OREGON STATE REQUIREMENT DETAILS FOR REAL ESTATE PRINCIPAL BROKER PRE-LICENSING EDUCATION
Hours Required by the State: 40 hours
Licensing Exam: The licensing exam is administered by PSI. Registration for the state licensing exam is an entirely separate process from your course final exam. For instructions to register for your state licensing exam and further information, please click here.
Provider Approval Number: 1015
The CE Shop’s Offering: 40 hours
Reporting: The state requires course completions to be reported to PSI. We will report your course to PSI upon completion.
Expiration Date of Course:The CE Shop’s Pre-Licensing courses expire six months after the date of purchase. Each student will be granted a one-month extension at no charge, to be applied immediately after the initial six-month term. For any reactivation or extension of the course after the seventh month, The CE Shop will charge the student 20% of the current retail price of the course for each 30-day extension or partial 30-day extension in the event that the course finally terminates before the end of the final 30-day extension. Students may also elect to re-enroll for 50% of the current retail price of the course, if the course has hit the year expiration or the student is at the 7 month mark and wants to repurchase and restart the course and enrollment. Extensions or reactivations cannot be granted beyond 12 months from the purchase of the course since, in all events, the course terminates 12 months after purchase.
Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.
Final Exams: Final exams must be passed with a minimum of 75% and may be taken as many times as necessary.
Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.
Post-Licensing: Principal Brokers renewing active for the first time must complete the 26-hour Principal Broker Advanced Practices (PBAP) course, 2-hour LARRC course, and 2-hour Oregon State and Federal Fair Housing Course. The CE Shop does not offer the Principal Broker Advanced Practices (PBAP) course at this time.
Still have questions? Visit our Frequently Asked Questions or Contact Us.
