How To Become A Property Manager in Oregon

How To Get Your Property Manager License in Oregon

To become an Oregon property manager, all applicants must:

1. Be at least 18 years of age
2. Have a high school diploma or GED
3. Register with the Oregon Real Estate Agency
4. Pass a 60-hour pre-license course
5. Pass a state licensing exam
6. Submit to a background check

Your first step will be to register with the Oregon Real Estate Agency as soon as possible. It may take several weeks for an application to be processed, so starting this step as soon as you can will decrease licensing wait time.

While waiting for the application to be processed, start studying for your licensing exam. To get started, register for one of our Oregon Real Estate Property Manager License Training packages. The courses are available online, and you can start learning how to manage property as soon as registration is complete.

Browse Our Oregon Real Estate Property Management Courses

Complete the Required Courses

The complete Oregon property management license training package is broken into 19 segments, each with a review quiz to help you remember the key points covered. Segments include:

1. Introduction to Property Management
2. Real Estate License Law
3. The Property Management Agreement
4. Operating a Property Management Business
5. Trust Funds
6. Property Management Trust Accounting
7. Property Financial Statements
8. Economics and Property Management
9. Landlord and Tenant Law
10. Fair Housing
11. Contract Law Basics
12. Lease Agreements and Commercial Property Management
13. Real and Personal Property
14. Estates in Real Property
15. Forms of Real Property Ownership
16. Transfer of Title and Conveyances
17. Private and Public Land Use Controls
18. Financing and Foreclosure
19. Risk Management

At the end of the course is a final exam required by the OREA in order to demonstrate competency in the course's subject matter. The final exam is made up of multiple choice questions and requires a 75% or better score to pass.

Schedule an Exam

After you have finished the 60-hour training program, your Applicant ID and record of successful completion will be submitted to the OREA's state licensing exam provider. You will then receive an email on how you can sign up and take the real estate licensing exam.

Background Check

While at the testing center, submit fingerprints for a background check. You will pay for the background check and fingerprint collection at the testing center after you successfully pass the state licensing exam. Processing your background check may take several weeks to complete.

Employment

Choose how to work:

• Independently
• For another licensed property manager
• Under the supervision of an Oregon principal real estate broker

As an Oregon property manager, you can choose to work independently (either by using your own name or a registered business name), work for another licensed property manager, or work under the supervision of an Oregon principal real estate broker.

If you work on your own, log into the Oregon Real Estate Agency's eLicense website and choose the "Operate under my own license" registration (for your own name) or "Registered Business Name Application" (for registering a business name). If you are going to be working under another property manager or principal broker, then that individual will have to log into their eLicensing account and associate your property manager's license with their business.