Thinking of getting your principal broker license in Oregon? If you meet the eligibility requirements, you might want to consider getting licensed before the end of 2010! Beginning 2011, per SB 640, new principal broker licensing requirements require that you pass a principal broker state exam. You will find a paragraph regarding principal broker licensing changes on page 2 of The Oregon Real Estate News-Journal, June 2010 addition.
What are the requirements to get your principal broker’s license in Oregon?
You must have three years of active real estate sales experience. You must pass the 40 hour Broker Administrative and Sales Supervision (BASS) course. If you were licensed prior to 2002, you will need to pass a regular broker exam. After January 1, 2011, you will also be required to pass a principal broker state exam. If you meet the qualifications you can get your PB license prior to the end of 2010 and not have to take the new state exam. Contact ProSchools’ Course Consultants at 503-297-1344 x 105 or 1-800-452-4879 x 105 for details.
What ProSchools BASS Courses cover:
”Brokerage Administration and Sales Supervision (B.A.S.S.) introduces brokers to the real world of managing and supervising operations of a real estate office. The material is designed to build confidence and skills in supervising everyday real estate transactions. Covered topics include: required supervision, marketing and advertising, office facilities, trust accounts, financial records/financial reports, property management accounting and record keeping, Residential Tenant-Landlord Act, recruiting, hiring, training and retention, leadership, effective communications, policies and procedure manual development.”
If you are like me, having to pass a state test is not appealing. I obtained my Oregon principal broker license this year while working at ProSchools. I can tell you first hand, ProSchools’ BASS course is fantastic! This well designed and thought out course will teach you the principals of managing. I recommend this course for anyone who is interested in self-development, even if you are not planning on becoming a principal broker in the near future. For those who are, I recommend you sign up now, avoid the extra fees and frustration of having to take an additional state exam and get your principal broker license before 2011.