Every Question You Need Answered to Get Your RealEstate License in Oregon
We're here to help answer any questions you have about getting started in the real estate industry. Getting your real estate license in Oregon is a big step, so to helpwe've collected and answered some frequently asked questions below.
Buy your Oregon Pre-Licensing » How do I get an Oregon real estate license?
To become a licensed real estate broker in Oregon includes completing the following:
- Be at least 18 years old
- Have a high school diploma, GED, or international equivalent.
- Register with theOregon Real Estate Agency's eLicense systemand apply for a broker license.
- Successfully complete 150 hours of approved real estate education.
- Successfully pass the Oregon Broker Real Estate License Exam.
- Complete a fingerprint and background check.
- Be sponsored by a principal broker.
How long does it take to get a Oregon real estate license?
The amount of time to get your Oregon real estate broker license varies due to the number of steps involved. Most complete the requirements within four months. These includecompleting education, taking the licensing exam, passing the background check, and being sponsored by a principal broker.
How much does the Oregon real estate license exam cost?
Initial application for a broker license in Oregon Real Estate Agency's eLicense system is a non-refundable $300 fee. The PSI License exam fee is $75. The fingerprinting fee at PSI is $56.25. Please note Oregon Real Estate Agency and PSI's prices may change without notice.
What are the rules for reciprocity for OR real estate licenses?
Currently Oregon has reciprocity agreements with the following states: Alabama, Georgia, Nebraska, South Dakota.Contact the Oregon Real Estate Agencyfor more information.
What are the continuing education requirements after getting my real estate license?
The state of Oregon requires 30 hours of Continuing Education due every two years by the last day of the licensee’s birth month.
Brokers renewing an active license for the first time must complete the 27-hour Broker Advanced Practices (BAP) course and the 3-hour LARRC course.
For subsequent renewals, brokers must complete the 3-Hr. Oregon Law and Rule Required Course (LARRC) and 27 elective hours. You can view our offering for OR real estate educationhere.
Can Oregon Licensing Exams Be Taken Remotely?
Beginning October 1, 2020, PSI will be launching the option of remote proctoring for OR licensing candidates, and then, beginning October 2, 2020, students will be able to take remote proctored exams. Students can schedule to take remote exams on PSI's website.
Can I get an Oregon real estate license online?
Yes, Oregon residents can receive their real estate Pre-Licensing education online. The online option has become increasingly popular in recent years.
Can a felon get an Oregon real estate license?
Felons can receive a real estate license in Oregon, but the candidate's criminal record must be reviewed and approved by the Oregon Real Estate Agency.
What is the average salary for an Oregon real estate agent?
Although it's difficult to determine the "average salary" of an Oregon agent, full-time Oregon agents average between $80-90k according to Indeed.com.
Do you need to have a diploma or GED to get your Oregon real estate license?
In order to become a licensed real estate agent in Oregon, candidates must have at least a high school diploma or GED.
How old do you have to be to get your Oregon real estate license?
To become a real estate agent in Oregon, applicants must be at least 18 years of age.
Where do I take the Oregon real estate license exam?
You can schedule your Oregon real estate examination with PSI at 833.892.5441 or by visiting their website.
How much does it cost to get an Oregon real estate license?
The cost of a real estate license in Oregon will include application fees and Pre-Licensing education. Pre-Licensing education can be found under $500, making this career surprisingly affordable to start compared to investing in a standard college education.
What are the Oregon requirements for Continuing Education?
Every two years, Oregon real estate agents are required to complete 30 hours of Continuing Education.
Does Oregon have real estate license reciprocity with any other states?
Oregon has partial reciprocity agreements with Alabama, Georgia, Nebraska, South Dakota, and Alberta, Canada. The details of these reciprocity arrangements can be nuanced, and out-of-state agents are encouraged to visit the Oregon Real Estate Agency to ask personalized questions.
For more information about how reciprocity works and which states offer it nationwide, visit our Guide to Reciprocity and Portability.
