You’ll learn all the details you need to know to get your license and become a real estate agent in Illinois in this guide.
Basic Illinois Real Estate Licensing Requirements
You need to be at least 21 years old, have a high school diploma or its equivalent, complete 90 hours of pre-licensing education, and pass the exam to get a real estate license in Illinois. However, you may also apply if you are 18 years old and have attained the 48 semester hours required by Section 5-27.
The pre-licensing education required in Illinois is significantly shorter than in other states on the bright side. For example, you need to take 180 hours of coursework to get your license to get a license in Texas. And you need do things too quick breakdown of the real estate licensing requirements in Illinois:
1.In 90 hours, you must complete and pass 90 hours of Pre-Licensing coursework (75 hrs. of Real Estate Broker Topics and 15 hrs. of Broker Pre-Licensing, Applied Real Estate Principles-Interactive).
The pre-licensing courses from an approved Illinois Department of Financial and Professional Regulation (IDFPR) real estate education provider like The CE Shop, broker candidates must successfully take 90 hours. The coursework includes 15-hour interactive course in Applied Real Estate Principles and 75-hour Real Estate Broker Topics. You will be provided a link to sign up for a live webinar session over 3-4 days for the 15-hour interactive course. Until you are approximately 90% of the 75-hour course, it is recommended not to complete the 15-hour interactive course.
The CE Shop is designed specifically for aspiring and existing real estate professionals and offers coursework through its advanced online learning platform.
You can schedule your learning around any existing obligations because our courses combine the best education on the market with the ease and convenience of an online experience. To prepare you to pass your state licensing exam and enter the world as a real estate professional in Illinois, our courses offer real-world scenarios, situations, and examples that are relevant to the real estate industry.
Complete the course final exams.
The passing score is 75%, if you meet the minimum time requirement, and pass the practice exam, there is a final exam for each course after you complete all the course materials.
You’ll need to schedule an appointment with a proctor in advance and must take each final in the presence of a proctor. You need to find out more about our online proctoring here and the technical requirements. Its fee is $25 per exam.
Pass the IL Real Estate Sales Associate Examination.
The Applied Measurement Professionals (AMP) administers the Illinois real estate broker’s state licensure exam. The National Broker Portion, comprised of 100 questions used to compute your score and the State Broker Portion, containing 40 multiple-choice questions are two portions of the Illinois Real Estate Broker Examination. It takes about 3.5 hours.
The examination may include five questions that are being “pre-tested” for use in future versions of this examination, in addition to the questions used to compute your score. And your answers to these pre-test questions do not affect your score. And they are not identified. Its examination fee is $46.
Apply for licensure within one year of passing the exam.
You have up to one year to apply for your license after you’ve passed both sections of the Illinois Real Estate Broker Examination. Here are available for details and instructions for the online application.
Be sponsored by a Managing Broker.
There’s no such thing as a one-size-fits-all broker like anything in life. So how do you choose the best broker to sponsor you? For the way you want, do your research to ensure that the broker you choose represents you?. Looking for questions to ask?
- What kind of real estate agents are they looking for?
- How do they support their agents with education and training?
- What kind of commission structure do they offer?
- Do they offer benefits?
- Is there room to grow with the brokerage?
- Are they technologically advanced and up-to-date with the latest systems?
What is their reputation, both locally and nationally?
- Do they provide their agents with leads and marketing material?