Burroughs School of Real Estate

Tom Stepanski

Question: Real Estate Brokers and their associates are NOT permitted to work under the Law of Agency for the public in Oklahoma. This portion of the course is dedicated to the “National Portion” of the licensing exam

Tom, does this mean the State of Oklahoma does not have agency relationships, but the National law allows it?

Answer: Yes and no. The state of Oklahoma has abolished the “agency relationship” between broker and public.

BUT the “agency relationship” still exists between Broker and Associate.

And because you are taking an exam that is TWO parts, National and State, The law of agency is still followed in other states so you need to know the law of agency…

Thank you,