Oregon provides for a separate property manager license for property managers and does not require a real estate broker or principal broker license. However, real estate brokers and principal brokers can also manage property, but the broker must work under a principal broker who allows property management activity.
The typical property manager is responsible for a number of activities which are done on behalf of the owner. The scope of work that a property manager is responsible for is defined in the property management agreement entered into between the property manager and the property owner. Depending on the scope of the property management agreement, the types of activities a property manager may be engaged in are the following: