How to Become a Real Estate Agent in Portland
Do you want to become a real estate agent in the city of Portland, Oregon? First you will need to acquire your real estate license. Mbition is an approved online real estate education resource that provides you with everything you need to acquire your license and prepare for a successful career in real estate in Portland.
Requirements for Portland real estate license
Every state has varying requirements for those who wish to acquire a real estate license. Below is a summary of the general requirements and steps necessary to become a real estate agent in Portland. While this information is useful as a general guide, it is always a good idea to check directly with the Oregon Real Estate Commission for any changes.
The general requirements for those who are wondering how to become a real estate agent in Portland are as follows:
- Applicants must be at least 18 years of age
- Have a highschool diploma, GED, or international equivalent
If you meet these initial requirements then you can begin the Portland real estate license process.
Steps Required to Obtain a Real Estate License in Portland
There are seven steps you must complete in the Portland real estate licensing process. The process is managed by the Oregon Real Estate Agency. The Oregon Real Estate Commission issues all prospective real estate agents a broker pre-license upon completion of these six steps. A broker pre-license allows individuals to practice real estate under the professional guidance of a principal broker. There are additional education credits required for those who wish to advance from a pre-broker to a principal broker.
Step 1: Register for a real estate license account in eLicense, the Agency's online license management system.
Step 2: Apply for a pre-broker license through the eLicense portal. When submitting your application, you must also pay a non-refundable $300 application fee. Once your application is processed, you will receive an Applicant ID number via email.
Step 3: Complete the required 150 hours of pre-license education through an Agency approved real estate license school. Mbition is approved by the Agency to offer all 150 required hours of Portland real estate licensing education credits. On the Mbition database, you will find everything you need to complete these education credits. Arranged in convenient educational packages, one purchase provides you with all the required classes: Oregon Real Estate Pre-License Property Management; Oregon Real Estate Pre-License Practice; Oregon Real Estate Pre-License Finance; Oregon Real Estate Pre-License Law; Oregon Real Estate Pre-License Contracts; Oregon Real Estate Pre-License Brokerage. In addition to these classes, you will also be provided with test prep materials like a national test review, test taking tips, and real estate flashcards. In addition to this basic package, there are two other Mbition Portland real estate license packages to choose from that offer additional exam prep and study materials for the most dedicated students. Each package comes with instructor support from industry experts as well as technical and software support available 24/7 through live chat, email, or phone. The courses offered by Mbition are approved by the state of Oregon and are focused on the real estate industry’s best practices and latest techniques. With Mbition, you can both satisfy your educational requirements and prepare yourself for a long, successful career.
Step 4: After you have completed your educational requirements with Mbition, it is time to put your Portland real estate knowledge to the test! All applicants must schedule and pay for their license exam online or at (833) 892-5441 with Psychological Services, Inc. (PSI), the testing service provider.
Step 5: Prepare for your exam. The real estate exam is no joke - applicants should spend a good amount of time studying and preparing. Mbition provides various study materials for applicants. The Oregon Master Exam Prep Package provides the following materials: Complete Oregon Real Estate Exam Prep - State and National;Exam Prep Instructions; Real Estate Recorded Review: National; Real Estate Test-Taking Tips: National; and Real Estate Flashcards: National. This unique exam prep package uses adaptive learning technology to help students develop a personalized study plan that targets the areas they need the most help in. With Mbition as your study buddy, a passing score is almost guaranteed!
Step 6: Take your exam on the scheduled day. You must pass both the state and national sections of the exam.
Step 7: Pay for a fingerprinting and background check while at a PSI testing center. Your background check must be approved in order for you to practice real estate in Portland. Passing exam scores and clean background checks are only valid for one year. The Agency can only issue licenses while exam scores and background checks are valid.
Once you have completed all these steps, your license will be issued by the Agency. The Agency issues a license when: your background check is cleared, your principal broker uploads your pending license to the Agency online system, and your final application is reviewed and accepted by the Agency. Once your license has been issued, you will receive an email from the Agency. Congratulations!
Portland Real Estate License State Reciprocity
Real estate boards across the nation are adopting policies to allow real estate agents from one state to easily achieve licensure in other states. States that have real estate “reciprocity” allow licensed agents to practice freely in the reciprocal states without additional licensing requirements. There are five states that have real estate license reciprocity with Oregon: Alabama, Alberta, Georgia, Nebraska and South Dakota. If you currently hold a real estate license with one of these states, then you can practice freely in Portland. If not, you will need to complete the Portland real estate licensure process.
Portland Real Estate License Continuing Education
All real estate professionals in the state of Oregon must renew their license every two years. The deadline for license renewal is the last day of the licensees’ birth month. In order to renew, all licensees must complete 30 hours of continuing education, including the 3 hour Oregon Law and Rule course. Mbition is approved by the Agency to offer licensees continuing education courses. Providing two 30 hour packages of continuing education, Mbition offers everything licensees need for a hassle free license renewal process.
With Mbition, it is easy to obtain your Portland real estate license. Our interactive courses have been designed by industry experts to offer engaging and relevant material. Real estate students that study with Mbition obtain the knowledge they need to both pass their exams and practice a successful career in real estate. We have everything real estate agents need, from pre-licensing courses and continuing education to professional development. With you from the start of your career and onward towards a successful future, Mbition is your trusted online real estate education resource. With 50+ years of service and experience in the real estate industry, we are the industry experts you can count on.
Don’t waste anymore time wondering how to become a real estate agent in Portland. Just logon to Mbition’s real estate education database and you’ll find everything you need to get started.