{"id":117633,"date":"2024-02-02T07:25:42","date_gmt":"2024-02-02T07:25:42","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/"},"modified":"2024-02-02T07:25:42","modified_gmt":"2024-02-02T07:25:42","slug":"how-to-become-a-licensed-real-estate-broker-in-illinois","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/","title":{"rendered":"How to become a licensed real estate broker in Illinois?"},"content":{"rendered":"<p>If you have a passion for real estate and enjoy interacting with people, becoming a licensed real estate broker in Illinois can be a rewarding career choice. As a licensed broker, you can represent clients in property transactions, assist with property management, and potentially earn a lucrative income. To help you navigate the process, here is a step-by-step guide on how to become a licensed real estate broker in Illinois.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#Step_1_Meet_Basic_Requirements\" title=\"Step 1: Meet Basic Requirements\">Step 1: Meet Basic Requirements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#Step_2_Complete_Required_Education\" title=\"Step 2: Complete Required Education\">Step 2: Complete Required Education<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#Step_3_Pass_the_Licensing_Exam\" title=\"Step 3: Pass the Licensing Exam\">Step 3: Pass the Licensing Exam<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#Step_4_Secure_a_Managing_Broker_Sponsorship\" title=\"Step 4: Secure a Managing Broker Sponsorship\">Step 4: Secure a Managing Broker Sponsorship<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#Step_5_Apply_for_the_License\" title=\"Step 5: Apply for the License\">Step 5: Apply for the License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#Step_6_Pay_the_Required_Fees\" title=\"Step 6: Pay the Required Fees\">Step 6: Pay the Required Fees<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#How_to_become_a_licensed_real_estate_broker_in_Illinois\" title=\"How to become a licensed real estate broker in Illinois?\">How to become a licensed real estate broker in Illinois?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#1_Can_I_become_a_real_estate_broker_in_Illinois_if_I_am_under_21_years_old\" title=\"1. Can I become a real estate broker in Illinois if I am under 21 years old?\">1. Can I become a real estate broker in Illinois if I am under 21 years old?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#2_Can_I_take_the_pre-licensing_education_online\" title=\"2. Can I take the pre-licensing education online?\">2. Can I take the pre-licensing education online?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#3_How_do_I_schedule_the_licensing_exam\" title=\"3. How do I schedule the licensing exam?\">3. How do I schedule the licensing exam?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#4_What_happens_if_I_fail_the_licensing_exam\" title=\"4. What happens if I fail the licensing exam?\">4. What happens if I fail the licensing exam?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#5_Can_I_work_as_a_real_estate_broker_without_a_sponsor\" title=\"5. Can I work as a real estate broker without a sponsor?\">5. Can I work as a real estate broker without a sponsor?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#6_How_long_does_it_take_to_process_the_license_application\" title=\"6. How long does it take to process the license application?\">6. How long does it take to process the license application?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#7_Are_there_any_continuing_education_requirements\" title=\"7. Are there any continuing education requirements?\">7. Are there any continuing education requirements?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#8_Can_I_transfer_my_broker_license_from_another_state_to_Illinois\" title=\"8. Can I transfer my broker license from another state to Illinois?\">8. Can I transfer my broker license from another state to Illinois?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#9_What_is_a_managing_broker\" title=\"9. What is a managing broker?\">9. What is a managing broker?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#10_Can_I_work_independently_as_a_real_estate_broker\" title=\"10. Can I work independently as a real estate broker?\">10. Can I work independently as a real estate broker?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#11_Is_there_a_background_check_as_part_of_the_application_process\" title=\"11. Is there a background check as part of the application process?\">11. Is there a background check as part of the application process?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#12_Are_there_any_moral_character_requirements\" title=\"12. Are there any moral character requirements?\">12. Are there any moral character requirements?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Step_1_Meet_Basic_Requirements\"><\/span>Step 1: Meet Basic Requirements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To become a licensed real estate broker in Illinois, you must meet some basic requirements:<\/p>\n<ul><\/p>\n<li>\tBe at least 21 years old<\/li>\n<p><\/p>\n<li>\tHave a high school diploma or equivalent<\/li>\n<p><\/p>\n<li>\tHave a valid Social Security Number<\/li>\n<p>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Step_2_Complete_Required_Education\"><\/span>Step 2: Complete Required Education<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The state of Illinois requires aspiring real estate brokers to complete 90 hours of pre-licensing education from an approved provider. This education covers various topics related to real estate including contracts, real estate law, property management, and more.