Tag Archives: oregon real estate prelicense course

Do You Need an Oregon Real Estate License?

canstockphoto7389305 real estate license card  (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 compensation, by any person who:

  • sells, exchanges, purchases, rents or leases real estate;
  • offers to sell, exchange, purchase, rent or lease real estate;
  • negotiates, offers, attempts or agrees to negotiate the sale, exchange, purchase, rental or leasing of real estate;
  • lists, offers, attempts or agrees to list real estate for sale;
  • offers, attempts or agrees to perform or provide a competitive market analysis or letter opinion, to represent a taxpayer under ORS 305 or 309 or to give an opinion in any administrative or judicial proceeding regarding the value of real estate for taxation, except when the activity is performed by a state certified appraiser or state licensed appraiser;
  • auctions, offers, attempts or agrees to auction real estate;
  • buys, sells, offers to buy or sell or otherwise deals in options on real estate;
  • engages in management or rental real estate;
  • purports to be engaged in the business of buying, selling, exchanging, renting or leasing real estate;
  • assists or directs in the procuring of prospects, calculated to result in the sale, exchange, leasing or rental of real estate;
  • expect as otherwise provided in ORS 696 advises, counsels, consults or analyzes in connection with real estate values, sales or dispositions, including dispositions through eminent domain procedures;
  • advises, counsels, consults or analyzes in connection with the acquisition or sale of real estate by an entity if the purpose of the entity is investment in real estate; or
  • performs real estate marketing activity ad described in ORS 696.

While exemptions to licensing can be found in ORS 696.030, the Oregon Real Estate Agency will not say if an exemption applies to a certain situation. Anyone who thinks they might qualify for such an exemption should consult their attorney.

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This article was published on September 10, 2014. All information contained in this posting is deemed correct and current as of this date, but is not guaranteed by the author and may have been obtained by 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.

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

Oregon Real Estate Continuing Education Requirements Based on License Type and Status

(OnlineEd® – Portland, OR) – There are different education requirements for renewal of an Oregon real estate license. These requirements will depend on your license type, license status, and whether it is a first-time or subsequent renewal of the license. Click the appropriate link below to find out the education requirements for your license.

Broker

Principal Broker

Property Manager

Broker Renewing an Active License

  • First-time Renewal:

Complete the Oregon Real Estate Agency required 27-hour Broker Advanced Practices course and the 3-hour Law and Rule Required (“LARRC”) course.

  • Second and Subsequent Renewal:

Complete at least 27 hours of regular continuing education and  the 3-hour LARRC during the two years preceding your license renewal date.

Broker Renewing an Inactive License

No continuing education is required.

Inactive Broker Activating a License

  • If you have renewed an active license at least one time and completed an Advanced Practices course you must:

Complete at least 27 hours of regular continuing education and  the 3-hour LARRC during the two years preceding your license renewal date.

  • If you have never renewed an active license and never completed Advanced Practices:
  1. You obtained your first broker license after June 30, 2001, it has been inactive the entire time, and you have renewed an inactive license at least once; or
  2. You held an Oregon real estate license, but let it expire or lapse. You became re-licensed as a broker after June 30, 2002 by meeting the current licensing requirements  but your license has been inactive since then. You have renewed your license at least once.

To reactive your license, you must complete Broker Advanced Practices and LARRC during the two years preceding your license expiration date.

Principal Broker Renewing an Active License
Complete at least 27 hours of regular continuing education and  the 3-hour LARRC during the two years preceding your license renewal date.

Principal Broker Renewing an Inactive License
No continuing education is required.

Inactive Principal Broker Activating a License
Complete at least 27 hours of regular continuing education and  the 3-hour LARRC during the two years preceding your license renewal date. If you have been inactive for more than two years, you must sit for and pass the Principal Broker Reactivation Exam.

*There is no requirement for a principal broker to take principal broker specific education. Qualifying real estate broker education or property manager education will meet the requirements for principal broker education.

Property Mana

ger Renewing an Active License
Complete the Oregon Real Estate Agency required 27-hour Property Manager Advanced Practices course and the 3-hour Law and Rule Required (“LARRC”) course.

Property Manager Renewing an Inactive License
No continuing education is required.

Inactive Property Manager Activating a License
Complete at least 27 hours of regular continuing education and  the 3-hour LARRC during the two years preceding your license renewal date. If you have been inactive for more than two years, you must sit for and pass the Property Manager Reactivation Exam.

*With exception of Property Manager Advanced Practices for first license renewal, there is no requirement for a property manager to take property manager-specific education. Qualifying real estate broker education will meet the requirements for property manager education.

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OnlineEd® is Oregon Real Estate Agency approved continuing education provider number 1038.  OnlineEd® is an Oregon licensed vocational school offering real estate, mortgage, contractor and insurance courses.

For more information about OnlineEd®, please visit www.OnlineEd.com.

How To Apply For An Oregon Real Estate License On Or After July 1, 2011

Oregon

Oregon

(OnlineEd – Portland, OR) The Oregon Real Estate Agency has changed the steps required to apply for and obtain an Oregon Real Estate Broker license.  As of July 1, 2011 the following steps must be completed:

1. The applicant must submit the appropriate license application with the required fee to the Oregon Real Estate Agency before completion of the pre-license course. The applicant can enroll and begin the coursework prior to application, but must submit the application before completion of the coursework.

2. The applicant must complete the required pre-license education.

3. The pre-license education provider must obtain (but not verify) the applicant’s Social Security Number and confirm (but not verify) with the applicant that the applicant has submitted the license application.

4. The education provider is to upload the applicant’s electronic eligibility file and Social Security Number to PSI, the licensing exam proctor.

5. The applicant is to schedule and pay for the licensing examination by contacting PSI.

6. The applicant will sit for the licensing exam at the PSI location selected by the applicant.

7. At the PSI exam center, the applicant will pay for fingerprinting and the required background check.

8. PSI will submit the applicant’s fingerprints electronically for the criminal background check.

The fingerprints that PSI takes are sent electronically to the Oregon Real Estate Agency, along with the applicants Social Security Number. The Agency attaches the fingerprints with the license application and digitally forwards them to law enforcement for processing.

If the licensee passes the licensing exam AND background check, the licensee will receive an email from the Agency. The email will provide a hyperlink for the licensee to print out their real estate license.

The broker’s principal broker no longer holds the broker’s license. Instead, the applicant will declare their principal broker association on their license application. The Agency will email the declared principal broker for confirmation that the applicant will be associated with and supervised by the principal broker.

For more about this process, please visit the OnlineEd pre-license course catalog at at https://www.onlineed.com/system/pages/courses.php?state=Oregon&field=1 , select the pre-licensing package of interest, and then click “Learn More.”


OnlineEd is an Oregon licensed vocational school and approved by the Oregon Real Estate Agency to offer pre-license education.  The  OnlineEd® Oregon Real Estate Agency School number is 1038