Oregon Broker Pre-Licensing OR Real Estate License FAQs

Every Question You Need Answered to Get Your Real Estate 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 help we've collected and answered some frequently asked questions below.

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How do I get an Oregon real estate license?

To become a licensed real estate broker in Oregon includes completing the following:

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 include completing 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 Agency for 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 education here.

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.

 

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