This comprehensive guide to obtaining an Oklahoma real estate license provides all the essential steps and real estate continuing education requirements.
It’s suitable for everyone in Oklahoma, with extra details for residents of Oklahoma City (OK).
We highlight the best real estate classes and online courses available, ensuring you have access to quality education and resources throughout the state.
Requirements
To become a real estate agent in Oklahoma, you must:
- Be at least 18 years old
- Be a U.S. citizen or lawful permanent resident
- Have a high school diploma or equivalent (GED)
Like all US states, Oklahoma allows out-of-state applicants, so you do not need to reside there to become licensed as a real estate agent.
Pre-Licensing Education
Complete 90 hours of pre-license education through courses approved by the Oklahoma Real Estate Commission (OREC). These courses include:
- Basic Real Estate Principles (45 hours)
- Real Estate Practices (45 hours)
Examination
Oklahoma Real Estate Exam Details
Exam Structure
- Total Questions: 130 multiple-choice questions
- National Portion: 100 questions
- State-Specific Portion: 30 questions
- Time Limit: 4 hours total (2.5 hours for the national portion and 1.5 hours for the state portion)
- Passing Score: 75% on each section
Registration and Fees
- Exam Fee: $60, payable when scheduling the exam.
- Registration: After completing your 90 hours of pre-licensing education, submit your application to the Oklahoma Real Estate Commission (OREC). Once approved, register for the exam through PSI Services.
Identification Documents
- Required ID: Candidates must bring two forms of identification on exam day, including a government-issued photo ID with a signature (e.g., driver’s license or passport).
Exam Difficulty and Passing Rates
The Oklahoma Real Estate Exam is moderately difficult, with a passing rate around 60%. Candidates should adequately prepare for both the national and state-specific portions to ensure success.
Required Forms and Documents
- Pre-License Education Certificate
- Proof of completing 90 hours of pre-license education from an accredited provider is required.
- Initial License Application
- Submit your initial license application through the Oklahoma Real Estate Commission (OREC) after completing pre-licensing education.
- Application Fee
- The fee is $35, payable when submitting your license application.
Background Check
- Fingerprinting
- Approved Vendor: Schedule fingerprinting through IdentoGO, the approved vendor for Oklahoma.
- Cost: The fee is approximately $60, payable directly to the vendor.
- Submission
- The fingerprint results will be sent directly to the Oklahoma Real Estate Commission.
- Processing
- The background check results must be completed and submitted within 6 months of your license application. The Oklahoma Real Estate Commission will review the results as part of your licensing process.
Application
After passing the exam and completing the background check, submit your license application to the Oklahoma Real Estate Commission.
- Application Fee: $35
Post-Licensing Education
Course Requirement: New real estate sales associates must complete a 45-hour post-licensing course within the first 12 months after obtaining their license.
Course Content:
- Ethics in Real Estate
- Contracts and Negotiations
- Property Management Basics
- Real Estate Law Updates
- Risk Management and Client Representation
Approved Providers
- The course must be taken through an education provider approved by the Oklahoma Real Estate Commission (OREC).
Submission
- Proof of course completion must be submitted to the OREC before the 12-month deadline to keep your license active.
Continuing Education
Total Hours Required: 21 hours of continuing education every three years to renew their license.
- Core Courses (6 hours)
- Professional Conduct: Ethics and behavior in real estate.
- Broker Relationships: Proper broker-client relationships, duties, and responsibilities.
- Fair Housing: Anti-discrimination laws and fair housing practices in real estate transactions.
- Elective Courses (15 hours)
- Real Estate Marketing and Technology
- Environmental and Property Inspection Issues
- Financing and Mortgages
- Property Management and Leasing Laws
Approved Providers
- The continuing education courses must be taken through an OREC-approved provider. For a list of approved vendors, visit the OREC website.
Submission
- After completing the required 21 hours of CE, you must submit proof of completion to the Oklahoma Real Estate Commission online portal.
Consequences of Non-Compliance
- Inactive License: If you fail to meet the CE requirements within the three-year period, your license will be placed on inactive status, which prevents you from conducting any real estate transactions.
- Reactivation: To reactivate your license, you will need to complete the missing continuing education hours and submit the documentation to OREC.
Oklahoma Real Estate Education Options
Online Options
- Kaplan Real Estate Education: Provides online pre-licensing courses tailored to Oklahoma’s requirements.
- Colibri Real Estate: Formerly known as Real Estate Express, provides flexible online learning options.
- The CE Shop: Offers comprehensive online courses for pre-licensing, post-licensing, and continuing education.
In-Person Options by Major Cities
Oklahoma City:
- Charles Barnes School of Real Estate: Offers in-person pre-licensing and continuing education courses.
- Oklahoma City Community College: Provides in-person real estate courses, including pre-licensing education.
Tulsa:
- Career Education Systems: Offers in-person pre-licensing and continuing education classes.
- Tulsa Community College: Provides in-person real estate education.
Norman:
- Moore Norman Technology Center: Offers a variety of in-person educational courses for pre-licensing and continuing education.
Reciprocity
Full Reciprocity
Oklahoma offers full reciprocity with the following states:
- Alabama
- Arkansas
- Colorado
- Georgia
- Iowa
- Louisiana
- Massachusetts
- Mississippi
- Nebraska
- North Dakota
- South Dakota
If you hold an active real estate license in one of these states, you can apply for an Oklahoma real estate license without additional education or examination requirements. You must submit an application and pass a background check.
