Real Estate Principal Brokers
Last updated 05/04/2026
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Fees
| License Fee |
Description |
Exemptions |
| $300.00 |
|
None
|
| $300.00 |
|
None
|
Description
A licensed principal broker can conduct professional real estate activity as defined in ORS 696.010 individually or with other real estate licensees.
Principal brokers can supervise brokers, property managers, other principal brokers, and timeshare sales agents if they are:
- The managing principal broker for the registered business name; or
- Authorized under a written supervisory agreement with the managing principal broker
Duration
12 to 25 months
Duplicate License Requirements
None
Prerequisites and Requirements
Required Documentation
None
Bonding Requirements
None
Insurance Requirements
None
Other Information
None
Statutes, Administrative Rules, Ordinances
Other Detail Information
None
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