HOW TO BECOME A MANAGING REAL ESTATE BROKER IN ILLINOIS
FIVE SIMPLE STEPS
You must be 18 years or older and have a high school diploma or GED equivalent and have been licensed as a broker for 2 years.
1
Complete 45 hours of pre-licensing education
Perry Real Estate College offers this course completely online and completed at your own pace. Learn more about our courses here.
2
Complete the course final exam
After you finish the course, you will need to take an online proctored exam and pass with a minimum score of 75%.
3
Pass the Illinois Real Estate Exam
PSI administers the in-person state licensing exam. There are 140 questions based on the content outline here. You will have 4 hours to complete the exam.
4
Complete a background questionnaire
After you finish the examination, you will be required to answer a background questionnaire about criminal convictions or debts for taxes or child support. You will then be given instructions on applying to the Illinois Department of Financial & Professional Regulation (IDFPR) and the Division of Real Estate online.
5
Submit your license application
Complete the licensing process by submitting your licensing exam results to IDFPR along with the license fee of $150.00. Click here for more information.
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