A property manager licensee can manage rental real estate as defined in ORS 696.010 individually, with principal brokers, or with other property managers.
An individual can hold only one real estate license (broker, principal broker, or property manager) at a time.
- Be 18 years old.
- Have a high school diploma, GED, or international equivalent.
- Register for an account in eLicense, the Agency's online license management system.
- Apply for a property manager license and pay the $300 fee in eLicense. When the application is processed, you will receive an Applicant ID number by e-mail.
- Complete the 60-hour Property Manager pre-license course from an Agency-approved real estate school.
Contact PSI, the testing services provider, to schedule and pay for the property manager license exam (PDF).
Pass the property manager license exam.*
Pay and get fingerprinted for the required background check while at a PSI testing center.*
Choose to work under:
- Provide your Applicant ID number and full name to the school.
- The real estate school will make you eligible to take the license exam.
- Only courses completed on or after January 1, 2013 meet licensing requirements.
* Please note: License exam scores and background check clearances are each good for one year. The Agency can only issue a license while the relevant scores and background check clearance are valid.
- An existing business. Your principal broker or property manager must log into eLicense and add your license to the business.
- Your licensed name by applying to operate under your own license in eLicense.
- A registered business name.
A license is issued when
- Your background check clears,
- Your new principal broker or property manager adds your pending license into the business or your business application has been approved, and
- The Agency completes a final review of your application.
You will receive an email when your license is issued.