What’s New with OREC?

Plenty! A new fee schedule, new Code & Rules, and new forms (which will soon be available on TransactionDesk).  A new online services portal will be launched December 21st, allowing online applications, renewals, transfers, releases, registrations and more!

Dates to Remember

OREC will not be processing any applications/renewals/submissions of any kind from December 14th to December 18th as they transition to the new system that will be live on the 21st. All December renewals will have until January 16th to renew their licenses as a result of this 5-day blackout period.

All licensees are encouraged to submit anything they would like processed by December 14th to avoid any delays on the affected dates noted above. After December 21st, the Commission will begin holding free Zoom sessions to assist licensees in signing into their new portal and highlighting some of the new features they can take advantage of in managing their licenses or brokerages online.  OKCMAR will coordinate Zoom sessions with OREC as well.

A Message from the Executive Director

The Oklahoma Real Estate Commission’s 2020 Administrative Rule updates went into effect November 1, 2020. The Commission understands this has been a difficult year for everyone. Please rest assured we will work with you to overcome any challenges you encounter with respect to the newest updates to Commission rules. In addition to modifying licensing fees for the first time in twenty years, the Commission would like to highlight the following changes to the Oklahoma Real Estate Commission Administrative Rules:

  • There is now a one-time $35 application fee for all new applications for original licensure. Okla. Admin. Code § 605:10-3-2(c).
  • The 45-hour post-license education requirement must now be completed within 6 months from the date of issuance. Failure to complete this within 6 months will result in a license being placed on inactive status until evidence of successful completion is submitted. A provisional sales associate who fails to complete the 45-hour post-license education requirement will not be able to renew their license. Okla. Admin. Code § 605:10-3-6(h).
  • Guest instructors may be utilized for both in class and distance learning, provided an approved instructor is also present and the total guest instruction/lecture does not take more than 30% of the total course time. Okla. Admin. Code § 605:10-5-1.1(g); 605:10-5-2(o).
  • Active duty military and military spouse applicants may now utilize licensure methods provided for in 59 O.S. § 4100 et seq.

Grant Cody
Executive Director
Oklahoma Real Estate Commission

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