FAQs
In order to pass the Oregon real estate exam, you'll need a score of at least 75 %. Passing the exam is much less stressful for anyone who has completed an Exam Prep course.
How hard is it to pass the Oregon real estate exam? ›
In order to pass the Oregon real estate exam, you'll need a score of at least 75 %. Passing the exam is much less stressful for anyone who has completed an Exam Prep course.
What disqualifies you from getting a real estate license in Oregon? ›
Some individuals may be denied licensure. The law does not list specific criminal offenses or other circ*mstances, which would prevent a person from receiving a license. However, failure to disclose any criminal, civil, or administrative proceeding is grounds for denial of a license.
How many questions can you miss on the Oregon real estate exam? ›
The Oregon Broker Pre-licensure Exam consists of two sections. The National section will ask 80 multiple-choice questions. You must answer 75% correct, or 60 questions, to pass. The State section will ask 50 multiple-choice questions, and you must answer 75% correct, or 37 questions, to pass.
What is the pass rate for the Oregon real estate exam? ›
We know you have a busy life, and sometimes, it's not realistic to study for hours every day in the weeks leading up to your Oregon Real Estate licensing exam. That's okay, even just a few hours with our prep guide will mean you are able to pass your OR exam confidently – first try. Average pass rate is only 64%.
Who has the hardest real estate test? ›
The difficulty of the real estate exam varies by state, but the California real estate exam is known to be one of the most difficult. The pass rate for the California real estate exam in the last two years has been below 50%, indicating its high level of competitiveness and difficulty.
How many times can you retake the real estate exam in Oregon? ›
How many times can you take the real estate test in Oregon? You can take the state broker license exam as many times as necessary to pass both the national and state portions. The fee to retake both sections or a single section is $75.
How long does it take to get a real estate license in Oregon? ›
The amount of time to get your Oregon real estate broker license varies due to the number of steps involved. Most complete the requirements within four months. These include completing education, taking the licensing exam, passing the background check, and being sponsored by a principal broker.
How much does it cost to get a real estate license in Oregon? ›
Sample Oregon Real Estate License Costs
| Prelicensing Classes, Including Exam Prep (150 Hours) | $475 (through The CE Shop) |
|---|
| Oregon Broker Real Estate License Exam Fee | $75 |
| License Fee | $300 |
| Fingerprinting Fee | $61.25 |
| Total Cost | $911.25 |
Apr 20, 2023
To sell real estate in Oregon, you are required to hold a current real estate license from the Oregon Real Estate Agency.
If you want to become a real estate agent, you'll need to understand basic math concepts to successfully complete the real estate exam and calculate day-to-day transactions in real life.
Can you use a calculator on the Oregon real estate exam? ›
Can you use a calculator on real estate exam in Oregon? Oregon allows you to bring a non-programmable, silent, and battery-operated personal calculator. It cannot have an alphabet keyboard and must be separate from your phone.
Is the Oregon real estate exam multiple choice? ›
After doing so, you will be able to take the 130 multiple choice question assessment covering topics like: property ownership, financing, and property management over its national and state sections respectively.
How to pass the Oregon real estate test? ›
To pass, you must correctly answer at least 75% of the questions. The principal broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 75% of the questions. You will receive your score immediately after you complete your exam.
Is the Oregon real estate exam online? ›
Yes! You can take your Oregon real estate exam online.
What states have the easiest real estate exams? ›
Massachusetts. The state of Massachusetts takes gold for the easiest real estate exam. Massachusetts not only has one of the shortest pre-licensing courses, but at 120 questions, it is among the states with the shorter real estate exams.
How long does it take to take the Oregon real estate exam? ›
The exam is broken into two sections — 150 minutes for the 80-question national portion and 90 minutes for the 50-question state portion — and you only need a 75% to pass.
How long do most people study for real estate exam? ›
If it's your first time taking the real estate exam, it is advisable to start preparing for it at least 2 months before writing the exam while dedicating one hour each night to study.
