Key Takeaways
- Oregon broker applicants must be at least 18 years old with a high school diploma or GED
- Pre-license education requirement is 150 hours of approved coursework in seven specific courses
- The exam has 130 questions total: 80 national and 50 state-specific questions
- Passing score is 75% on each portion (60/80 national, 38/50 state)
- Exam fee is approximately $75; administered by PSI testing centers
Oregon License Requirements
Oregon has specific requirements for broker and principal broker licenses. Understanding these requirements is essential for the state exam.
Broker License Requirements
1. Age and Legal Requirements
- Be at least 18 years of age
- Have a high school diploma or GED
- No citizenship requirement (must have legal authorization to work)
- Pass a criminal background check
2. Education Requirements
Complete 150 hours of pre-license education from an OREA-approved school:
| Course | Hours |
|---|---|
| Real Estate Law | 30 hours |
| Real Estate Finance | 30 hours |
| Oregon Real Estate Practices | 30 hours |
| Real Estate Contracts | 15 hours |
| Real Estate Agency | 15 hours |
| Real Estate Brokerage | 20 hours |
| Property Management | 10 hours |
| Total | 150 hours |
Note: Only courses completed on or after January 1, 2013, meet current licensing requirements.
3. Examination
| Detail | Broker Exam |
|---|---|
| Total Questions | 130 multiple-choice |
| National Portion | 80 questions |
| State Portion | 50 questions |
| Time Limit | 150 min national, 90 min state |
| Passing Score | 75% on each portion |
| Exam Provider | PSI |
| Exam Fee | Approximately $75 |
4. Background Check
All applicants must submit to a fingerprint-based criminal background check:
- Fingerprints submitted through approved vendor
- FBI and state criminal history review
- OREA reviews results for suitability
- Background check clearance good for 1 year
Principal Broker License Requirements
To become an Oregon principal broker, you must meet additional requirements:
Experience Requirement
Three years of active experience as a licensed broker within the preceding 5 years, OR substantial equivalent experience approved by OREA.
Education Requirements
Complete 60 additional hours of principal broker education:
| Requirement | Hours |
|---|---|
| Original broker education | 150 hours |
| Additional principal broker courses | 60 hours |
| Total | 210 hours |
Principal Broker Examination
| Detail | Principal Broker Exam |
|---|---|
| Total Questions | 130 |
| National Portion | 80 questions |
| State Portion | 50 questions |
| Passing Score | 75% on each portion |
License Fees
| Fee Type | Amount |
|---|---|
| Application fee | $300 (broker), $300 (principal broker) |
| Exam fee | $75 |
| License fee | Included in application |
| Fingerprint fee | Varies by vendor |
Application Process
- Complete education at OREA-approved school
- Submit fingerprints for background check
- Receive background check clearance
- Schedule and pass exam at PSI testing center
- Submit license application through eLicensing portal
- Find sponsoring principal broker (brokers must affiliate)
- Receive license upon approval
How many hours of pre-license education are required for an Oregon broker license?
What is the passing score for the Oregon real estate broker exam?
How long is a passing exam score valid in Oregon?