Interested in becoming a Real Estate Broker?
The real estate industry is an exciting field to join, where you can truly make your career your own with the potential for high earnings and a flexible schedule. If you choose to become a real estate broker, you must complete Broker Pre-Licensing courses.
According to Illinois License Law, a person needs a real estate license if they provide assistance which is in any way intended in the sale or lease of real estate such as representing clients in the negotiation of real estate sales contracts or leases, and issuing advertisements for the sale, purchase or lease of real estate. The assistance must be provided to others. Accordingly, a person who buys, sells or leases real estate as a "principal" does not need a real estate license.
- Be at least 21 years old
- High school graduate or obtained the equivalent of a high school degree (GED)
- Be of good moral character
Six Steps to Become a Licensed Broker
- Take and pass the 75-hour course and exam
- Take and pass the 15-hour interactive course and exam
- Take and pass state and national exam
- Find a Sponsoring Broker (Managing Broker)
- Apply to the Illinois Department of Financial & Professional Regulation (IDFPR) for a real estate license
- Complete 30-hour post license class by first renewal