Yamhill County Association of Realtors®

The Oregon Real Estate Agency (OREA) is a state department that regulates and enforces laws related to the real estate industry.

The OREA website is a resource where you can access information about everything pertaining to real estate law in Oregon.  The website has bulletins about changing laws and regulations, how the REA will administer the laws practically, and much more:

Licensee Search: Use the Real Estate License Search function to find a broker or property manager’s:

• license status
• license type
• license number
• renewal date
• current employer or company name
• mailing address

Continuing Education Bulletins: For example, starting January 1, 2011 new Continuing Education Requirements will become Effective. Download & view the REA Continuing Education Presentation explaining the new requirements in depth.

1. Real estate licensees (brokers, principal brokers and property managers) must:

• Complete all 30 hours of continuing education every renewal period (generally every two years) within the eligible course topics established by the Agency;
• Take continuing education from a certified course provider;
• Complete a 3-hour law and rule update course approved by the Real Estate Board every renewal period as part of the 30-hour requirement; and
• Maintain their own records of continuing education.

2.  Real estate brokers must:

• Complete the 30-hour Advanced Real Estate Practices course approved by the Real EState Board before their first active license renewal (previously the course was approved by the Agency).

3. Continuing education providers must:

• Be certified by the Agency;
• Maintain records of each course offered and attendees;
• Ensure that instructors meet the required qualifications; and
• Issue a certificate of attendance to licensees that complete a course.

Online Advertising:  All forms of advertising by brokers and principal brokers related to professional real estate activity must meet the requirements of Oregon Administrative Rule (OAR) 863-015-0125. Additionally, marketing via electronic media such as Internet, web pages, e-mail, blogs and bulletin boards must include specific content not required for other types of advertising.

The first page of all online advertising (including Facebook, Craigslist, e-mail, websites etc.) by real estate brokers and principal brokers must include:

• The licensee’s licensed name (first and last)
• If the licensee has one, the registered business name
• If the licensee is associated with a principal broker, the principal broker’s licensed name or registered business name (the registered business name must be used if there is one)
• A statement that the licensee is licensed in the State of Oregon

E-mail Subscription Services: The Oregon Real Estate Agency has three free e-mail subscription services available.

• The Commissioner’s Bulletin is published once a month and contains up-to-date information from the Agency.
• The Administrative Rule Update informs subscribers of pending changes to Oregon Administrative Rule chapter 863.
• The Oregon Real Estate News-Journal, the official publication of the Oregon Real Estate Agency, will be availble via e-mail subscription beginning September 2010.

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