license

Do You Need an Oregon Real Estate License?

| September 10, 2014

  (Jeff Sorg, OnlineEd) –  Anyone who conducts professional real estate activity within the State of Oregon is required to have a real estate license. Oregon defines professional real estate activity as any of the following actions, when engaged in for another and for compensation or in the expectation or upon the promise of receiving or collecting …

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Make sure your contracting business doesn’t work for free!

| May 16, 2013

In California, a contractor was recently ordered to repay over $750,000 when it became evident that the company had operated without being properly licensed in the state of California. In Oregon, a contractor has been barred from seeking over $285,000 in compensation when his license was suspended during the course of a contract.  Don’t let …

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It’s Time For Mortgage Loan Originators to Start Their Annual NMLS Continuing Education

| August 6, 2012

(OnlineEd) – Every state-licensed mortgage loan originator (“MLO”) in any approved status is to complete at least 8 hours of NMLS approved license renewal education as part of their license renewal requirements.  This annual continuing education must include 3 hours of Federal law, 2 hours of ethics, which includes fraud, consumer protection, and fair lending …

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Introducing eLicensing for Oregon

| June 29, 2012

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, …

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Upcoming DRE License Changes

| June 29, 2012

(California DRE News Bulletin – Summer 2012) Branch or Division Manager Appointments Effective July 1, 2012, pursuant to Business and Professions Code (B&P) Section 10164, an employing real estate broker or corporate designated broker officer may appoint a licensee as a manager of a branch office or division of the employing broker’s or employing corporate …

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Are You Using eLicensing?

| June 28, 2012

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. …

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What is a Buyer Broker Agreement?

| June 5, 2012

(Jeff Sorg – OnlineEd)The buyer broker agreement, also known as buyer broker service agreement, exclusive buyer service agreement, etc.  is a contract for services between a buyer of real property and real estate broker. In the agreement, the buyer agrees to work with the broker for a specified period while locating and negotiating the purchase …

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Loan Underwriting Approval: Collateral, Character, and Capacity

| May 17, 2012

Qualifying ratios are only the beginning of the loan approval process. The three Cs of loan approval in lending are: Collateral, Character (credit), and Capacity. Collateral – The lender will look to the collateral to hedge its loss if the creditor defaults on their loan. To help analyze the collateral, the lender will order an …

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Big Fines Issued in Portland, OR Unlicensed Contractor Sting Operation

| May 15, 2012

OnlineEd (Portland, OR) – KATU News recently teamed with the Oregon Construction Contractors Board to launch a sting operation designed to catch unlicensed contractors advertising for work in Portland, Oregon. An undercover reporter, pretending to be a homeowner in need of a contractor to perform various work activities requiring a Oregon contractors license, called numerous online ads from …

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How to Get a Copy Your Oregon Real Estate License

| May 11, 2012

The time may come when you need a new copy of your Oregon real estate license. Maybe yours is missing. Perhaps you are out of town and need a copy right away. Or, maybe you just want to print out a duplicate copy to hang in your office or file in your records. There is …

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