Tag Archives: property manager advanced practices

22% of Oregon Real Estate Licensees Fail Continuing Education Audit

(Jeff Sorg, OnlineEd) – The Oregon Real Estate Agency has released the results of its first continuing education audit, performed November 2013. A staggering 22% of the licensees audited failed because of fraudulent or altered certificates, courses completed from non-agency-certified continuing education providers, or not enough hours. Only 55% of the licensees met the agency’s audit requirements and appeared to be in compliance with all requirements for license renewal. The remaining 23% of licensees did not meet the audit requirements because of late or missing documentation. To renew a license without meeting the agency’s continuing education requirements is a violation of Oregon real estate license law and may result in administrative action against the licensee.

Oregon Real Estate Commissioner, Gene Bentley, suggests these key takeaway points from the results of this first audit:

  • Don’t renew your license until you have completed your required education;
  • Make sure your email and mailing addresses are up to date with the Agency to avoid missing important notifications;
  • Take your continuing education from Agency-certified providers;
  • Keep your certificates of attendance and Continuing Education Record form for three years after your license renewal; and
  • Don’t fraudulently produce or otherwise modify a continuing education certificate.

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For more information about OnlineEd and their Oregon pre-license and continuing education courses for real estate licensees, please visit www.OnlineEd.com or telephone Chris Culbertson at 503.670.9278.OnlineEd is an Oregon owned and operated Oregon Real Estate Agency Certified Continuing Education Provider No. 1038.

This article was published on January 2, 2014. All information contained in this posting is deemed correct and current as of this date, but is not guaranteed by the author. Due to the fluid nature of the subject matter, regulations, requirements, 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.

4 Oregon Real Estate Education Changes For 2013

(OnlineEd – Portland, OR) -Effective January 1, 2013 the Oregon Real Estate Agency implemented the following changes to real estate broker pre-licensing education, principal broker licensing education, property manager education, and real estate broker advanced practices education:

  1. Real Estate Broker Pre-License: Pre-license qualifying education courses taken after January 1, 2013 must have received a new approval from the Oregon Real Estate Agency. The OnlineEd® Oregon Real Estate Broker Pre-License Course is already compliant with these new rules and approved by the Oregon Real Estate Agency and the Association of Real Estate License Law Officials (ARELLO) to meet the 2013 requirements. Pre-license qualifying education is available from the OnlineEd® pre-license course catalog. Other changes recently implemented require the license candidate to make license application and pay the application fee in advance of being able to schedule a state licensing examination. The exam proctor is also responsible for fingerprinting and background check applications, which are completed during the applicant’s examination appointment. All fees paid to the exam proctor and OREA are nonrefundable.
  2. Property Manager Advanced Practices: All property managers must take the 27-hour Property Manager Advanced Practices course prior to the first active renewal of their license.  The OnlineEd® Property Manager Advanced Practices course is already compliant with the 2013 rule and approved by the Oregon Real Estate Agency. The course is found in our continuing education catalog.
  3. Real Estate Broker Advanced Practices: All real estate brokers must take the 27-hour Broker Advanced Practices course prior to the first active renewal of their license. The OnlineEd® Broker Advanced Practices course is compliant with the 2013 rule and approved by the Oregon Real Estate Agency. Broker Advanced Practices is found in our continuing education catalog. Law and Rule Required Course (“LARRC”) cannot be included in either Advance Practices course. Because licensees need 30 hours of approved education to renew, a LARRC course is still required. OnlineEd® offers LARRC free with both of the Advanced Practices courses.
  4. Principal Broker Qualifying Education, Brokerage Administration and Sales Supervision: Brokers who want to become a Principal Broker must complete a 40-hour Oregon Real Estate Agency approved Brokerage Administration and Sales Supervision course. As of January 1, 2013, this course was greatly expanded and more difficult than its predecessor. There is also a new and longer licensing exam for principal broker licensing.  The OnlineEd® Brokerage Administration and Sales Supervision (BASS) course is compliant with the January 1, 2013 requirements and approved by the Oregon Real Estate Agency. To assist in passing the licensing exam, the course comes with an exam prep module. Brokerage Administration and Sales Supervision is available in our continuing education catalog.

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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. OnlinEd is also the developer of InlineEd, a Compliance Management System solution for the mortgage industry.

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

 

 

Oregon Requires First-Time Renewal Course for Property Manager Licensees

(c) Can Stock Photo

(Jeff Sorg – OnlineEd) – It’s called Property Manager Advanced Practices, P-Map for short, and it’s a newly required course for a first-time license renewal of an Oregon property manager license. Starting on January 1, 2013 property managers must complete this 27-hour course as part of their 30 hour continuing education requirement to be met before a license is renewed. The balance of the 30 hour requirement is to come from the Oregon Real Estate Agency’s requirement to complete an approved 3-hour Law and Rule Required Course (“LARRC”). Property managers who are not renewing for the first-time will complete 27 hours of regular, approved continuing education and the 3-hour LARRC. Both license renewal types will renew their licenses at the Oregon Real Estate Agency’s web site e-Licensing system.

The Oregon Real Estate Agency requires this course to include the required topics of Agency Law, Property Management Agreements, Operating a Property Management Business, Trust Accounts, Property Management Accounting, Oregon Residential Landlord and Tenant law, Fair Housing, Property Management Records, Real Estate Law Relating to Property Management, Commercial Property Management and Emergency Plans, and Energy Management. While the course is designed for property managers, real estate brokers and principal brokers who are engaged in or want to know more about property management can also use it for their continuing education. To find out more about this course or to enroll in it, please visit the OnlineEd catalog.

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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.

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.