Oregon Real Estate Broker License (entry-level — no salesperson license) requirements

Follow these steps in order. Deadlines and affiliation requirements can make a passed exam unusable if they are missed.

1. 1

   Register in eLicense; apply for a broker license; pay the $300 nonrefundable fee; receive an Applicant ID

   Do this BEFORE the 150 hours. The school cannot notify PSI without the Applicant ID.

2. 2

   Complete 150 hours in seven named courses (Law 30, Practice 30, Finance 30, Contracts 15, Agency 15, PM 10, Brokerage 20)

   75% on course finals at a private career school; C or equivalent at a college. Use only Oregon-approved providers. Courses must be completed on or after January 1, 2013.

3. 3

   PSI $75: national 80 items / 150 min + Oregon 50 items / 90 min at 75% each

   The school notifies PSI. A split retake must be done within 12 months. Scores are good for one year.

4. 4

   Fingerprints at PSI after you pass in person ($61.25 on bulletin 3376); your managing principal broker adds the pending license in eLicense

   Clearance is good for one year. One license at a time. You get an email when the license is issued.

5. 5

   First active renewal: 2-hour Fair Housing + 2- or 3-hour LARRC + 26- or 27-hour Broker Advanced Practices (HB 3137 as of January 1, 2026)

   Birth-month cycle; the first period is 13–24 months. Later renewals: Fair Housing + LARRC + electives to reach 30 hours. $300 active / $150 inactive. Keep certificates 3 years.

Minimum age

18 years old

Identification

A Social Security number is required. An ITIN is not confirmed as a substitute.

Residency and identification

Per the REA Broker Licensing page, you must be 18 and have a high school diploma, GED, or international equivalent. Oregon residency is not required. Apply in eLicense first ($300 nonrefundable) so the school can use your Applicant ID. Only courses completed on or after January 1, 2013 meet licensing requirements. You can hold one license at a time. Out-of-state experience leads to the principal broker path (certified history + 150 + 40-hour BASS); it does not waive the seven named courses for the entry broker license.

Qualifying education

The REA Broker Licensing page requires 150 hours of broker pre-license education from an Agency-approved real estate school. OAR 863-022-0010 names the seven courses and the number of questions on each course final (60 / 60 / 60 / 30 / 30 / 20 / 40). At private career schools you need 75% on each final; on the college path, a grade of C or equivalent. Only Oregon community colleges/colleges/universities or HECC-licensed Oregon private career schools may teach the courses. Give the school your Applicant ID, which means applying in eLicense first. According to the REA educator page, the provider notifies PSI when you are eligible and gives you a certificate of completion. The 150 hours are not eligible for CE credit (OAR 863-022-0010(6)). Washington's 90 hours, Idaho's 90 hours, and California's 135 hours do not substitute for Oregon's 150.

Education or filing deadline

Only courses completed on or after January 1, 2013 meet licensing requirements (REA Broker Licensing page). PSI scores are good for one year, and fingerprint clearance is good for one year. The Agency can only issue a license while both are valid.

Character review

ORS 696.022: only a person who is trustworthy and competent to conduct professional real estate activity can get a license. The law does not list specific criminal offenses that automatically bar a license (REA background-check page). Disclose everything; failing to disclose may result in denial. Having a record does not automatically prevent licensure; the Agency reviews each case individually.

Background process

The check starts with the eLicense application questions plus PSI digital fingerprints ($61.25 on bulletin 3376), processed by OSP + FBI. It typically takes about 2 weeks. Clearance is good for one year.

Experience

No licensed experience is required for the entry broker license. A managing principal broker must add the pending license into the business in eLicense before it is issued. To become a principal broker later, you need three years of active real estate license experience plus the 40-hour BASS course.

Broker affiliation

Per the REA Broker Licensing page, you work associated with and supervised by a managing principal broker. Your license is issued when the background check clears, your new managing principal broker adds the pending license into the business in eLicense, and the Agency completes a final review. You will receive an email when the license is issued. You can hold only one real estate license at a time. Only principal brokers register business names. Inactive licensees cannot conduct professional real estate activity.

PSI Services (test-takers.psiexams.com/orre; (833) 892-5441; bulletin 3376). $75 per attempt. Not Pearson. The school notifies PSI only after you have an Applicant ID and have finished the 150 hours. · Fee: $75

The fee is valid for one exam attempt within one year; if you fail, you reschedule and pay another $75. If you pass only one section of the Broker License examination, you retake only the failed section; the passed score is valid for 12 months, after which you take both sections again. Passing scores are valid for one year from the date of passing, so your license must be issued within that year or you must retake the exam to become licensed. You can test remotely or in person.

These are commission or testing-vendor amounts we can cite. School tuition and optional preparation products are private-market prices.

REA Broker Licensing page: $300 nonrefundable application fee in eLicense. The application and initial license amounts shown here are that same $300, not two charges; the REA does not list a separate original-license fee on top of the application. REA renewal page: active renewal $300; inactive renewal $150; late active $300 + $150 late fee; late inactive $150 + $150 late fee; you have one year to renew late, after which the license lapses. PSI bulletin: exam $75 per attempt; fingerprints $61.25 ($46.25 OSP + $15 PSI) at the exam site. If you test remotely, confirm the current fingerprint fee with PSI. The REA pages list no separate recovery-fund fee.

• !

  Starting the 150 hours before the eLicense $300 application

  The school cannot notify PSI without an Applicant ID, and the $300 is nonrefundable. Apply first.

• !

  Calling it a salesperson license, or submitting a Washington 90-hour course as the seven named Oregon courses

  Per the REA, broker is the entry-level license. OAR 863-022-0010 names seven specific courses, and a general 90-hour course will not count.

• !