Partial Reciprocity
Oklahoma offers partial reciprocity with other states. If you hold an active real estate license in another state, you may qualify for a waiver of some of the pre-licensing education requirements.
You will still need to pass the Oklahoma state-specific portion of the real estate exam and fulfill other state-specific requirements.
For detailed information and required forms, visit the Oklahoma Real Estate Commission Reciprocity Information.
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Broker's License
To become a real estate broker in Oklahoma, you must:
- Have at least two years of active real estate salesperson experience within the last five years
- Complete 90 hours of broker pre-license education
- Pass the Oklahoma Real Estate Broker Examination
- Submit a broker license application to the Oklahoma Real Estate Commission
Criminal Record
The Oklahoma Real Estate Commission reviews applications from individuals with a criminal record on a case-by-case basis.
If you have a felony or other serious criminal conviction, you may still apply for a real estate license, but the Commission will consider the nature of the crime, the time elapsed since the conviction, and evidence of rehabilitation.
Crimes involving fraud, theft, or moral turpitude are particularly scrutinized. It’s recommended to contact the Oklahoma Real Estate Commission directly to discuss your specific circumstances and determine your eligibility.
Cost Breakdown
Item | Cost Range |
|---|---|
Total | $695 – $1,295 |
Pre-License Education | $400 – $700 |
Exam Fee | $60 |
Background Check | $50 – $100 |
Application Fee | $35 |
Post-Licensing Education | $100 – $200 |
Continuing Education | $50 – $200 per cycle |
Resources and Contacts
- Oklahoma Real Estate Commission:
- Street Address: Denver N Davison Building, 1915 North Stiles Avenue, Suite 200, Oklahoma City, Oklahoma 73105
- Telephone: (405) 521-3387 or (866) 521-3389
- Fax: (405) 521-2189
- Email: orec.help@orec.ok.gov
- Contact OREC
- License Renewal Website
- Licensee Lookup Website
- CE Transcript Website
- Continuing Education Information
- PSI Examination Services: (800) 733-9267
Document Checklist
- Proof of age (ID, birth certificate)
- Proof of U.S. citizenship or lawful permanent resident status
- High school diploma or GED certificate
- Completion certificates for 90 hours of pre-license courses
- Exam pass notification from PSI
- Fingerprint submission and background check confirmation
- Completed application form for the Louisiana Real Estate Commission
- Payment for application fee
Step-by-Step Guide to Becoming a Real Estate Agent in Oklahoma
- Meet Basic Requirements: Ensure you are at least 18 years old, a U.S. citizen or lawful permanent resident, and have a high school diploma or equivalent (GED).
- Complete Pre-License Education: Enroll in and complete 90 hours of pre-license courses approved by the Oklahoma Real Estate Commission.
- Schedule and Pass the Examination: Register for the Oklahoma Real Estate Salesperson Examination through PSI. Study for and pass the exam, ensuring you achieve a minimum score of 75% on both the national and state-specific portions. Pay the exam fee of $60.
- Submit to a Background Check: Arrange for fingerprinting and a criminal background check through an Oklahoma State Bureau of Investigation-approved vendor. Ensure all required documentation is submitted to the Oklahoma Real Estate Commission.
- Submit Your Application: Complete and submit the real estate license application to the Oklahoma Real Estate Commission, including the application fee of $35.
- Find a Sponsoring Broker: To activate your license, find a licensed Oklahoma real estate broker to work under. This is required for both temporary and permanent licensure.
- Complete Post-Licensing Education: Within the first year of obtaining your license, complete 45 hours of post-licensing education.
- Begin Your Real Estate Career: Once your license is issued, start your career as a licensed real estate agent in Oklahoma.
- Complete Continuing Education: Every three years, complete 21 hours of continuing education, including mandatory and elective courses, to maintain and renew your license.
Oklahoma Real Estate Agent Salary
In Oklahoma, real estate agents earn an average salary of $68,168 per year, with typical earnings ranging from $28,000 to $130,000.
The median salary is around $65,000, indicating a fairly even distribution of income. Top agents, especially in active markets like Oklahoma City and Tulsa, can earn upwards of $150,000 annually.
Oklahoma’s real estate market benefits from a stable economy and relatively low property prices, providing ample opportunities for agents.
The state’s low cost of living further enhances the value of these earnings, making it an attractive market for real estate professionals.
FAQs
Can I become a real estate agent in Oklahoma if I have a felony?
The Oklahoma Real Estate Commission reviews applications from individuals with a criminal record on a case-by-case basis. Certain felonies, particularly those involving fraud or moral turpitude, may disqualify you. Contact the Commission for specific inquiries.
How long does it take to become a real estate agent in Oklahoma?
It typically takes 3-6 months to complete the pre-license education, pass the exam, and obtain your license.
What is the cost to become a real estate agent in Oklahoma?
The total estimated cost ranges from $695 to $1,295, including education, exam fees, background checks, and application fees.
Does Oklahoma have reciprocity with other states?
Oklahoma has full reciprocity with several states and partial reciprocity with others. You may need to pass the Oklahoma state-specific portion of the real estate exam and meet other requirements.
Summary
Becoming a real estate agent in Oklahoma involves meeting educational requirements, passing an exam, undergoing a background check, and completing post-license and continuing education.
By following these steps and utilizing the provided resources, you can successfully start and maintain your real estate career in Oklahoma.
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