Oklahoma Real Estate License Overview
Oklahoma offers excellent opportunities for real estate professionals with its growing metropolitan areas of Oklahoma City and Tulsa, affordable housing markets, and thriving energy sector. The Oklahoma Real Estate Commission (OREC) oversees all licensing requirements and partners with Pearson VUE to administer the state licensing exam. With a 70% first-time pass rate for salesperson candidates, proper preparation is essential.
Oklahoma Real Estate Exam Quick Facts
| Feature | Details |
|---|---|
| Exam Administrator | Pearson VUE |
| Total Questions | 135 (85 national + 50 state) |
| Scored Questions | 120 (80 national + 40 state) |
| Pretest Questions | 15 (5 national + 10 state) unscored |
| Time Limit | 180 minutes (3 hours) |
| Passing Score | 75% on each portion |
| Exam Fee | $75 per portion ($150 total, discounts available) |
| Results | Immediate (displayed on screen) |
| Testing Options | In-person or remote proctored online |
Requirements Before Taking the Exam
Education Requirements
| Requirement | Details |
|---|---|
| Age | 18 years or older |
| Pre-License Education | 90 hours of OREC-approved coursework |
| Course Validity | 3 years from completion to obtain license |
| High School Diploma | Required (or equivalent) |
Pre-License Course Content (90 Hours)
The required 90-hour pre-license course covers:
- Real estate law and principles
- Property ownership and land use
- Contracts and agency relationships
- Oklahoma Broker Relationship Act
- Real estate finance and valuation
- Oklahoma-specific regulations and forms
Application Process
- Complete 90-hour pre-license course from OREC-approved school
- Submit application to OREC with $35 application fee
- Complete background check through IdentoGO ($60 processing fee)
- Receive authorization to test from OREC
- Schedule exam with Pearson VUE (online or at test center)
- Pay exam fee ($75 per portion or discounted bundle)
- You have one year from application to pass both portions
Oklahoma Exam Format
The Oklahoma real estate exam consists of two distinct portions administered by Pearson VUE. You must pass both portions with a 75% score.
Content Breakdown
| Portion | Scored Questions | Pretest Questions | Passing Score |
|---|---|---|---|
| National | 80 | 5 | 75% (60/80) |
| State | 40 | 10 | 75% (30/40) |
| Total | 120 | 15 | 75% each portion |
Important: You can take both portions on the same day or schedule them separately. Pearson VUE offers a "2 for 1" discount when you schedule both exams on the same order.
National Portion Topics (80 Questions)
| Topic | Key Points |
|---|---|
| Property Ownership | Types of ownership, estates, bundle of rights |
| Land Use Controls | Zoning, building codes, environmental regulations |
| Valuation & Market Analysis | Appraisal approaches, CMA, market conditions |
| Financing | Mortgage types, loan calculations, TILA, RESPA |
| Laws of Agency | Agency relationships, fiduciary duties |
| Contracts | Elements, types, contingencies, performance |
| Transfer of Title | Deeds, title insurance, recording procedures |
| Practice of Real Estate | Brokerage operations, ethical standards |
| Real Estate Calculations | Commission, prorations, area, investment |
State Portion Topics (40 Questions)
| Topic | Key Points |
|---|---|
| OREC Regulations | Commission authority, licensing requirements |
| Broker Relationship Act (BRA) | Oklahoma agency disclosure requirements |
| Property Disclosure | Residential Property Condition Disclosure Act |
| Oklahoma Contract Forms | OREC-approved contracts and addenda |
| Trust Account Management | Escrow handling, record keeping |
| Advertising Rules | Compliance with OK advertising regulations |
| Broker-Associate Relationships | Supervision requirements, responsibilities |
| Disciplinary Actions | Violations, penalties, license revocation |
Oklahoma-Specific Topics
Oklahoma Broker Relationship Act (BRA)
The BRA is heavily tested and defines agency relationships in Oklahoma:
| Relationship Type | Description |
|---|---|
| Single-Party Broker | Represents only buyer OR seller |
| Transaction Broker | Assists both parties without representing either |
| Dual Agency | Represents both parties with written consent |
Key BRA Requirements:
- Written disclosure required before providing services
- Must explain broker's role and duties clearly
- Consumer must acknowledge receipt of disclosure
Oklahoma Residential Property Condition Disclosure Act
| Aspect | Requirement |
|---|---|
| When Required | Seller represented by realtor, or buyer requests |
| Timing | Before seller signs written contract |
| Options | Disclosure Statement OR Disclaimer Statement |
| Disclosure Form | OREC-published standard form |
| Lead Paint | Required for pre-1978 homes |
What Must Be Disclosed:
- Water and sewer systems
- Heating, air conditioning, and HVAC ducts
- Structural systems (roof, walls, foundation)
- Plumbing and electrical systems
- Flood zone status and water damage history
- HOA or condominium association membership
- Age of roof
Disclaimer vs. Disclosure Statement:
- Disclaimer Statement: Seller has never occupied property, makes no disclosures
- Disclosure Statement: Identifies items, working order status, known defects
Oklahoma Contract Forms
Familiarize yourself with OREC-approved contracts:
- Residential Sales Contract
- Commercial Contract
- Vacant Land Contract
- Lease Purchase Agreement
- Various required addenda
Psychologically Impacted Properties
Oklahoma law does not require disclosure of:
- Deaths on the property (natural, suicide, violent crime)
- Crimes that occurred on the property
- Other "non-material" psychological factors
However, if a buyer submits a written request, the seller must disclose known non-material facts.
