Oregon Real Estate Practice Test 2026 - Free Real Estate Practice Questions and Study Guide

In Oregon, the requirement for transaction fees is that they must be disclosed in the listing agreement. This means that brokers must clearly state any transaction fees they intend to charge their clients, ensuring transparency in the financial aspects of the real estate transaction. This requirement is in place to protect consumers and ensure they are fully informed about the costs associated with their real estate dealings.

While it's true that some brokers might have a standard fee they typically charge, the law prioritizes the need for disclosure rather than imposing a specific cap or limit. Such transparency helps maintain ethical standards within the real estate industry and allows clients to make informed decisions regarding the services they are purchasing. It also emphasizes the importance of clear communication between real estate professionals and their clients.