  Focusing on 60 of 80 national items and neglecting the 50-item Oregon section

  You need 75% on both sections. The state section is 50 items in 90 minutes and covers disclosed limited agency, water rights, ORS 92, and construction liens.

• !

  Passing one section and waiting more than 12 months

  You will have to take both again. Scores and fingerprint clearance are each valid for one year, and the Agency cannot issue a license on an expired score or expired fingerprints.

• !

  Skipping the managing principal broker's eLicense step, or trying to hold two license types

  Your license is not issued until your managing principal broker adds it. One license at a time. Inactive status means no professional real estate activity.

• !

  Treating first renewal as 30 generic elective hours

  A first active renewal on or after January 1, 2026 requires Fair Housing 2 + LARRC + Broker Advanced Practices (26 or 27), plus the proficiency assessment inside the AP final. Later renewals replace AP with electives to reach 30 and still require Fair Housing + LARRC.

• !

  Mailing the Agency at 530 Center Street because the PSI bulletin still prints it

  The Agency moved in September 2025 to 775 Summer St NE, Suite 330 (State Lands Building). Use the address on the REA website.

• !

  Carrying extra CE hours into the next cycle, or not keeping certificates

  Extra hours do not carry over. Keep certificates 3 years from the renewal date. An eLicense entry does not replace the paper certificate in an audit.

• !

  Calling Pearson, or taking Idaho's scaled-70 exam, for an Oregon score

  Oregon real estate exams are given by PSI under bulletin 3376, with a 75% passing score. An Idaho Pearson score will not transfer to eLicense.

• !

  Dismissing Oregon water rights, tenancy by the entirety, or disclosed limited agency as trivia

  They are tested state topics, and prep for salesperson-title states will not cover them.

The REA Broker Licensing page does not list reciprocity partner states. Out-of-state licensees who want a principal broker license follow the out-of-state path on the REA Principal Broker Licensing page: certified license history, the 150-hour broker pre-license course of study, 40-hour BASS, the PSI principal broker exam, and fingerprints. The seven named Oregon courses are not waived for the entry broker license just because another state issued a salesperson certificate. Check the REA website for any education-waiver option rather than assuming a Washington or Idaho waiver applies.

Oregon vs neighboring states

Hours are the pre-license total printed in each guide; states that count credits or named courses show “See guide.” Published state fees add the application, exam, initial-license, and fingerprint amounts the guide can cite — tuition is not included.

Does Oregon issue a salesperson license?

No. According to the REA Broker Licensing page, a broker license is the entry-level license in Oregon. You practice under a managing principal broker. You can hold one license at a time (broker, principal broker, or property manager).

How many prelicense hours, and what are the named courses?

One hundred fifty clock-hours in seven named courses under OAR 863-022-0010: Real Estate Law 30, Oregon Real Estate Practice 30, Real Estate Finance 30, Contracts 15, Agency Law 15, Property Management 10, Real Estate Brokerage 20. At private career schools you need 75% on each course final; on the college path, a C or equivalent. Source: the REA Broker Licensing page and the rule itself.

Do I start class before I apply?

No. Per the REA Broker Licensing page, apply in eLicense and pay $300 first, receive an Applicant ID, and give that ID to the school. The school cannot notify PSI without it.

What is the exam like?

PSI charges $75. National is 80 items in 150 minutes and Oregon is 50 items in 90 minutes, and you need 75% on each (bulletin 3376 table). A passed section stays valid for 12 months. Scores are good for one year. The 5–10 experimental items count against your time.

How much are fingerprints?

The REA background-check page says you pay PSI and should contact PSI for current fees. Bulletin 3376 lists $61.25 at the exam site ($46.25 OSP + $15 PSI). In-person testers print after they pass. Clearance is good for one year.

When do I renew, and what CE applies in 2026?

In your birth month. The first period is 13–24 months, then 24. REA renewal page: $300 active / $150 inactive. Per the REA CE page and HB 3137 announcement (January 1, 2026), your first active renewal requires a 2-hour Fair Housing course + 2- or 3-hour Law and Rule Required Course (LARRC) + 26- or 27-hour Broker Advanced Practices (a 3-hour LARRC and 27-hour AP completed before January 1, 2026 still count; add Fair Housing). Later active renewals: Fair Housing + LARRC + electives to reach 30. Inactive renewal requires no CE. Keep certificates 3 years. Extra hours do not carry over.

Is there a recovery fund fee?

Not on the REA Broker Licensing page, the renewal page, or the PSI bulletin. The $300 and $150 fees are the only license fees those sources list.

Can I hold a broker license and a property-manager license together?

No. Per the REA, you can hold one real estate license at a time.

Does a Washington 90-hour course or Idaho Module 1+2 count?

Not as the seven named Oregon courses. Apply in eLicense, take the 150 hours, and pass the Oregon exam. Out-of-state principal broker applicants take the 150 plus the 40-hour BASS (REA Principal Broker page).

Where is the Agency? The PSI bulletin says 530 Center Street.

According to the REA website and its September 2025 move notice, the Agency is at 775 Summer St NE, Suite 330, Salem (State Lands Building). The PSI bulletin still prints the old address, 530 Center Street NE, Suite 100. Phone (503) 378-4170. Email [email protected].

What is disclosed limited agency?

A tested Oregon agency topic (part of the 5 agency items on the 50-item state exam). It is not a NAR dual-agency form from another state. Affirmative duties and agency-relationship disclosure are tested in the same section.

What is the first-renewal assessment?

Under HB 3137, licensees pass an assessment of license proficiency before their first active renewal; it is built into the Advanced Practices course finals. Broker AP (OAR 863-022-0020) must show the ability to identify client-risk issues, select contract provisions that reflect the client's objectives, and identify effective communication protocols. Starting July 1, 2026, the assessments must include the specific OAR components.