Oregon Principal Brokers to be Required to have a High School Diploma

On Broker, Principal Broker, and Property Manager License applications received by the OREA on or after January 1, 2010, applicants must certify that they have a high school diploma or a General Education Development (GED) Certificate. This applies not only to new licensees but also to current broker licensees who want to become licensed as Principal Brokers. In turn, any broker wanting to become a Principal broker after December 31 st., 2010 will have to take and pass a new, additional, state exam to obtain their new license. For those wishing to become Principal Brokers, now is the time to obtain the Principal Brokers license before the new laws go into effect.

New CE Rules for Washington and Oregon Brokers

The new Continuing Education rules will limit the sharing of CE credits for a broker licensed in Oregon and Washington. If the Oregon Broker takes any Washington CE courses after January 1, 2011 the Washington course provider must also be an OREA CE certified provider. The course must also be pre-approved by the Agency and meet core credit requirements. CE taken before next year and approved by a principal broker will still be accepted for credit.

New Continuing Education Rules

There has been some confusion about the new regulations relating to Real Estate Continuing Education. To simplify, all CE approved by your Principal Broker prior to December 31, 2010, can count towards your license renewal even if you renew in 2012. For example, any CE taken before the end of 2010 could count towards your renewal even if you were renewing in June of 2012. Any courses taken after December 31, 2010 must meet the new OREA standards. The new regulations state that only Core CE registered with the OREA and delivered by an OREA Certified Continuing Education Provider will count towards license renewal. A licensee will no longer have to receive the approval of their Principal Broker before taking a class. As of January 1, 2011, licensees must keep track of their own CE hours and report them to the OREA.

New OREA Licensing and CE Rules

The OREA has produced a PowerPoint presentation relating to the new Licensing and Continuing Education rules. This relates to who is going to be qualified to offer CE, Advanced Practices, Principal Broker and the new Law and Rules Update courses. There is also a major change on who is responsible for keeping track of licensee's hours. See it all here

http://www.rea.state.or.us/REA/docs/CE_presentation.pdf

Real Estate Live Instruction Classes

If you are interested in attending pre-license or continuing education real estate classes contact Hallmark Real Estate School in Klamath Falls, Superior Schools/Pro-studies in Bend, or Careers Real Estate School in Eugene.

Great resource for marketing direction

The NAR has recently published their profile of home buyers and sellers. In it are a number of items of interest to agents interested in defining where they would like to take their business. Here are three excerpts showing preferences according to age, gender and location along with medial household income.

Help us help you

We are constantly updating our course material and questions to cover the latest state required topics. If you have recently taken a state exam and found your course didn't cover certain questions please let us know. We want to be sure we have the most complete course for our students. Our student first time pass rate in many cases is the highest of most of the other course providers and we wish to keep it that way.