Oklahoma Exam Pass Rate
The Oklahoma real estate exam has competitive pass rates:
| Candidate Type | First-Attempt Pass Rate |
|---|---|
| Salesperson (Sales Associate) | ~70% |
| Broker | ~75% |
Why Candidates Fail
| Factor | Impact |
|---|---|
| Oklahoma-specific laws | BRA and disclosure requirements heavily tested |
| 75% passing score | Higher than some states (70%) |
| Contract knowledge | Must know OREC-specific forms |
| Math calculations | Significant portion of national exam |
Study Strategy
Recommended Study Time
| Approach | Hours | Timeline |
|---|---|---|
| Intensive | 40-50 | 2-3 weeks |
| Standard | 50-70 | 3-4 weeks |
| Part-time | 70-100 | 5-6 weeks |
After completing the 90-hour pre-license course.
Study Priority by Weight
-
National Portion (80 questions) - Largest section
- Property ownership and transfer
- Contracts and agency
- Financing and valuation
- Real estate calculations
-
State Portion (40 questions) - Oklahoma-specific
- Broker Relationship Act (critical)
- Property Condition Disclosure Act
- OREC regulations and licensing
- Oklahoma contract forms
Key Math Formulas
Commission Calculations:
Prorations (365-day year):
Property Tax:
Loan-to-Value:
Capitalization Rate:
Common Mistakes to Avoid
1. Underestimating the Broker Relationship Act
The BRA is heavily tested on the state portion. Know:
- All three relationship types
- Disclosure requirements and timing
- Duties owed under each relationship
2. Confusing Disclosure vs. Disclaimer
Understand the difference:
- Disclosure: Seller identifies known defects
- Disclaimer: Seller makes no representations (never occupied)
3. Weak Math Skills
Math questions make up a significant portion of the national exam. Practice daily:
- Commission calculations
- Prorations
- Area calculations
- Investment analysis
4. Poor Time Management
- 135 questions in 180 minutes = ~1.3 minutes per question
- Don't spend too long on difficult questions
- Flag challenging questions and return later
Exam Day Tips
Before the Exam
- Get adequate rest the night before
- Eat a balanced meal
- Arrive 30 minutes early (in-person) or 15 minutes (online)
- Bring two forms of ID (one government-issued with photo)
Testing Options
| Option | Details |
|---|---|
| In-Person | Pearson VUE test centers in Oklahoma |
| Remote Proctored | Online from home with webcam monitoring |
| Computer Requirements | Must pass compatibility check 24 hours before |
During the Exam
- Read every question completely
- Watch for "EXCEPT" and "NOT" questions
- Show your math work on provided scratch paper
- Trust your first instinct
- Use all available time to review
Retake Policy
| Scenario | Policy |
|---|---|
| Fail One Portion | May retake failed portion only |
| Time Limit | Must pass both portions within 1 year of application |
| Retake Fee | $75 per portion |
| Scheduling | Can schedule immediately after failing |
After Passing
Immediate Steps
- Receive results on screen at testing center or online
- Print score report for your records
- Apply for license activation through OREC
- Associate with a broker (required to practice)
- Pay license fee ($165 active sales associate)
Continuing Education Requirements
| Requirement | Details |
|---|---|
| License Term | 3 years |
| CE Hours | 21 hours per 3-year term |
| Required Topics | 6 hours minimum in specific subjects |
Required CE Topics (1 Hour Each)
| Topic Code | Subject |
|---|---|
| BRA | Broker Relationship Act |
| CAR | Code and Rules |
| CON | Contracts and Forms |
| FHR | Fair Housing |
| HOT | Hot Topic (current issues) |
| PSC | Professional Conduct |
The remaining 15 hours may be elective courses or the 15-hour Broker In Charge course.
License Renewal Fees
| License Type | Active Fee | Inactive Fee |
|---|---|---|
| Sales Associate | $165 | $90 |
| Broker Associate | $225 | $90 |
| Broker Manager/Proprietor | $225 | $90 |
Broker In Charge Requirement
Any broker who holds or has held a Broker Manager (BM), Proprietor Broker (BP), or Branch Broker (BB) license during their license term must complete the 15-hour Broker In Charge course.
Oklahoma Real Estate Career Outlook
Salary Expectations
| Experience | Annual Income |
|---|---|
| First year | $35,000-$50,000 |
| 2-5 years | $50,000-$80,000 |
| 5+ years | $80,000-$120,000+ |
| Top producers | $150,000+ |
Hot Oklahoma Markets (2026)
- Oklahoma City - State capital, major metro growth
- Tulsa - Second-largest city, diverse economy
- Norman - University of Oklahoma, steady demand
- Edmond - Upscale suburban market
- Broken Arrow - Fast-growing Tulsa suburb
- Moore - Affordable suburban market
Market Opportunities
| Sector | Opportunity |
|---|---|
| Energy Sector | Oil and gas industry employment |
| Affordable Housing | Lower prices attract relocations |
| Commercial | Growing retail and office needs |
| New Construction | Suburban development active |
| Investment Properties | Strong rental market |
Total Costs to Get Licensed
| Item | Cost |
|---|---|
| Pre-license education (90 hours) | $300-$600 |
| Application fee (OREC) | $35 |
| Background check (IdentoGO) | $60 |
| Exam fee (both portions) | $100-$150 |
| License activation fee | $165 |
| Total Estimated | $660-$1,010 |
Resources
- OREC - oklahoma.gov/orec - Official licensing information
- Pearson VUE - pearsonvue.com/ok/realestate - Exam scheduling
- OREC Hotline - 877-659-3843 - Direct Pearson VUE support
- Oklahoma Association of Realtors - Industry resources
- OpenExamPrep - Free study materials and practice questions
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