Obtaining a Provisional Sales Associate License - PSA:
- PSA is an entry level license that must be supervised by a broker
- PSA cannot enter into contracts with clients independently, but must be under the supervision of a broker
- Be 18 years of age or older
- Of good moral character
- Education Requirements:
- Part I:
- Part II:
- Additional 45 hours classroom/online OREC approved course
- Must be courses approved by the OREC
- Required during the first year of being a licensed PSA
- Once Part II education and 1 year license term has been completed, a Sales Associate (SA) license will be issued
- Fees and forms required for SA license
Obtaining a Sales Associate License – SA:
- SA is the same as a PSA EXCEPT:
- Change in Part II education requirement
- 3 year renewable license, instead of a 1 year PSA license
- SA must be supervised by a broker
- SA cannot enter into contracts with clients independently, but must be under the supervision of a broker
- Be 18 years of age or older
- Of good moral character
- Education Requirements:
- Part I:
- 45 hours classroom/online OREC approved course
- Pass required state examination
- Part II:
- Additional 21 hours classroom/online OREC approved course
- Must be courses approved by the OREC
- Required during every renewal period of being a licensed SA
Obtaining a Broker’s License:
- Broker may do business as a firm
- Broker may support and monitor PSA’s, SA’s, and Broker Associates
- Be of good moral character
- Have been an active licensed PSA or SA 2 of the last 5 years
- Experience requirement may be waived by the OREC
- Commission will verify the waiver after reviewing required documentation
- Education Requirement:
- 75 hours classroom/online course in advanced real estate instruction
- Education requirement will never be waived
- Pass State Examination
- Show proof of completion of basic education, continuing education, and advanced instruction
- Apply for a license as a broker associate, proprietor broker, managing broker for a corporation or association, or as a broker partner of a partnership
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