Oregon: buyer-agreement requirements.

This page lists what Oregon requires, at the state level, before a licensee represents a buyer: who regulates real-estate licensees, whether a written buyer agreement is required by state law or rule, the statute or rule that says so, and whether the state mandates an agency-disclosure form or publishes an approved agreement form.

It is built for broker-owners and transaction coordinators who need the state rule in one place before setting office policy. Read it alongside your brokerage's own forms and your broker of record's guidance — the written-agreement question became a national practice issue in 2024, but the rule that binds you is your state's, and it is the state rule this page cites.

Oregon, field by field.

Regulating authority

Oregon Real Estate Agency (OREA)

Written agreement required by state law

Yes

Statute or rule

Or. Laws 2024, ch. 3 (HB 4058); implementing rules effective 2025-01-01. Requirements as published by the regulator: Oregon Real Estate Agency, 'Buyer Representation Agreement FAQs' and 'Buyer Agreements and Listing Agreements — A Law and Rule Overview' (oregon.gov/rea). Agent obligations cross-referenced at ORS 696.810. We read the regulator's own published guidance; we did not read the codified statutory text.

Agency disclosure form

Yes. The buyer representation agreement must state the agent's legal obligations as described in ORS 696.810, or incorporate them by reference to the Initial Agency Disclosure Pamphlet — a pamphlet OREA publishes.

State-approved form available

Yes — mandatory use

Notes. A broker or principal broker representing a buyer in a residential transaction of land or one to four dwelling units must enter into a written representation agreement with the buyer, entered into before — or as soon as practicable after — starting efforts to assist the buyer in purchasing or identifying real estate for purchase. Not required for a commercial transaction or property with five or more residential dwellings. Required contents per OREA: the agent's legal obligations under ORS 696.810 (or a reference to the Initial Agency Disclosure Pamphlet); the licensee's license number and the name and contact information of the principal broker responsible for supervising the licensee; effective and expiration dates, with the term no longer than 24 months; the buyer's general search criteria; an explanation of how the agent may be compensated; and termination rights for both buyer and agent.