Oregon Real Estate Exam Info

What is required to get a license?

For brokers:

For principal brokers:

  • Submit a Principal Broker License Application with the required fee by using eLicense, the Agency’s online license management system.
  • Complete the 40-hour Brokerage Administration and Sales Supervision course.
  • Complete 150 hours of required broker prelicense education (if you are not licensed already as a broker in Oregon).
  • Real estate examination successfully completed.
  • Submit certified license history showing three years of active real estate license experience.
  • Completed fingerprint certification and background check.
  • Choose to work under: An existing business (Your principal broker must log into eLicense and add your license to the business), Your licensed name (apply to operate under your own license in eLicense) or a registered business name.
  • Fees: Examination Fees (Principal Broker: $75). License (Principal broker: $230).

What score do I need to pass?

The broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 75% of the questions.

The principal broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 75% of the questions.

You will receive your score immediately after you complete your exam.

How much time do I have to complete the exam?

  • For the broker exam: you are allowed 120 minutes for the national portion and 75 minutes for the state portion, for a total of 195 minutes.

  • For the principal broker exam: you are allowed 120 minutes for the national portion and 75 minutes for the state portion, for a total of 195 minutes.

What should I bring with me for the exam?

  • 1 Form of identification with matching name to your application, non-expired and containing a valid signature, must be photo bearing and government issued (Driver’s license, passport, green card, U.S. social security card, military ID).
  • Basic, silent, non-scientific calculator.

What is the format of the exam?

The exam is given on a computer and is multiple choice.

What is on the exam?

The national portion consists of the following sections:

  • Property Ownership
  • Land Use Controls and Regulations
  • Valuation and Market Analysis
  • Financing
  • General Principles of Agency
  • Property Condition and Disclosures
  • Contracts
  • Transfer of Title
  • Practice of Real Estate
  • Real Estate Calculations
  • Specialty areas

The state-specific portion consists of the following sections:

  • License Law and Disciplinary Measures
  • Handling of Clients’ Funds
  • Agency Law and Rules
  • Regulation of Broker Activities
  • Document Handling and Recordkeeping
  • Property Management
  • Oregon Real Estate Related Statutes

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