OAR 863-022-0020. Advanced Practices Course Requirement and Proficiency Assessment for the First Active Renewal of Broker License

(1) The course required by OAR 863-020-0010 before the first active renewal of a real estate broker license, or before the first license reactivation following an inactive first renewal, is an Agency-approved broker advanced practices course. (2) In order to renew a license, a real estate broker who completes the course described in section (3) of this rule must also complete the Law and Rule Required Course and the State and Federal Fair Housing course required under OAR 863-020-0010 . (3) An Agency-approved broker advanced practices course must consist of 26 clock-hours covering the following topics, with a minimum of 1 clock-hour for each topic: (a) Business ethics; (b) Review of recent administrative actions issued by the Agency; (c) Property management; (d) Business economics; (e) Advanced agency relationships, including dual representation; (f) Misrepresentation and negligence;. (g) Negotiations; (h) Effective communications with clients and other licensees; and (i) Real Estate contracts (4) To receive credit for the broker advanced practices course, a real estate broker must complete the course and receive a passing score of at least 75% on an assessment of license proficiency containing 60 questions. (5) Starting July 1, 2026, the assessment of license proficiency in section (4) must present one or more case studies or hypothetical scenarios involving a real estate transaction. The assessment must require the real estate broker to demonstrate the ability to: (a) Identify and address issues that present risks to the client; (b) Select appropriate contract provisions and terms that reflect the client's objectives; and (c) Identify effective communication protocols with the client and other licensees involved in the transaction. (6) The licensee must obtain a certificate of course completion and maintain it as required by OAR 863-020-0015. (7) The broker advanced practices course, the Law and Rule Required Course, and the State and Federal Fair Housing Course are eligible for continuing education credit under OAR 863-020-0010.