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Broker Licensing Program

In Illinois a career in real estate begins with a broker’s license. Once you obtain your broker’s license you will need to find a Managing Broker to sponsor you for at least two years. After two years, if you wish to operate a sole proprietorship or open your own office, you can obtain a Managing Broker’s License.

Who Needs a License?

According to Illinois 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

Licensing Requirements

  • Be at least 21 years old
  • Have graduated from high school or obtained the equivalent of a high school degree (GED)
  • Be of good moral character

Six Steps to Become a Licensed Broker:

  1. Take and pass 75-Hour Course/Exam
  2. Take and pass 15 Hour Interactive Course/Exam
  3. Take and pass State & National Exam
  4. Find a Sponsoring Broker
  5. Apply to the state for license
  6. Complete 30 Hour Post (15+15) by first renewal