where to take illinois realtor course

The State of Illinois requires aspiring brokers to complete an additional 15-hour interactive prelicensing course that’s focused on state-specific content. This course can be taken either in person or through a live webinar. Kaplan and Inland School of Real Estate both offer this required course.

Full Answer

How long does it take to become a real estate agent in Illinois?

It takes most people between three and six months to become a broker in Illinois. You can apply for a real estate license after completing your 75-hour prelicensing course and after you pass the Illinois license exam with a grade of 75% or higher.

Where do I take the Illinois broker exam?

Please visit http://schedule.psiexams.com for a complete listing of available Test Centers. You can also run a zipcode search visiting PSI.

How do you become a realtor in the state of Illinois?

Step 1: Complete 75 required hours of Broker Pre-License coursework. ... Step 2: Pass State & National Licensing Exam (administered by PSI) ... Step 3: Obtain Managing Broker sponsorship. ... Step 4: Complete IDFPR online application process. ... Step 5: IDFPR confirms information and issues license.

When can I take the Illinois Real Estate Exam?

You have up to two years after finishing your pre-license education to schedule your Illinois State licensing exam.

What is the pass rate for the Illinois real estate exam?

75%The passing rate for the Illinois Real Estate Broker Exam is 75%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously.

How much does a realtor in Illinois make?

The average salary for a realtor is $100,861 per year in Illinois. 122 salaries reported, updated at August 29, 2022.

How much does a new realtor make in Illinois?

Real Estate Agent Salary in IllinoisAnnual SalaryMonthly PayTop Earners$124,452$10,37175th Percentile$85,829$7,152Average$71,681$5,97325th Percentile$51,497$4,291

Is the Illinois real estate exam hard?

Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.

Is the Illinois real estate exam online?

The sample exam is offered online and a link is sent out to all students at the end of each course. The sample exam contains 125 multiple-choice questions. You'll have 3 ½ hours to complete the test, and a score of 75% is considered passing (results are provided immediately upon completion).

How long is the real estate exam in Illinois?

3.5 hoursPass the Illinois Real Estate Broker Examination You will have 3.5 hours to take this 140-question test comprised of two portions, covering both state and national requirements.

How do I schedule the Illinois real estate exam?

How do I schedule an exam? Broker candidates qualifying (under the 75 hour qualification) take the exam by completing the 60 hour Broker Pre-License Topics and the 15 hour Broker Pre-License Applied Principles course need only call 800-345-6559 to schedule an exam.

What do I need to bring to my Illinois broker exam?

For managing brokers:Proof of age 20 and above.Proof of completion of 45 hours of Pre-License Education.You must have a high school diploma or equivalent.You must have an active, valid Illinois real estate broker license.You must have had an active real estate license for 2 of the past 3 years.More items...

How do I schedule the Illinois real estate exam?

How do I schedule an exam? Broker candidates qualifying (under the 75 hour qualification) take the exam by completing the 60 hour Broker Pre-License Topics and the 15 hour Broker Pre-License Applied Principles course need only call 800-345-6559 to schedule an exam.

What do I need to bring to my Illinois broker exam?

For managing brokers:Proof of age 20 and above.Proof of completion of 45 hours of Pre-License Education.You must have a high school diploma or equivalent.You must have an active, valid Illinois real estate broker license.You must have had an active real estate license for 2 of the past 3 years.More items...

How many questions are on the Illinois managing broker exam?

How long is the Illinois managing broker real estate license exam? The exam is composed of 58 questions. You will be allotted four hours to take the exam.

Is the Illinois real estate exam hard?

Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.

Real Estate School of Illinois

LOW PRICE GUARANTEE! IF YOU FIND A LOWER PRICE FOR THE 75-HOUR ONLINE BROKER PRELICENSING PACKAGE, WE WILL BEAT IT BY 10%.

Be on your way to a career in real estate in no time

We are a fully-accredited real estate school (Illinois License: 515.000029) that offers quality online real estate classes for brokers throughout the state of Illinois at the guaranteed lowest prices.

Best Illinois Real Estate Schools

Illinois real estate agents have ranked the very BEST real estate courses in Illinois to make sure you start your new career right. Want to see the full, in depth editor reviews for each school? Check out our 100% free guide to the best real estate schools in Illinois (includes the latest 2022 pricing, reviews, pass rates, and more).

