OREGON REAL ESTATE EXAM PSI TEST
BANK 2026 UPDATED QUESTIONS AND
ANSWERS GRADED A+
⩥ A person can work as a secretary in a real estate office without
obtaining a real estate license. That secretary can legally perform which
of the following functions? Answer: Verify the accuracy of listing
information supplied by a broker by checking the records at the county
tax office
⩥ Which of the following constitutes engaging in professional real estate
activity as defined by Oregon law? Answer: A person who, for a fee,
rents real estate owned by others to the public. A person who, for a fee,
assists owners only in procuring prospective tenants for the owners'
rental property
⩥ Which of the following categories of licensees, without charging a
fee, could legally offer a seller an estimate of the sales price of the
seller's property for the purpose of obtaining a listing? Answer: Real
estate broker and Principal real estate broker
⩥ An unlicensed personal assistant to a real estate broker could legally
do which of the following? Answer: Deliver documents to a buyer.
, ⩥ Principal brokers must supervise which of the following activities of
brokers? Answer: Completion of a listing {employment} agreement,
Completion of a competitive market analysis, Completion of an earnest
money agreement.
⩥ A nonlicensed personal assistant to an Oregon broker associated with
a principal real estate broker could legally perform which of the
following activities? Answer: Install signs and lock boxes on listed
properties
⩥ An Oregon principal real estate broker wants to place a booth in the
local shopping mall to display information on listings. The booth will be
regularly staffed by licensees. Which of the following statements about
requirements is true of this situation? Answer: The booth needs to be
registered as a branch office.
⩥ A broker associated with a principal real estate broker was asked by a
property owner to prepare a competitive market analysis for the owner's
residence. Under Oregon law, which of the following statements about a
competitive market analysis are true? Answer: A fee may be charged for
providing a competitive market analysis. The analysis may not be
contingent upon reporting a pre-determined value.
⩥ A principal real estate broker hired a number of part-time employees
to show property, pass out brochures, quote prices, and state terms of the
sale of real property in a development. A real estate broker was on site to
fill out all of the earnest money agreements. The employees did not sign
BANK 2026 UPDATED QUESTIONS AND
ANSWERS GRADED A+
⩥ A person can work as a secretary in a real estate office without
obtaining a real estate license. That secretary can legally perform which
of the following functions? Answer: Verify the accuracy of listing
information supplied by a broker by checking the records at the county
tax office
⩥ Which of the following constitutes engaging in professional real estate
activity as defined by Oregon law? Answer: A person who, for a fee,
rents real estate owned by others to the public. A person who, for a fee,
assists owners only in procuring prospective tenants for the owners'
rental property
⩥ Which of the following categories of licensees, without charging a
fee, could legally offer a seller an estimate of the sales price of the
seller's property for the purpose of obtaining a listing? Answer: Real
estate broker and Principal real estate broker
⩥ An unlicensed personal assistant to a real estate broker could legally
do which of the following? Answer: Deliver documents to a buyer.
, ⩥ Principal brokers must supervise which of the following activities of
brokers? Answer: Completion of a listing {employment} agreement,
Completion of a competitive market analysis, Completion of an earnest
money agreement.
⩥ A nonlicensed personal assistant to an Oregon broker associated with
a principal real estate broker could legally perform which of the
following activities? Answer: Install signs and lock boxes on listed
properties
⩥ An Oregon principal real estate broker wants to place a booth in the
local shopping mall to display information on listings. The booth will be
regularly staffed by licensees. Which of the following statements about
requirements is true of this situation? Answer: The booth needs to be
registered as a branch office.
⩥ A broker associated with a principal real estate broker was asked by a
property owner to prepare a competitive market analysis for the owner's
residence. Under Oregon law, which of the following statements about a
competitive market analysis are true? Answer: A fee may be charged for
providing a competitive market analysis. The analysis may not be
contingent upon reporting a pre-determined value.
⩥ A principal real estate broker hired a number of part-time employees
to show property, pass out brochures, quote prices, and state terms of the
sale of real property in a development. A real estate broker was on site to
fill out all of the earnest money agreements. The employees did not sign
