Oklahoma Real Estate Commission Discussed

The Oklahoma Real Estate Commission is the sole government agency in the state with the authority to regulate and license real estate professionals. The commission consists of seven members and will be in place until July 1, 2021. The commission is composed of United States citizens who must have lived in the state for three years before they are appointed. To be eligible for an appointment, you must have lived in Oklahoma for at least three years. If you have questions, contact the Commission directly at 405-225-5580.

Applicants must apply for a license through the commission. To get your license, you must pass a multiple-choice exam. The examination covers commercial, industrial, and subdivision properties. National topics include real estate calculations, practice, transfer of title, disclosures, and Land Use Controls and Regulations. Applicants must also pass an examination administered by the Commission. The fee is $100. If you are a nonresident, you must complete a pre-licensing course and then take the exam. Once you pass, you must renew your license every year.

Once you have a license, you can begin practicing real estate. A broker license allows you to work as an independent firm and sponsor licensed associates. As a broker, you are responsible for the activities of your associates. To become a broker, you must be of good moral character, have two years of experience in real estate, or be a PSA. You must also have completed 90 clock hours of advanced real estate instruction. To complete the application process, you must read the Applicant Information Bulletin and be able to demonstrate that you have completed an approved course.

If you are interested in getting your real estate license in Oklahoma, click here to explore our pre-licensing course page.