Oklahoma Real Estate Broker License and Exam: Basic Information
In Oklahoma, the Real Estate Commission takes the test to give the license for being a broker and a sales associate. The exam is obtained by both OKC state particular and national questions. You must get approval from the Oklahoma Real Estate Commission before being eligible for an exam.
To get that, first of all, you need to apply to the commission. You must fill up the education and experience requirements in the form. Remember that the application must be notarized.
You cannot attend the examination until you get admitted into a real estate school in OKC. Consequently, we should know about the qualification to obtain the license. Let's explore the qualifications and requirements you need to fulfill.
The Examination to Become an Agent
After submitting the application form and completing the course from a real estate school, once you are approved by the commission, you can take the exam on a walk-in basis. The examination for being a sales associate is three hours long and the exam for being a broker is six hours long. If you live in Oklahoma and pass the examination, the score will be valid for 90 days.
Score You Need to Pass
Provisional sales associates take a sales associate exam which requires 130 questions. You have to answer at least 75% of the questions to pass the test. On the other hand, the broker assessment consists of 150 questions and you also need to give a minimum of 75% of correct answers to become a broker. After completing the exam, you will get the score immediately.
Subjects That You Need to Cover
Market Analysis and valuation.
Property condition and disclosures.
Contracts.
Transfer of title.
Property ownership.
Land use controls and regulations.
Real estate calculations.
Subdivisions.
The practice of real estate.
Commercial, industrial, and income properties.
The requirement to Get a License
1. For Brokers:
You must be 18 or more than that.
Proof of completion of 90 hours of pre-license education.
You must have at least two years of active experience as a provisional sales associate.
Have to complete and submit the application form.
You also have to submit a minimum of one fingerprint card and $60 for a background check.
Have to pass the real estate examination.
Must have proof of citizenship.
Want to Know More Information?
If you want to choose real estate as your career option, then you need to complete the course and pass the exam. It is not easy to become a successful broker or sales associate among others. To become a pro you need to focus on your skill and need proper knowledge and a lot of dedication. If you want to know more about this course, then contact Wright Real Estate School in OKC.