| Requirement | Oregon |
|---|---|
| Pre-license education | 150 hours |
| Exam administrator | PSI |
| License / application fee | n/a |
| Exam fee | n/a |
| Regulator | Oregon Real Estate Agency (OREA) |
| Payroll-employed agents (BLS) | 1,940 |
| Agent median pay (BLS May 2025) | $61,610 |
Licensing & state law
How to become a real estate agent in Oregon
To get an Oregon real estate salesperson license you complete 150 hours of state-approved pre-license education, pass the PSI-administered exam, clear a background check and affiliate with a sponsoring broker. The Oregon Real Estate Agency (OREA) sets the rules and issues the license.
What are the requirements for a Oregon real estate license?
Oregon requires 150 hours of approved pre-license education, a passing score on the PSI salesperson exam, a background check and sponsorship by a licensed broker. The table lists each requirement, the published fees WealthyBud could source and the regulator.
What are the steps to get licensed in Oregon?
Getting licensed in Oregon takes six steps: meet eligibility, finish 150 hours of pre-license education, pass the PSI exam, clear a background check, affiliate with a sponsoring broker, then apply and activate with the Oregon Real Estate Agency (OREA).
1/ 6
Meet the basic eligibility
Be at least 18 and hold a high-school diploma or equivalent; the Oregon Real Estate Agency (OREA) lists any residency or other conditions.
2/ 6
Complete 150 hours of pre-license education
Oregon requires 150 hours from a state-approved real estate school, in a classroom or online.
3/ 6
Pass the Oregon salesperson exam
The exam is administered by PSI and covers national real estate principles plus Oregon law.
4/ 6
Clear the background check
Submit fingerprints or a criminal-history check as required by the Oregon Real Estate Agency (OREA).
5/ 6
Affiliate with a sponsoring broker
A new Oregon salesperson must work under a licensed broker before practicing.
6/ 6
Apply and activate the license
File the application and pay the license fee to the Oregon Real Estate Agency (OREA), then activate under your broker.
How much does an Oregon real estate license cost?
Oregon's published costs in WealthyBud's sources are: license fee: n/a (not published in our sources); exam fee: n/a. Pre-license course tuition is set by each school and is not regulated, so it is not listed. Confirm every fee with the Oregon Real Estate Agency (OREA) before applying.
How much do licensed agents earn in Oregon?
Payroll-employed real estate sales agents in Oregon earned a median of $61,610 in May 2025 (BLS); the bottom 10% earned under $37,100. See the full Oregon agent salary breakdown.
What are Oregon’s housing markets like for new agents?
WealthyBud tracks 20 Oregon housing markets. Their median listing prices have a midpoint of $521,000 as of September 2026, from $344,450 in Hermiston to $762,000 in Hood River; 12 of 20 are below last year's asking price.
| Market | Median list price | YoY | Days on market | Active listings |
|---|---|---|---|---|
| Portland, OR | $587,750 | -1.9% | 66 | 8,984 |
| Bend, OR | $699,900 | -4.9% | 86 | 2,646 |
| Salem, OR | $517,000 | -2.3% | 65 | 1,533 |
| Medford, OR | $531,750 | -3.1% | 70 | 1,211 |
| Eugene, OR | $525,000 | +1.6% | 63 | 1,034 |
All tracked markets: Oregon housing market hub.
Oregon real estate license FAQ
How many hours of education do you need for a real estate license in Oregon?
Oregon requires 150 hours of state-approved pre-license education before the salesperson exam, according to WealthyBud's compilation of Oregon Real Estate Agency (OREA) requirements.
How much does an Oregon real estate license cost?
Published fees in WealthyBud's sources: license fee: n/a (not published in our sources); exam fee: n/a. Course tuition varies by school. The Oregon Real Estate Agency (OREA) publishes the current fee schedule.
Who administers the Oregon real estate exam?
PSI administers the Oregon salesperson exam.
Do you need a college degree to get a real estate license in Oregon?
No. Oregon requires pre-license education and a passing exam score, not a college degree. You must generally be 18 with a high-school diploma or equivalent.
Who regulates real estate agents in Oregon?
The Oregon Real Estate Agency (OREA) licenses and regulates Oregon real estate salespersons and brokers and is the authoritative source for current rules.
Licensing rules and fees change. Always confirm current requirements with the Oregon Real Estate Agency (OREA) before enrolling.