Oregon wholesaling law · checked October 21, 2026
The short answer — Oregon
Yes — after you register. Oregon does not ask for a broker's license, but since July 1, 2025 you must register with the Oregon Real Estate Agency as a Residential Property Wholesaler ($300, renewed every year by June 30), pass a criminal records check, and give a bold-print disclosure to everyone involved — and in your advertising.
Rule: HB 4058, Or. Laws 2024 ch. 3; ORS 696.650–696.670, 696.997; rules at OAR 863 Div. 17 · In force: July 1, 2025 · Penalty if ignored: Civil penalty $1,000–$2,500 for a first offense of unregistered activity; a knowing violation is a Class A misdemeanor. If the seller disclosure is missing, the seller may terminate at any time and keep the earnest money, and the wholesaler is liable for damages plus the prevailing party's attorney fees.
Checked October 21, 2026 against the official source: www.oregon.gov/rea. Information only — not legal advice.
Oregon's definition is narrow and checkable: you are a wholesaler if you market residential property where you hold only an equitable interest or option, you have held it less than 90 days, and you have invested less than $10,000 in development or improvement. Registration is online with the Oregon Real Estate Agency: application, all business names, criminal records check with fingerprinting, $300 fee, renewal by June 30 each year at $300. The disclosure — in at least 10-point bold — must go to buyers, sellers, and any assisting broker, and appear in all advertising (social posts are exempt if they link to a disclosure page): wholesaler status, only equitable interest, no legal title and possibly no ability to transfer it, not a licensed broker or appraiser, a plain-language definition of equitable interest, the profit-on-assignment statement, the cancellation right, and complaint instructions. The Agency publishes the form.
No license — but you must register first. Yes — after you register. Oregon does not ask for a broker's license, but since July 1, 2025 you must register with the Oregon Real Estate Agency as a Residential Property Wholesaler ($300, renewed every year by June 30), pass a criminal records check, and give a bold-print disclosure to everyone involved — and in your advertising.
Agency: Oregon Real Estate Agency (OREA)
Fee: $300 · Term: renew by June 30 every year ($300)
Required since: 2025-07-01
Oregon's definition turns on marketing an equitable interest held less than 90 days with under $10,000 invested. Taking title and holding longer moves you outside the definition — confirm with an Oregon attorney before relying on it.
Scope: Residential property marketed with only an equitable interest/option, held <90 days, <$10,000 invested. Cancellation: 3 business days after receipt of the disclosure (non-waivable). Source: official text / regulator page.
The free checker asks five questions — your state, your license, your deal count, how you will market, your structure — and computes your verdict with the citation attached.
The statutory disclosure forms, the deal calendar, the marketing words sheet and the walk-throughs for Oregon's tier — rendered from the same checked dataset as this page — live in the kit.
Included in the $49 Compliant Path Kit