AGENCY RESPONSE TO PUBLIC COMMENTS
Thank you for everyone's feedback during the public comment period on the administrative rulemaking process to implement House Bill 3137. The Oregon Real Estate Agency has considered all comments received and is taking the following steps in response.
The Agency will not be adopting the provision in the proposed rule that prohibits the use of the terms "real estate" or "realty" in the name of real estate teams. As defined in HB 3137 section 13, a "real estate team" is a subdivision of a registered business that performs professional real estate activities and is comprised of one or more real estate licensees operating under a name other than the registered business name.
However, House Bill 3137 as passed by the legislature still contains this prohibition. The restriction will exist in law as of January 1, 2026, even though the Agency is not adopting this language in administrative rules.
The Agency forwarded the concerns expressed during the public comment period to the sponsors of HB 3137 for possible consideration during the 2026 legislative session.
In the interim, from January 1, 2026, to the end of the legislative session on March 9, 2026, the Agency will withhold determinations on any complaints received pertaining to the prohibition on the use of "real estate" or "realty" in team names.
During the rulemaking public comment period, the Agency received additional feedback related to the opportunity for team registrations within eLicense. While this proposal falls outside the scope of rulemaking for HB 3137, the Agency is evaluating this information for a potential statutory change in an upcoming legislative session.
AGENCY UPDATE - MARCH 2026
Senate Bill 1513, which passed during the 2026 legislative session, delayed implementation of the prohibition on the use of "real estate" and "realty" in real estate team names. Licensees now have until July 1, 2027, to comply with the law.