How to Become a Real Estate Managing Broker in Illinois
Follow these steps per Illinois state requirements and you're on your way.
How To Get Your Illinois Managing Broker's License in 5 Steps
Becoming a managing broker may seem like a daunting undertaking at first, but we’ve demystified the process for you. Follow these simple steps to get started today!
Confirm you are eligible to become a managing broker.
To qualify one must be at least 21 years of age and hold a high school diploma or equivalent. Additionally, candidates must have an active and valid real estate broker license and be licensed for two of the past three years.
Complete the 45-Hr. IL Pre-Licensing Managing Broker coursework.
Managing broker candidates must successfully take 45 hours of pre-licensing courses from an approved Illinois Department of Financial and Professional Regulation (IDFPR) real estate education provider like The CE Shop. The course work includes 30 hours of Managing Broker Pre-Licensing Topics and a 15-hour interactive course in Managing Broker Pre-License Applied Management and Supervision. For the 15-hour interactive course, you will be provided a link to sign up for a live webinar session over 3-4 days. It is recommended not to complete the 15-hour interactive course until you are approximately 90% through the 30-hour course.
The CE Shop offers the coursework you need to be eligible to sit for the managing broker state exam. Uniquely designed specifically for real estate professionals. Classes are taught using real-world scenarios and practical examples designed to prepare you for your exam and give you the foundation you need to start your career as an Illinois managing broker.
Complete the course final exams.
After you complete all the course materials, meet the minimum time requirement, and pass the practice exam, there is a final exam for each course. The passing score is 75%.
You must take each final in the presence of a proctor. You’ll need to schedule an appointment with a proctor in advance. Find out more about our online proctoring here and the technical requirements you'll need here. There is a $25 fee per exam.
Schedule and take the state licensing exam.
Apply for your license.
Once you pass your Illinois real estate managing broker examination with AMP you will be provided directions in your passing score report on how to apply for your license. After you submit your licensing materials and pay the licensing fee with your application, you will be on your way to becoming a managing broker.
Ready to get started?
Check out our course and package options!
Start a free trial today.
Sign up for a free 5-day trial, no credit card required!