This is a lot of information, but it is everything you need to know in order to begin obtaining your career as a real estate agent. More detailed outlines of exactly all that is needed may be found at the Oklahoma Real Estate Commission website, which may be found here: https://www.ok.gov/OREC/Education_and_Exam_Info_to_Obtain_a_License/index.html
Never hesitate to reach out to us at Global Real Estate School with any questions or concerns you may have on how we can help you achieve your goals and become a licensed Real Estate professional today!
How to become a Realtor in Oklahoma
Provisional Sales Associate- A provisional sales associate (PSA) is an entry level licensee, which is under the supervision of a real estate broker. A PSA can not 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. 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.
Upon passing the state examination and obtaining a PSA license from the Commission, the PSA has a Part II post-license 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.)
Sales Associate - A sales associate (SA) license is the same as a provisional sales associate (PSA) license except: 1) the sales associate no longer has a forty-five (45) clock hour Part II post-license education requirement, but rather has a twenty-one (21) clock hour continuing education requirement each active license term; and 2) the sales associate license is a three-year renewable license, as opposed to the provisional sales license which is only a one-year license.
In order to obtain a SA 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.
Application - An application form can be obtained from the Commission or from the entity where the applicant completed the schooling. An applicant can only take the examination if they have successfully completed the required pre-license course, as approved by the Commission. The only exception to this rule may apply to a nonresident or previously licensed applicant. Further, a broker applicant must meet the 2 years experience requirement within the required time period or qualify through the Experience Equivalent Point System.
The application must be fully completed and notarized. The Commission does not provide notary service. All applicants will be asked for a photo identification before testing. All applicants must also include with the application a proof of citizenship or qualified alien status, for additional information refer to the Proof Of Citizenship link. This is absolutely mandatory, the examination will not be given without it.
Provisional sales associate or sales associate - Upon successful completion of the examination and the application receiving final approval the applicant will be required to have a broker sign a form verifying sponsorship or the applicant may place their license on an inactive status. If the applicant selected a broker and the broker has already completed the reverse side of the application the applicant will be required to pay the license and education and recovery fund fee. If the reverse side of the application is not completed by a broker, the Examination attendant will provide the applicant with either a Application for Issuance of a Provisional Sales Associate or Sales Associate License form or an Inactive Status Request form. If the applicant chooses to have the license issued on Inactive Status, an inactive pocket card will be sent to the mailing address provided by the applicant.