Oklahoma Broker Relationships
Oklahoma replaced traditional agency law with the statutory Broker Relationships Act. This chapter explains the single-party broker and transaction broker relationships, the duties owed under each, and Oklahoma's disclosure requirements.
The Broker Relationships Act
The broker-relationships provisions of the Oklahoma Real Estate License Code, 59 O.S. §§ 858-351 to 858-363 (“Broker Relationships Act” is a CE-course label, not a statutory short title; checked 2026-09-09) sets out the duties a broker owes when working with a party in a transaction, replacing common-law concepts like subagency. A broker works with a party either as a 'single-party broker,' which represents that party's interests, or as a 'transaction broker,' which assists the transaction without advocating for either side. The Act defines the mandatory duties owed to all parties regardless of relationship, such as honesty, accounting for funds, and disclosure of known defects.
Single-Party Broker vs. Transaction Broker
A single-party broker owes the represented party additional duties of loyalty and advocacy. A transaction broker does not represent either party as an advocate but must treat all parties honestly and disclose material information as required by law. The relationship offered must be communicated to the party so they understand what to expect.
Written Disclosure of the Broker Relationship
Oklahoma requires the broker relationship to be disclosed to a party in writing before that party signs a contract to buy or sell the property. This ensures consumers know, before committing, whether the broker is acting as a single-party broker or a transaction broker in the transaction.
State-specific details
State exam facts
- State regulator
- Oklahoma Real Estate Commission (OREC)
- Exam vendor
- PSI
- Prelicensing education
- 90 hours of approved provisional sales associate pre-license education
How many prelicensing hours does Oklahoma require to become a real estate agent?
Oklahoma requires a 90-hour Basic Real Estate course approved by the Oklahoma Real Estate Commission before you sit for the provisional sales associate exam.
Who licenses real estate agents in Oklahoma?
The Oklahoma Real Estate Commission (OREC) licenses provisional sales associates, sales associates, and brokers. OREC uses PSI to deliver the exam.
How is the Oklahoma sales associate exam structured?
The Oklahoma exam is delivered by PSI with a national portion and an Oklahoma state portion, scored separately; you must pass both. Confirm the current scored-question counts in the PSI Candidate Information Bulletin.
Sources: https://oklahoma.gov/orec/licensing.html, https://www.psiexams.com/
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