How To Become Licensed
Oregon Real Estate Study Guides
The Oregon License Professor is Oregon's number one provider of high quality real estate knowledge designed to help YOU pass your Oregon real estate exam the first time. Explanations and feedback given by the Oregon License Professor is provided by real estate license instructors and professional realtors from across the United States. Many students have already aced their Oregon real estate exam by preparing with the Oregon License Professor.
- Licensing requirements
- The Broker Relationships Act
- Property disclosures
- >Accounting requirements
The Oregon License Professor covers all of the PSI necessary fundamentals of real estate including; 1) Property Ownership, 2) Land Use Controls and Regulations, 3) Valuation and Market Analysis, 4) Financing, Laws of Agency, 5) Mandated Disclosures, 6) Contracts, Transfer of Property, 7) Practice of Real Estate, 8) Mathematics, 9)Specialty Areas, as well as, 10) state specific content.
The Oregon License Professor Features:
- 3 interactive study methods (Learning, Exam, and Flash Card)
- 14 practice real estate license exams containing over 2100 questions
- Both state and national real estate exam questions
- Specific math and definition exams
- Real estate specific online dictionary with hundreds of terms phrases
Studying with the Oregon License Professor will:
- Increase your understanding of course material
- Improve your exam comfort, familiarity, and completion speed
- Start preparing immediately as there is no software to be delivered
- Work from home comfortably (slippers allowed): Study wherever and whenever you desire
- Have no need to attend expensive exam prep classes or real estate license school
The content for each Oregon real estate exam has been extensively planned out by the Oregon License Professors editorial staff; professionals who teach real estate license courses all over Oregon. Through their valuable years of instructional experience they have created a series of practice tests that help future realtors prepare for their real estate exam. Don't set up to fail. Pass the real estate exam using the excellent practice exams and informative feedback that the Oregon License Professor's system provides.
The Oregon License Professor covers:
- Introduction to the Real Estate Business
- Real Property and the Law
- Concepts of Home Ownership
- Real Estate Brokerage
- Listing Agreements and Buyer Representation
- Interests in Real Estate
- Forms of Real Estate Ownership
- Legal Descriptions
- Real Estate Taxes and Other Liens
- Real Estate Contracts
- Transfer of Title
- Title Records
- Real Estate Financing: Principles
- Real Estate Financing: Practice
- Property Management
- Real Estate Appraisal
- Land-Use Controls and Property Development
- Fair Housing and Ethical Practices
- Environmental Issues and Real Estate Transactions
- Closing the Real Estate Transaction
- Real Estate Math
- Oregon Law and Practice
Oregon Real Estate License Requirements
Broker applicants must complete a 150-hour course of study that consists of the following modules:
- Oregon Real Estate Practice (30 hours)
- Real Estate Law (30 hours)
- Real Estate Finance (30 hours)
- Contracts (15 hours)
- Agency (15 hours)
- Property Management (10 hours)
- Real Estate Brokerage (20 hours)
Courses may be completed through:
- Oregon Private Career Schools.
To satisfy the requirements at an Oregon private career school, applicants must complete the course of study, including a final examination in each of the modules, and submit an original course completion certificate to the Agency. With the exception of Real Estate Finance, modules completed prior to July 1, 2002 are not accepted to satisfy the education requirements. An approved Real Estate Finance course completed at an Oregon private career school between July 1, 1978 and June 30, 2002 is accepted to satisfy that module.
- Community Colleges, Colleges and Universities
To satisfy the requirements through an Oregon community college, college or university, applicants must complete the course of study, including a final examination; achieve a minimum grade of C; and submit an original official transcript or original grade slip. With the exception of Real Estate Finance, modules completed prior to July 1, 2002 are not accepted to satisfy the education requirements. A Real Estate Finance course completed at a community college, college or university between November 1973 and June 30, 2002 is accepted to satisfy that module.
Only the Real Estate Finance module may be satisfied at an out-of-state community college, college or university. However, the same acceptable dates listed for in-state institutions apply to out-of-state institutions.
Sole Practitioner Broker Applicants
Sole Practitioner Broker applicants must have completed the requirements listed for Broker applicants and have three years licensed experience (out-of-state experience is acceptable with certified license history).
Principal Broker Applicants
Principal Broker applicants must have completed the education requirements listed for Broker applicants, completed a 40-hour Brokerage Administration and Sales Supervision course approved by the Agency, and have three years licensed experience (out-of-state experience is acceptable with certified license history). The Brokerage Administration and Sales Supervision Course may also be used to meet continuing education requirements.
Verification of Course Work:
Applicants are responsible for assuring that original course completion certificates or transcripts are submitted to the Agency. Schools do not automatically provide verification to the Agency. Verification of course work may be submitted when the course is completed at any time during the application process, but must be submitted before a license may be issued.
Broker, Sole Practitioner, and Principal Broker Licensees
Broker, Sole Practitioner, and Principal Broker licensees must complete a post-license 30-hour Advanced Real Estate Practices course approved by the Agency due at the licensees' first license renewal. The Advanced Real Estate Practices course may also be used to meet continuing education requirements, if approved by the certifying licensee.
License and Examination Information:
A complete description of education and examination requirements is available in the Real Estate License and Examination Information booklet, which may be obtained by calling the Real Estate Agency, Licensing Section at 503-378-4170, menu selection 2.