A Broker License will allow you to represent buyers, sellers, landlords, and tenants. This license is required to be a property manager in Illinois.
Two courses must be completed prior to sitting for the State of Illinois Broker Licensing Exam. The first course is 75 hours and can be taken in a live or “home study” setting. The second portion, the 15 Hour course, must be taken in a live, interactive setting. A total of 90 Hours of Pre-Licensing education must be completed prior to sitting for the state exam.
The State of Illinois (IDFPR) requires 90 Hours of Pre-Licensing Education to sit for the Broker’s License Exam.
The curriculum is divided into two parts:
Part 1: 75 Hours (Can be taken Live, Online or Home Study)
Part 2: 15 Hours (Must be taken LIVE; this is an interactive review of several topics from the 75 Hour course) This course may be taken at ANY State approved school.
30 Hour Broker Course This course is available to brokers who became licensed AFTER February 1, 2018. This course is required for your first renewal (due by 4/30/2020) in lieu of CE. This 30 hour course fulfills the final requirement of the 120 Hour requirement as set forth by the IDFPR.
Part 1: 15 Hours: Home Study (you will receive a book and a practice exam. You will take your final exam at the school on the first day of “Part 2.” Three attempts at the final exam will be offered along with a money-back guarantee that you will pass!
Part 2: 15 Hours: LIVE (IDFPR requires that this portion is taken in a live or webinar setting): No final exam required!
Class meets on Saturdays, October 5th & October 12th, 9:00 a.m.-4:30 p.m. (There will be a 30 minute lunch break at noon). *Full attendance is required at both sessions. Latecomers will be transferred to the next upcoming session in January, 2020.
Early Bird Special Pricing: Only $175 for all 30 Hours!
Most frequent questions and answers
A Managing Broker’s License is required to sponsor yourself or another; a person must hold a Broker’s license for at least 2 years in order to obtain a Managing Broker’s License. A Broker’s License allows a person to be sponsored by a Managing Broker and will allow you to assist a person with buying, selling or leasing or managing a property.
When you pass the state exam, you can begin working as a Real Estate Agent as soon as a Sponsoring Broker hires you. (Sometimes that same day!)
No, you do not need any prior sales experience to obtain a real estate license in Illinois.
The course is challenging, however, many students that have been out of school for years seem to really enjoy the course and usually have no problem understanding the material.
A Realtor® is a Broker that has joined the National Association of Realtors. Membership requires adhering to a strict code of ethics and includes access to the MLS (Multiple Listing Service).
The State exam is offered daily, Monday through Saturday at various Chicagoland locations. More information can be obtained by visiting goamp.com.
The State DOES NOT do a credit check for a real estate license.
Yes, most offices will allow a Broker to work full or part time.
At Net Real Estate School your exam results are given immediately after you take your exam. The AMP testing center will also give you the results of your State exam immediately after you test.
We highly recommend the ExamSmart program which can be accessed for 90 days by visiting www.examsmart.com.
The initial state licensing fee for the Broker license is $125.00. Membership with the Realtor organization is common at most residential offices and is approximately $1,000-$1,200 to join, then about $988 per year. Students have up to one year to become sponsored (hired) at an office after passing the state exam.