Best Online Real Estate Schools in Illinois

Illinois home prices are up as inventory is tight. Lots of people are looking to swoop up homes across the state, which is driving up prices. While it’s a hard time to be a buyer, it’s the perfect time to become an agent. The higher the home price, the more you’ll make in commissions.

The CE Shop

Although The CE Shop is considered a newer real estate school with only 15 years in business, it quickly became popular among students. They use an interactive and inquiry-based approach in their courses that are approved by the Illinois Division of Real Estate and accredited by ARELLO.

Real Estate Express

Real Estate Express is a reputable online real estate school part of a family of brands called Colibri Group. They provide learning solutions for licensed professionals in real estate, property appraisal, engineering, nursing, mental health, massage therapy, and cosmetology.

Kaplan

Kaplan considers themselves as “ the country’s premier real estate school providing real estate licensing and continuing education (CE) courses.” They have over 80 years of experience in providing education in multiple industries, with their real estate education provider being known as Kapre.

Real Estate School of Illinois

Real Estate School of Illinois is fully approved and accredited by the State of Illinois. One of their trademarks is their goal to provide the lowest cost of all. If anyone finds the course for a lower price than them, they will beat it by 10%.

Real Estate Institute

Real Estate Institute has been a local leader in providing real estate education in Illinois for over 25 years. It was founded in 1992 and currently has over 150,000 students who obtained their license through them.

How many hours does a real estate broker course take?

This course is designed to meet 15 of the 45-hour post-licensing curriculum requirement for real estate brokers as set forth by the State of Illinois. The three required courses address core topics that are essential to the development of a new licensed real estate broker, including Illinois license law, agency obligations and disclosure, purchase agreements and other contracts. The course, which features video advice from experts, requires students to apply their knowledge using a variety of instructional techniques, including ethical activities, case studies, scenario-based questions, quizzes, and a practicum exercise.

How long has the instructor Q&A been in real estate?

Our prized “Instructor Q&A” leaders have almost 80 years of combined real estate experience!

What is a pre-license broker course?

This Broker Pre-license course will address several important topics that brokers will likely face on a day-to-day basis. These topic points include listing preparation, buyer representation, agency types, presenting and negotiating offers, and case studies near the start of the course. Then, students will learn about how to deal with multiple offers, how to manage assistants, and how to perform CMA and pricing. Later in the course, brokers will learn how to minimize risk, handle escrow accounts, handle distressed properties, anti-trust, and inspection repairs.

What is Real Estate Express?

aspiring agents of Illinois, you're in good hands: Real Estate Express is the leading real estate education provider in your state, which means you get what you need, when you need it, from the best in the industry. With us, students can choose the learning style that best fits their needs. Through multiple learning channels — like self-paced online courses or livestream classes — enjoy comprehensive, flexible education that, to date, has prepared thousands of agents for exam time. Additionally, our real estate license school is accredited by ARELLO and IDECC.

How many final exams are there for a license?

Two national and three state final exams to prepare you for your licensing exam. You can view a breakdown of your results by the topics you will encounter on the state licensing exam.

What are the Steps to get a real estate license in Illinois?

Get the required education from an approved real estate license school. Currently this is 75 hours of real estate topics and applied principles

What is the Illinois Broker Academy?

Illinois Broker Academy provides real estate broker courses online, and in virtual and classroom settings to help you earn your real estate license, renew your license and grow your career. When you need real estate pre-license courses, post-license courses or continuing education, IBA has all the tools you need to succeed. IBA offers real estate license classes online and in person, including real estate agent course online in Chicago and suburbs.

What does a real estate broker do after passing Illinois?

What does a Real Estate Broker Do After Passing Our Illinois Real Estate Course? A real estate broker, real estate agent or realtor is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] .

What is IBA real estate?

IBA is an Illinois Real Estate School offering Online and Live Real Estate Classes in Chicago and suburbs. View Courses.

How long does it take to get a real estate license?

Once you pass the real estate exam with a score of 75% or more on both the national and the state portion, you will be ready to apply to receive your 45-day license permit

Do sellers need to disclose their real estate?

sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency, and many states require written disclosures to be signed by all parties outlining the duties and obligations.

Is a broker a dual agent?

Only the broker himself is the Dual Agent. Transaction brokers provide the buyer and seller with a limited form of representation but without any fiduciary obligations. Having no more than a facilitator relationship, transaction brokers assist buyers, sellers, or both.