The State of Illinois requires anyone who facilitates the buying and selling of real estate to hold an Illinois Real Estate Broker License (Illinois is a broker-only state). The following information outlines how to earn a license.
General Requirements for an Illinois Real Estate Broker License
- Be at least 21 years of age or older
- Hold a high school degree or equivalent
- Complete the 90-hour broker pre-license education
Illinois Broker Pre-Licensing Education
The State of Illinois requires 90 hours of pre-licensing education. Seventy-five (75) of those hours need to be dedicated to Real Estate Broker Topics and 15 of those hours must be dedicated to Broker Pre-License Applied Real Estate Principles – Interactive. In order for your education to qualify towards a license, you must choose an approved real estate course. Courses are offered in a traditional classroom setting or as individual study courses.
You will register for your real estate licensing exam before you complete your 90-hour course. Once you have completed the 90 hours the school will submit your eligibility to sit for the exam.
Take the Illinois Real Estate Course Online
You can take the Illinois Real Estate Prelicensing Course completely online and at your own pace. If you are considering getting your real estate license, this is the easiest means of meeting the educational requirements. You can even save 10% by entering coupon code “NEWAGENT” at checkout.
The Illinois Broker Licensing Examination
The Illinois Broker Licensing Exam is divided into two parts: national (100 questions) and state (40 questions). On your first attempt at the test you will be presented with both portions for a total of 140 questions. You will be given 3.5 hours to complete all of the questions. If you fail only one portion of the exam you will be able to retake that portion alone at a later date.
The exam is offered on computer only. You do not need to have any experience with computers in order to successfully navigate the exam. A practice session will be offered before the test and you may begin testing once you are comfortable with the computer.
A scaled score of 75 or above is considered a passing score for the broker exam. A scaled score is used instead of a percentage in order to account for differences in test versions.
Your test results will be printed at the testing center before you leave. If you do not pass, your test results will show diagnostic information to explain your score. You may retake just the section you failed when you are ready.
Obtaining Your Illinois Broker License
Upon passing the exam the testing center will provide you with a broker application containing information about how to apply and a 45-day permit sponsor card.