Illinois Real Estate License FAQs
We are here to help answer any questions you have about getting started in the real estate industry.
Everything You Need to Know to Get Your Real Estate Broker License in Illinois
We'd be worried if you didn't have questions! Getting your real estate broker license in Illinois is a big step, so to help, we've collected some frequently asked questions below.
How long does it take to get an Illinois real estate broker license?
The most time consuming factor to getting your license is completing the Pre-Licensing education requirement. The quickest way to complete the education requirement is to choose the 90 hours of pre-license education required and use the services of an online education provider like The CE Shop, where you can control the pace and tempo of your coursework, allowing you to complete the 90 hours as quickly as you want.
Which states does Illinois have real estate license reciprocity?
Colorado, Connecticut, Florida, Georgia, Indiana, Iowa, Nebraska, Kentucky, South Dakota, Wisconsin.
How much does it cost to get an Illinois real estate broker license?
Illinois Real Estate Educational Foundation (REEF) awards scholarships to students of real estate and related fields of study.
The fixed costs include:
- $46.00 for the broker exam fee
- $125.00 for the broker license application fee
The variable costs include:
- Pre-Licensing education tuition
Note: These costs are subject to be changed by the state at any time.
How do I get an Illinois real estate broker license?
To attain your real estate broker license in Illinois, the Illinois Department of Financial and Professional Regulation, Division of Real Estate, requires the following:
- Be at least 21 years old with a high school diploma or GED; or between 18 and 21 years of age with at least four semesters of post-secondary education in real estate as set forth by the Division of Real Estate
- Complete all Pre-Licensing coursework (90 hours of pre-license education required)
- Pass the Illinois real estate exam
- Be sponsored by a managing broker
What are the Post-Licensing and Continuing Education requirements for brokers?
New broker licensees are required to complete 30 hours of Post-Licensing for their first renewal cycle. Additional questions about Post-Licensing can be answered here. After the first renewal cycle for a broker, brokers are required to complete 12 hours of Continuing Education.
How can I determine how many Continuing Education (CE) hours I have?
Your list of completed CE courses may be found using CE Lookup.
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The Ultimate Guide to Becoming a Real Estate Agent in Illinois
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