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December 23, 2008 URGENT NOTICE TO OKLAHOMA REAL ESTATE APPLICANTS Beginning January 5, 2009, the Oklahoma real estate license examination will include questions on the common law of agency. As you are aware, Oklahoma real estate licensees do not practice under the common law of agency, but rather, practice under broker relationships that are defined within the Oklahoma Real Estate License Code and Rules. The common law of agency is practiced in most all other licensing jurisdictions and therefore since Oklahoma is now utilizing a national examination vendor, the national portion of the examination will contain questions regarding the common law of agency. Prospective licensees need to be aware of the common law of agency concepts as they will from time to time be dealing with nonresident licensees and/or consumers. In Oklahoma, the common law of agency is still practiced between the real estate broker and the broker’s associates; however, there is no agency relationship that can exist between the broker/associate and the consumer. Applicants can locate references to the common law principles of agency in real estate text books not specifically drafted toward Oklahoma real estate practices, i.e., any national real estate text book (that could be obtained from any local library). Any further questions should be referred to Patricia Wheeler, Education and Licensing Director with the Oklahoma Real Estate Commission toll free at 1-866-521-3389 or 405-521-3387. NEXT Letter; Memo to: Real Estate School Instructors From: Patricia Wheeler, Education and
Licensing Director Date: December 23, 2008 Subject: Additional Information Regarding Examination Process Effective January 1, 2009 Any applicant who does not plan to take their state examination at the Real Estate Commission on or before December 31, 2008 should not send in the examination fee to the Commission, as the Commission will no longer be offering the examination. On and after January 1, 2009, applicants will pay their examination fee ($60.00 Provisional/Sales or $75.00 Broker) directly to PSI when they register for the examination. Any applicant who has an examination fee on file at the Commission will be able to register with PSI so long as the applicant has submitted all required documentation to the Commission and the Commission has notified PSI that the applicant is eligible for examination. On and after January 1, 2009, applicants must send to the Commission the $41.00 background check fee with application part A, a completed fingerprint card, and application part B. Application B must be completed in its entirety before the Commission will send the applicant’s approval over to PSI thereby allowing the applicant to schedule and test. The Commission will process applications as quickly as possible so that there is minimal down time from the time the applicant completes their schooling and the time they are examined. By next week everyone will be able to log on to the PSI website at www.psiexams.com and obtain a copy of the Applicant Information Bulletin (AIB) which should be made available to every student. The AIB has complete instructions regarding the examination process and will answer questions that the applicant has relating to the process to register, sample questions, what the computer screen and keyboard will look like, information on how to study, and additional information to help an applicant in knowing what to expect once they arrive at a PSI examination site. Additionally, once an individual has received approval to test from the Commission they can register at any of PSI’s 247 tests sites nationwide. Again the Oklahoma locations are as follows:
From I-235 take the 63rd St exit. Go West on 63rd St. You will see a sign that says ‘To Classen Blvd’. Continue to follow the signs (you will be going thru Chesapeake Oil Compound). When you get to Classen Blvd, go south. The office is located in a white building on the East side of Classen.
From I-44 East, exit number 228 (Harvard), stay to the right which will be westbound on 51st St. 1/4 mi on the left is the office building, red awning over entrance. From I-44 West, exit number 228 (Harvard), turn south (left) at off ramp onto Harvard. Turn West (right) on 51st St. Building is on the south side of 51st (left), red awning over entrance.
From South Main St., turn right onto US 270 East. Go 1/2 block. End at 21 E. Carl Albert Parkway (Highway 270).
From Highway 270, go west at the intersection of 9th and Oklahoma Avenue. Go west 10 blocks to 19th Street. The building is on the south side of Oklahoma Avenue, across from the Sonic Drive-In. Once an applicant arrives at the examination center, the applicant will have fifteen minutes to review practice questions to obtain a better understanding of what to expect once the examination begins. I will be sending all of you a copy of the AIB next week and a breakdown of each category that is covered so that you will be informed of the emphasis placed on each category. In the mean time please call me with any questions or concerns that you have as it is the Commission’s objective for this change to be as smooth and streamlined as possible. Here is a letter we received from the OREC affecting Real Estate Licensing in Oklahoma. This is the first letter we have received. We are looking into the new material for licensing. The estimated time for the new changes to go into effect is the beginning of 2009. If you are currently taking the Basic or Broker course you may be required to test before the change or MAY BE required to take a new course. Oklahoma Real Estate Commission To All Real Estate Educators Dear Educator: The Real Estate Commissioners on August 13, 2008, voted their approval to move forward with a Request for Proposal to be sent out In search of a national examination vendor, which means that the Commission will no longer administer the real estate examinations. The advantages of going with a national examination vendor are; 1) examinations will be administered at multiple site locations, 2) a national examination portion will be defensible by a nationally recognized vendor accredited by the Association of Real Estate License Law Officials (ARELLO) and 3) this will further Oklahoma's efforts. In license reciprocity with other licensing jurisdictions. Further, beginning November 1, 2008, all nonresident applicants must, at a minimum, successfully complete the state law portion of the Oklahoma examination, thus requiring us to now maintain a two-part examination that encompasses both a national and state law portion in addition, we must now consider alternatives to examination delivery since we must not only meet the needs of Oklahoma resident applicants but also nonresident applicants from across the country. It is our understanding that some things will change as applicants will have to schedule for an examination. however, they will be able to schedule by multiple methods such as phone email or online by utilizing the vendor’s 24-hour website. There will be other process changes that may take place and we will notify you of those when we are closer to Implementation time, which is anticipated to be January 1 2009. This memo is meant to let you know about this new and exciting development In trying to ensure that Oklahoma applicants are given the best valid examination possible. In a comfortable and secure atmosphere which is more convenient to their locale We Will continue to keep you updated as the process continues |
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