Pre-license
is the introductory level course for either a sales asssociate
or a provisional sales associate (PSA) Oklahoma real estate
license.
In
order to apply for a PSA license, a person must be of good moral
character, eighteen (18) years of age or older, and submit evidence
to the Commission of successful completion of Part I of ninety
(90) clock hours of basic real estate instruction in a course
that is approved by the Commission.
In
order to obtain a sales associate type of license, a person
must be of good moral character, eighteen (18) years of age
or older, and submit evidence to the Commission of successful
completion of ninety (90) clock hours of basic real estate instruction
in a course that is approved by the Commission.
Upon
passing the state examination a sales associate must work under
the sponsorship of a real estate broker. A sales associate cannot
enter into contractual agreements with a customer or client
in his or her own name but must enter into such agreement for
and in the name of their sponsoring broker.
Our
pre-license course is complete with up-to-date text, quizzes,
and glossary. Course duration is 180 calendar days, starting
from first use of software. Anytime when you finish your study
you may complete the course if you have completed 90 hours of
study and have attained good scores on practice exams.
After
finishing your required 90 hours of study you may take a online
Test-N-Learn compentency examination at your convenience before
proceeding to take your license exam with the Commission.
You
may then schedule and sit for a license exam with the Commission.
The Commission will charge a fee for their license examination.
A
broker license allows a person to do business as a firm and
sponsor licensed associates (provisional sales associates, sales
associates or broker associates.) The broker will be responsible
for activities of their associates. In order for an applicant
to apply for a broker license, the applicant must be of good
moral character, possess two (2) years of active experience,
or its equivalent, as a PSA or SA within the past five (5) years,
and submit evidence of successful completion of seventy-five
(90) clock hours of advanced real estate instruction in a course
that is approved by the Commission.
A
broker applicant may request the two years experience to be
waived but no education course content may be waived. The broker
applicant must show proof of successful completion in the basic,
provisional postlicense (or its equivalent) and advanced course
of study prior to qualifying for the broker examination. Upon
request from the Commission, an applicant may attempt to qualify
for the two (2) year waiver and must submit all documentation
as required by the Commission to verify the waiver.
Upon
passing the state examination, a broker has the option of applying
for a license as a broker associate, proprietor broker, managing
broker for a corporation or association, or as a broker partner
of a partnership.
Our
broker's course is complete with up-to-date text, quizzes, and
glossary. Course duration is 180 calendar days, starting from
first use of software. When you finish your studywithin 180
days you may complete the course if you have completed 90 hours
of study and have attained good scores on practice exams.
After
finishing your required 90 hours of study you may take a on-line
Test-N-Learn compentency examination at your convenience before
proceeding to take your license exam with the Commission.
You
may then schedule and sit for a license exam with the Commission.
The Commission will charge a fee for their license examination.
Upon
passing the state examination and obtaining a PSA license from
the Commission, the PSA has a Part II postlicense education
requirement of forty-five (45) clock hours that must be completed
within the first year of obtaining a license. The Commission
has identified core subject matter that qualifies to meet this
requirement; and also approves other subject matter totaling
forty-five (45) clock hours or more, as long as it is real estate
related and is approved by the Commission. Once a PSA has completed
Part II of the course requirement and has provided the Commission
with evidence of such completion, at the end of their one-year
license term their license will be issued as a sales associate
(SA) license (upon submission of the appropriate form and fees.)
Course
duration is 180 calendar days, starting from first use of software.
Anytime within 180 days you may complete the course if you have
completed 45 hours of study and have attained good scores on
practice exams.
After
finishing your required 45 hours of study you may take a on-line
Test-N-Learn compentency examination at your convenience.
Upon
successful completion we will submit your course certificate
to the Commission and issue you a notice by e-mail.
The
following policy applies to each continuing education 3 hour
course.
Each
continuing education course is complete with up-to-date text,
quizzes, and glossary.
After
finishing your required 3 hours of study you may take a on-line
Test-N-Learn compentency examination at your convenience.
Upon
successful completion we will submit your course certificate
to the Commission and issue you a notice by e-mail.
This
is a convenient package of 7 pre-selected courses that will
satisfy 21 credit hours of continuing education.
Courses
are:
1.
Broker Relationships Act
2.
Fair Housing
3. Professional
Conduct
4. Laws Affecting A Real Estate Office
5. Disclosure Laws And Regulations
6.
Reduction Of Risk
7. Homeowners Insurance
This
is a package of 7 individual courses, meaning that after one
is finished, you may delay taking the next one until you are
ready. Once a course has started, you have up to 5 (five) calendar
days to complete the three (3) hour credit course.
This
is a convenient package of 4 pre-selected courses that will
satisfy 12 credit hours of continuing education.
Courses
are:
1.
Professional Conduct
2. Fair Housing
3. Broker Relationships Act
4. Hot Topic
This
is a package of 4 individual courses, meaning that after one
is finished, you may delay taking the next one until you are
ready. Once a course has started, you have 5 (five) calendar
days to complete the course.
The
Professional Conduct course describes how to deal with
the various parties of a transaction and how to handle customers'
funds.
The
Fair Housing course covers housing and civil rights Acts. Acts
of discrimination are defined.
The
"law of agency" has been discontinued in Oklahoma.
Title 59, Oklahoma Statutes, Sections 858-351 through 858-363
defines relationships between brokers, associates, buyers, and
sellers.
Describes
disclosures made mandatory by a variety of state and federal
laws.
The
role of primary and secondary markets, the Federal Reserve System
and government influence.
An
introduction to business risk. Includes environmental issues,
fair housing, and management of risk.
Laws
the licensee must be knowledgeable of to run a real estate office.
Includes disclosures, responsibility of associates, prohibited
acts, and license requirements.
Types
of coverages, limits of liability, perils insured against, and
general exclusions.
Policy
manuals, operating accounts, marketing plans, forms.
Types
of business organizations, site selection, personnel.
OREC
Disclosure:
If
you have been convicted of any crime, or if charges are pending,
or if you have unpaid child support or unpaid student loans,
please check with the Real Estate Commission before enrolling
in this class. The Commission will allow you to seek preapproval
prior to enrolling in a prelicense course.
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