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Free OR RE Broker Exam Prep

Oregon Real Estate Broker Licensing Exam

Pass your OR RE Broker exam without spending hundreds on expensive prep courses. Free study guides, practice questions, and AI-powered learning.

Your Study Path

Oregon Real Estate License: Complete Roadmap

Follow this path to maximize your chances of passing on the first try

1

Study Oregon License Law & OREA RegulationsYou are here

Learn OREA structure and powers under ORS Chapter 696, 150-hour pre-license requirement, broker vs principal broker vs property manager license types, HB 3137 Managing Principal Broker and team rules, license application, principal broker affiliation (within 1 year), biennial renewal, 30 hours CE, advertising rules, disciplinary sanctions, and OREA investigation process.

20
hours
2

Master Oregon Agency & Disclosure Requirements

Study Disclosed Limited Agency (ORS 696.815) — Oregon's replacement for traditional dual agency; agency relationship types, disclosure timing and form requirements, seller's property disclosure under ORS 105.464 ('actual knowledge' standard), disclosure exceptions, material fact duties, stigmatized property rules, and team advertising requirements (HB 3137).

15
hours
3

Learn Oregon Trust Accounts & Transaction Practices

Master trust account requirements under ORS 696.241: 5-business-day deposit rule, monthly reconciliation, 6-year record retention, one trust account per principal broker rule. Study purchase agreements, listing agreements, earnest money handling, escrow procedures, closing, RESPA/TRID compliance, 1031 exchanges, and Oregon-specific contract clauses.

12
hours
4

Study Oregon State-Specific Property Topics

Cover Oregon's land use planning system (SB 100, 19 statewide goals, Urban Growth Boundaries, EFU zoning), SB 608 statewide rent control (7% + CPI, 15-year exemption, just-cause eviction), Oregon landlord-tenant law (ORS Chapter 90), timeshare regulations, condominiums, property tax (Measure 50), water rights, and homestead exemption.

15
hours
5

Review National Real Estate Principles

Cover property ownership, contracts, financing, valuation (3 approaches), fair housing (7 protected classes), agency law, RESPA/TRID, closing procedures, and federal regulations. The national portion is 80 questions (105 min).

20
hours
6

Run Timed Practice Sets

Simulate the exam with full 130-question practice sets. Target 75%+ on both national (80Q) and state (50Q) portions independently.

15
hours
Estimated total study time
97 hours
That's about 10 weeks at 10 hours/week

Can You Take the OR RE Broker Exam?

Check if you meet the basic eligibility requirements

Age
At least 18 years old
Education
150 hours of OREA-approved pre-license education; high school diploma or equivalent
Background Check
Background check required as part of license application
Fingerprinting
Fingerprinting required as part of the licensing process
Additional Requirements
  • Must affiliate with a Principal Broker within 1 year of receiving inactive broker license
  • Brokers cannot practice independently — must be affiliated with a Principal Broker
  • Exam must be passed before license application can be submitted to OREA
  • License renewed biennially with 30 hours of OREA-approved CE
  • HB 3137 (effective Jan 1, 2026): Managing Principal Broker designation for broker team supervisors
  • Disclosed Limited Agency requires written consent of both buyer and seller before proceeding
  • Oregon does not use 'Salesperson' title — entry-level licensees are called 'Brokers'

OR RE Broker Quick Facts

Time to Get Licensed

8-12 weeks for most candidates (150-hour pre-license course required)

From start to license in hand

Exam Provider

PSI

In-Person Only
Schedule Your Exam

Retake Policy

Candidates who fail one section may retake only the failed section. Each retake requires a new registration and fee payment through PSI.

Total Cost Breakdown

Exam Fee$75 PSI exam fee per attempt
Application FeeOREA license application fee
Total Estimated Cost~$250-450 total (exam + fingerprinting + application + OREA fees), before pre-license course tuition (~$500-1,000)
Why Choose Us

Free OR RE Broker Prep That Actually Works

The official pass rate is ~60% estimated first-time pass rate (OREA/PSI 2024-2025). Our students do better.

