In Oregon, there are two types of real estate broker licenses: broker and principal broker. The Oregon Real Estate Agency (OREA) has different requirements for both, with the main differences being the amount of training and work experience needed.
OREA describes an Oregon broker license as entry-level. If you want to start a career in real estate and don't mind supervision from a principal broker, this is the choice for you.
To become licensed, broker applicants must:
Principal Brokers in Oregon can conduct real estate activity individually with no supervision and can also supervise brokers, property managers, and other principal brokers. Becoming a principal broker requires more work experience and training.
To become licensed, principal broker applicants must:
For both license types, you will receive your license after:
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