Last Updated on June 4, 2024 by Mack Barnes
This comprehensive guide breaks down everything you need to know about Oklahoma real estate CE requirements for 2024, so you can stay compliant and focus on what matters most: your real estate career.
Oklahoma real estate licensees are required to complete continuing education (CE) every three years to maintain their license. CE helps licensees stay up-to-date on the latest laws and regulations, as well as best practices in the real estate industry.
Why is CE important?
CE is important for a number of reasons. First, it helps to ensure that licensees are competent and knowledgeable about the real estate industry. This is important for protecting consumers and promoting fair and honest real estate transactions.
Second, CE helps licensees to stay competitive in the real estate market. As the industry evolves, it is important for licensees to stay informed about the latest changes and trends. CE can help licensees to learn about the latest real estate trends and regulations that can give them an edge over their competitors.
What are the CE requirements in Oklahoma?
Real estate licensees are required to complete 21 hours of continuing education every three years in order to keep their license active.
Real estate sales associate and broker associate licensees are required to complete 21 hours of CE. At least six of those hours must be must be in required topics, which include:
- Broker Relationship Act (BRA)
- Code and Rules (CAR)
- Contracts and Forms (CON)
- Fair Housing (FHR)
- Hot Topic (HOT)
- Professional Conduct (PSC)
The remaining 15 hours of CE can be taken in elective courses, which licensees can choose based on their interests and practice areas.
If a licensee enrolls in a required topic CE class that is longer than 1 hour, the remaining hours will count as elective hours. For example, if a licensee enrolls in a 3-hour Fair Housing (FHR) class, 1 hour will go towards the FHR requirement and 2 hours will go towards elective hours.
Real estate broker (broker proprietor or managing broker) licensees are required to complete 21 hours of continuing education every three years, including a mandatory 15-hour “Broker in Charge” course and a minimum of six hours from at least two of the following six required topics:
- Broker Relationship Act (BRA)
- Code and Rules (CAR)
- Contracts and Forms (CON)
- Fair Housing (FHR)
- Hot Topic (HOT)
- Professional Conduct (PSC)
For example, a managing broker could enroll and complete a 15-hour Broker in Charge course, a 3-hour Professional Conduct (PSC) class, and a 3-hour Hot Topic (PSC) class.
License type | Required hours |
Real estate sales associate | 21 hours, including 6 hours of required topics and 15 hours of elective topics |
Real estate broker associate | 21 hours, including 6 hours of required topics and 15 hours of elective topics |
Real estate broker | 21 hours, including a mandatory 15-hour “Broker in Charge” course and a minimum of six hours from at least two of the six required topics |
This table summarizes the CE requirements for each license type in Oklahoma.
Oklahoma Real Estate Commission’s Role in Overseeing CE Requirements
The Oklahoma Real Estate Commission (OREC) is the sole governmental entity in the state authorized to regulate and issue real estate licenses. The OREC plays a vital role in overseeing continuing education (CE) requirements for real estate licensees.
Upon successful completion of their courses, real estate schools will electronically submit the continuing education (CE) hours of licensees to the Oklahoma Real Estate Commission (OREC). Licensees have the ability to access their CE records by logging into the OREC license portal. This portal allows them to view their completed hours and ensure that all hours have been accurately recorded in the OREC database. Additionally, licensees have the option to directly submit their CE completion hours to the Commission through the same portal. It is important for licensees to confirm that all their completed hours are properly recorded with the OREC. According rule 605:10-3-6 (h), licensees shall be ultimately responsible to the Commission to furnish evidence of having successfully completed the continuing education requirements for license renewal; this rule can be found in the OREC License Code and Rules.
Here are some of the key responsibilities of OREC in overseeing CE requirements:
- Setting standards: OREC sets the criteria for CE requirements for real estate licensees in Oklahoma. These standards ensure that licensees stay up-to-date on the latest laws, regulations, and best practices in the real estate industry.
- Course Approval and Monitoring: The Commission reviews and approves CE courses offered by various educational providers.
- Tracking compliance: OREC monitors the compliance of real estate licensees with CE requirements. This involves keeping track of the completion of required courses by each licensee and ensuring that these courses are completed within the designated time frames.
OREC’s oversight of CE requirements helps to ensure that real estate licensees in Oklahoma are knowledgeable and competent. This protects consumers and promotes confidence in the real estate industry.
How to meet the CE requirements
Barnes Real Estate School offers the required continuing education classes online. Real Estate licensees can choose a 21-hour package deal tailored for each license type.
To learn more about our CE courses, please visit our website or contact us today.
FAQ
Yes, we offer a variety of online continuing education courses. View our course catalog to find the CE classes you need.
All of our online CE courses are valid for six months from the date of enrollment.
You are required to complete 21 hours of continuing education, including 6 hours of required topics and 15 hours of elective topics, before your license expires.
Oklahoma requires at least one hour of continuing education in each of the following six required subjects:
– Broker Relationship Act (BRA)
– Code and Rules (CAR)
– Contracts and Forms (CON)
– Fair Housing (FHR)
– Hot Topic (HOT)
– Professional Conduct (PSC)
You can choose the remaining 15 hours of continuing education from a variety of elective topics.
Conclusion
CE is an important part of maintaining a real estate license in Oklahoma. By completing CE requirements, licensees can stay up-to-date on the latest laws and regulations, as well as best practices in the real estate industry.
The Oklahoma Real Estate Commission (OREC) released the updated Oklahoma Real Estate License Code and Rules on November 1, 2023. Real estate licensees in Oklahoma should review the updates to stay up-to-date on the latest laws and regulations.