User ID and Password, as well as set security questions.

How do I transfer my license to a different company?

  • To start the transfer process, you need to login to eLicense and select “Inactivate My License.” Once you have made your license inactive, your former principal broker or property manager will receive an email notice indicating you are no longer with them.
  • Then, the principal broker or property manager from your new company can go into eLicense and add you as an affiliated licensee. The principal broker or property manager will then pay the $10 transfer fee.
  • Once this process is completed, you will be notified by e-mail.

How do I renew my license?

  • If this will be your first time entering eLicense, read “How do I log in?” above for information on your User ID and Password. Once you have logged in, select “Renew my License” from the left menu. Note: You can only renew your license within the month that it expires.

You can enter eLicense from the Agency’s home page at www.rea.state.or.us.

Are You Using eLicensing?

eLicensing has been around for a while now, and has come along way since it was first introduced. It provides a quick, convenient way to update information regarding your real estate license, and, as an added bonus, saves on printing and postage costs since everything is submitted to the California Department of Real Estate electronically. Whether you are renewing your license for the first time or you just need to update your business address, eLicensing is the way to go. Here’s a few other things you can do with eLicensing:

  • Add/Change Employing Broker
  • Request a Duplicate License
  • View License Application Exam Results
  • and more

Click here to view the DRE’s Getting Started with eLicensing guide.

 

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OnlineEd® is a licensed vocational school offering real estate broker, mortgage broker, and insurance licensing courses.

For more information about OnlineEd®, please visit www.OnlineEd.com or contact Paul Cleary at 503.670.9278

New Steps to Renew an Oregon Real Estate License

OnlineEd

Tips for Success in Using eLicense

(April 06, 2012 – ORENJ) Log in, don’t Register.  As a licensee, you already have an account in eLicense. To access your account, select “Login.” To log in to eLicense for the first time, enter your license number as your User ID, and the last four digits of your social security number as your Password.

When you log in, you will be prompted to select and answer your three security questions (designed to help you retrieve a forgotten password in the future). You will also change your password to a secure password and confirm your e-mail address.

Do not “Register” if you are already an Oregon real estate licensee.  Registration is for new license applicants only.

Make license changes effective immediately by selecting “Continue.”  Changes in your license status or account information are immediate as long as you select the “Continue” button after making payment by credit card or echeck. You can renew, activate or inactivate your license, or update your e-mail address, mailing address or personal information.   If you don’t click “Continue,” any change you made to your license will not show up until the next day when the Agency receives confirmation that the bank has processed your payment.

Transfer your license by having your new principal broker transfer you. Your principal broker can review Managing Your Business in eLicense for directions on how to transfer a licensee. After the principal broker completes the process, you can log in to your account to see that your license is now with the new company