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Illinois Real Estate License Requirements

Illinois Real Estate License Requirements

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Requirements 
                to apply for Illinois Real Estate Sales  Associates License

Requirements to apply for an Illinois Real Estate Sales Associates License

An individual who wants to obtain an Illinois real estate license must be at least 21 years of age (at the time of licensing), and provide proof of legal presence in the United States.

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Steps 
                          for obtaining a Illinois Real Estate License

Steps for obtaining an Illinois Real Estate License

Additionally, the above qualified candidate must complete the required pre-license education requirements (subject to the few exemptions below), pass a test, and file an application with the required fee.


Illinois Real Estate Pre-license Education Requirements:

Real Estate Leasing agent license = 15 hours of instruction in an approved course of study relating to the leasing of residential property.

Real Estate Salesperson license = 45 hours of instruction in approved courses, and a minimum of 15 of these hours must be in the areas of Article 15 of the Act (agency), disclosure and environmental issues, or any other current topic as determined by the Education Advisory Counsel.

Real Estate Broker license for a person who does not already have a salesperson license = 120 hours of instruction in approved courses, 45 of which shall be those hours required to obtain a salesperson license, plus at least 45 hours of mandatory courses as outlined in Section 1450.60 of the Rules.

Real Estate Broker license for a person who does already have a salesperson license = 75 hours of instruction in approved courses (not including the 45 hours required to obtain the salesperson license).

The persons who are exempt from pre-license education are:

  1. persons who are Illinois licensed attorneys

  2. persons who have received a baccalaureate degree with courses involving real estate or related material from a college or university approved by the Advisory Council

    • contact the Licensing Department in Springfield to determine whether a specific baccalaureate degree qualifies

  3. persons who qualify based upon reciprocity with another state:
    • Colorado - Department of Regulatory Agencies Division of Real Estate
    • Connecticut - Department of Consumer Protection Occupational and Professional Licensing Division
    • Georgia - Real Estate Commission
    • Indiana - Professional Licensing Agency
    • Iowa - Real Estate Commission
    • Kentucky - Real Estate Commission
    • Missouri - Real Estate Commission
    • Nebraska - Real Estate Commission
    • South Dakota - Real Estate Commission
    • Wisconsin - Department of Regulation and Licensing
Information regarding pre-license education schools and testing locations may be found on the IDFPR web site.
Application forms are also available on the IDFPR web site. The application must include the certification of a passing score on the exam, a properly issued sponsor card, and a check for the license. The current fees for each license are available on the IDFPR Web Site.



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Illinois Real Estate Pre-Licensing Requirements

1. How many hours of pre-licensing education do I have to take before I can take the licensing exam?

Real Estate Salesperson -
Before you can take the Illinois salesperson exam, you must complete the 45 Hour Real Estate Transactions course.

Real Estate Broker –
Broker applicants are required to complete 120 hours of approved course work, 45 hours of which shall be the 45 hours required to obtain a salesperson's license, 15 hours of Advanced Principles, 15 hours of Brokerage Administration, 15 hours of Contracts and Conveyances, and two 15 hour approved Elective courses.

Illinois applicants with a valid sales license only need
to complete an additional 75 hours of approved course work.

Illinois applicants who are currently admitted to practice law by the Illinois Supreme Court and currently in active standing are exempt from the educational requirements and applicants with a Bachelors or Masters degree in accounting, business, law, finance or real estate may be exempt from the educational requirements. Please contact the Illinois Office of Banks and Real Estate for further details.


2. What is required to complete the course?

To complete the course, you must score 75% or more on a proctored final exam. The exam consists of 150 questions.

3. What do I do once I successfully complete the course?

Once you complete the course and pass the final exam, you will be able to print off your Course Completion Certificate. In addition, you will receive an original certificate via postal mail.
Real Estate Salesperson candidates - once you receive your original certificate, you can then schedule to take the licensing examination. For more details go to the Illinois Department of Financial and Professional Regulations at the Division of Banks and Real Estate website.


Real Estate Broker candidates - once you have completed all your pre-licensing coursework and have received all of your original certificates, you can then schedule to take the licensing examination. For more details go to the Illinois Department of Financial and Professional Regulations at the Division of Banks and Real Estate website.

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Illinois Real Estate License Continuing Education Requirements

In August of 2004 the Illinois Department of Financial and Professional Regulations at the Division of Banks and Real Estate repealed the continuing education grandfather exemption for those real estate brokers and salespersons who had been licensed for over 15 years prior to January 1, 1992.

Real estate salespersons will be required to take six hours of continuing education of which three hours must be in the core curriculum. Previously exempted real estate brokers will be required to take twelve hours of continuing education of which six hours must be in the core curriculum. Read the official notice here.

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