How much does it cost to take the Illinois real estate exam?
The Illinois real estate exam will cost students $58. There are other fees associated with licensing, but you can expect the test alone to cost this much.
What score do I need to pass the Illinois real estate exam?
In order to pass the Illinois real estate exam, you'll need a score of at least 75%. Passing the exam is much easier (and less stressful) for anyone who has completed an Exam Prep course.
Is the Illinois real estate exam hard?
While the majority of students pass their real estate exam, a passing score isn't guaranteed. In Illinois, about 33% of students have to retake the test in order to pass. The best way to alleviate your nerves and pass the test is to work hard and prepare as much as possible.
Where do I take the Illinois real estate exam?
The Illinois real estate exam must be taken at an approved testing facility. There are 30 approved PSI testing facilities all across Illinois. Visit the GoAmp website to find the location nearest you.
What topics are covered on the Illinois real estate exam?
The topics covered on the real estate exam include the following:
- Property Ownership
- Land Use Controls and Regulations
- Valuation and Market Analysis
- Financing
- General Principles of Agency
- Property Disclosures
- Contracts
- Leasing and Property Management
- Transfer of Title
- Practice of Real Estate
- Real Estate Calculations
Can you take the Illinois real estate exam online?
You cannot take the Illinois real estate exam online. Students need to go to an approved PSI testing to be monitored throughout the test.
When will I get my Illinois real estate exam results?
Most students receive their results shortly after taking the exam, ranging from the same day to within a week.
Can you retake the Illinois real estate exam?
Illinois students can take the real estate exam a total of four times. If you pass either the National or State portion of the exam, you won't need to retake that part; you'll only need to re-do the portion you didn't pass.