200+ Practice Questions

More free questions than most paid courses

AI Tutor Explains Mistakes

Understand why answers are wrong, not just which ones

Updated for 2026

Content reflects latest exam changes

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What You'll Study

4 chapters covering everything you need to pass

OR RE Broker-Specific Topics Covered

Oregon Real Estate Agency (OREA) governs real estate licensing under ORS Chapter 696 and OAR Chapter 863Oregon uses 'Broker' (not 'Salesperson') as the entry-level license; 'Principal Broker' is the supervisory level150 hours of OREA-approved pre-license education required before sitting for the examBrokers must affiliate with a Principal Broker within 1 year of receiving their inactive broker licenseHB 3137 (effective January 1, 2026): new Managing Principal Broker designation, Timeshare Sales Agent license, team advertising rulesDisclosed Limited Agency (ORS 696.815): Oregon's framework for same-brokerage transactions — requires written consent of both buyer and sellerTrust accounts (ORS 696.241): 5-business-day deposit rule, monthly reconciliation, 6-year record retention requiredSeller's Property Disclosure (ORS 105.464–105.475): 'actual knowledge' standard; exempt transactions include foreclosures, auctions, estate salesLicense renewed biennially; 30 hours of OREA-approved CE required each renewal periodOregon's land use planning system (SB 100, 1973): 19 statewide planning goals, Urban Growth Boundaries (UGBs) limit urban sprawl, EFU zoning protects farmlandSB 608 (2019) statewide rent control: maximum annual increase of 7% + CPI; exempts buildings less than 15 years old; requires 'just cause' for termination of established tenanciesOregon landlord-tenant law (ORS Chapter 90): written rental agreements, security deposit limits, notice requirements for entry (24 hours), and termination proceduresPrincipal Broker may maintain one trust account; all earnest money and client funds must be deposited within 5 business days of acceptanceAdvertising rules require that all advertising clearly disclose the brokerage nameProhibited acts under ORS 696.301 include commingling, misrepresentation, undisclosed agency, and engaging in unlicensed activityOregon Homestead exemption protects primary residence equity from certain creditorsMeasure 50 (1997): limits assessed value increases to 3% per year (except for new construction or improvements)Oregon water rights: prior appropriation doctrine for rivers/streams; public ownership of navigable waterways
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OR RE Broker Exam Details

Oregon Real Estate Broker Licensing Exam

Administered by Oregon Real Estate Agency (OREA) / PSI

Official Source
75% on each section (national and state)
Passing Score
130
Questions
3
Hours
$75 exam fee
Exam Fee
Study time: 80-120 hours
Prerequisites: Complete 150-hour OREA-approved pre-license education; minimum age 18

Exam Content Breakdown

Based on the official Oregon Real Estate Agency (OREA) / PSI content outline

Oregon License Law & OREA30%

OREA structure and powers (ORS Ch. 696), 150-hr pre-license, broker vs principal broker license types, Managing Principal Broker (HB 3137), principal broker affiliation within 1 year, biennial renewal, 30 hrs CE, advertising rules, disciplinary sanctions

Oregon Agency & Disclosures28%

Disclosed Limited Agency (ORS 696.815), agency disclosure timing, seller's property disclosure (ORS 105.464, 'actual knowledge' standard), disclosure exceptions, material facts, stigmatized property, team advertising (HB 3137)

Trust Accounts & Transactions22%

Trust accounts (ORS 696.241): 5-business-day deposit, monthly reconciliation, 6-year records; earnest money, purchase agreements, listing agreements, escrow, closing, RESPA/TRID

Oregon Property Law & Special Topics20%

Land use planning (SB 100, Urban Growth Boundaries, EFU zoning), SB 608 rent control (7%+CPI, 15-year exemption), landlord-tenant (ORS Ch. 90), timeshare (HB 3137), condominiums, property tax (Measure 50), fair housing

What's Included

4 Chapters

Complete exam coverage

Practice Quizzes

With detailed explanations

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What's Next After the OR RE Broker?

After passing the OR RE Broker, you can pursue these career paths

OR RE Broker Exam FAQ

Official Oregon Real Estate Agency (OREA) / PSI Resources

Verify information with these official sources

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