Oregon License Law
A real estate licensee in Oregon who sells their own personal residence:
AMust use another broker to represent them
BMust disclose their licensee status to the buyer, even in a for-sale-by-owner transaction✓ Correct
CIs exempt from all licensing obligations for their personal property
DMust pay a commission to their affiliated brokerage on the sale
Explanation
When an Oregon licensee sells their personal property, they must disclose their licensee status to the buyer — this is required by ORS Chapter 696 to ensure buyers are not disadvantaged when dealing with a real estate professional who has specialized market knowledge. However, licensees do not need to be represented by another broker for their personal transactions.
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