Illinois Real Estate License Requirements for 2023
The State of Illinois requires anyone wanting to become a licensed real estate broker, real estate managing broker or real estate salesperson to meet certain education and experience requirements. All applicants must complete the required pre-license education, pass the state license examination, provide a certificate of good standing, undergo a background check, possess a valid driver’s license, and submit to the Department a complete license application and fee.
Education Requirements:
- Real Estate Broker: Completion of 90 classroom hours in real estate courses after completing the Salesperson Pre-license 75-hour course.
- Real Estate Managing Broker: Completion of 120 classroom hours in real estate courses, including the 90-hour Broker Pre-license course and the 30-hour Managing Broker course.
- Real Estate Salesperson: Completion of 75 classroom hours in real estate courses.
Examination and Background Check Requirements:
In addition to the educational requirements, each applicant must submit to a background check and pass the state’s real estate license examination. The examination consists of a 90-minute national section and a 60-minute Illinois state-specific section.
Application Requirements:
After passing the examination and completing the educational requirements, applicants must submit a license application and fee to the Department. The application must include a valid driver’s license, a certificate of good standing, and any required surety bonds. Once the application has been approved, the applicant will be issued their license.
Conclusion
The State of Illinois requires all prospective real estate brokers, managing brokers and salespeople to meet certain pre-license educational and examination requirements. In addition, applicants must submit a complete license application and fee to the Department, which includes a certificate of good standing, a valid driver’s license, and any surety bonds required for the license type. While these requirements can seem daunting, meeting them is the first step to a profitable career in the real estate industry.