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_3_Pass_the_Licensing_Exam\"><\/span>Step 3: Pass the Licensing Exam<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Once you have completed the required education, you need to pass the Illinois real estate broker licensing exam. The exam consists of both national and state-specific portions, and passing scores are required for each section.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_4_Secure_a_Managing_Broker_Sponsorship\"><\/span>Step 4: Secure a Managing Broker Sponsorship<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before applying for your license, you are required to secure a managing broker sponsorship from an Illinois licensed managing broker. The managing broker will supervise your activities as a new real estate broker and provide guidance as you gain practical experience.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_5_Apply_for_the_License\"><\/span>Step 5: Apply for the License<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>After fulfilling the previous steps, you can submit your license application to the Illinois Department of Financial and Professional Regulation (IDFPR). The application includes personal and background information, education details, exam scores, and your managing broker sponsorship.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_6_Pay_the_Required_Fees\"><\/span>Step 6: Pay the Required Fees<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As part of the application process, you will need to pay the applicable fees. The current fee for a real estate broker license in Illinois is $125.<\/p>\n<p>**<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_become_a_licensed_real_estate_broker_in_Illinois\"><\/span>How to become a licensed real estate broker in Illinois?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>**<\/p>\n<p>To become a licensed real estate broker in Illinois, you must meet the basic requirements, complete 90 hours of pre-licensing education, pass the licensing exam, secure a managing broker sponsorship, apply for the license, and pay the required fees.<\/p>\n<p>**FAQs:**<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_I_become_a_real_estate_broker_in_Illinois_if_I_am_under_21_years_old\"><\/span>1. Can I become a real estate broker in Illinois if I am under 21 years old?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, you must be at least 21 years old to obtain a real estate broker license in Illinois.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Can_I_take_the_pre-licensing_education_online\"><\/span>2. Can I take the pre-licensing education online?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, Illinois allows you to complete the required 90 hours of pre-licensing education online through approved providers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_do_I_schedule_the_licensing_exam\"><\/span>3. How do I schedule the licensing exam?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYou can schedule your real estate licensing exam through a testing provider approved by the state of Illinois.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_happens_if_I_fail_the_licensing_exam\"><\/span>4. What happens if I fail the licensing exam?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you fail the licensing exam, you can retake it. You will need to wait a certain period before retaking the exam and pay the examination fee again.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_I_work_as_a_real_estate_broker_without_a_sponsor\"><\/span>5. Can I work as a real estate broker without a sponsor?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, Illinois requires you to have a managing broker sponsor before applying for a real estate broker license.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_How_long_does_it_take_to_process_the_license_application\"><\/span>6. How long does it take to process the license application?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe processing time for a real estate broker license application in Illinois can vary, but it generally takes a few weeks to a few months.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Are_there_any_continuing_education_requirements\"><\/span>7. Are there any continuing education requirements?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, to maintain an active real estate broker license in Illinois, you must complete continuing education courses every two years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_I_transfer_my_broker_license_from_another_state_to_Illinois\"><\/span>8. Can I transfer my broker license from another state to Illinois?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, Illinois has reciprocity agreements with certain states, allowing you to transfer your broker license. You may need to meet additional requirements and pass a state-specific portion of the exam.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_What_is_a_managing_broker\"><\/span>9. What is a managing broker?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA managing broker is a licensed real estate broker who has additional qualifications and is authorized to oversee and supervise other real estate brokers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_I_work_independently_as_a_real_estate_broker\"><\/span>10. Can I work independently as a real estate broker?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, once you obtain your real estate broker license in Illinois, you can choose to work independently or join a real estate brokerage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Is_there_a_background_check_as_part_of_the_application_process\"><\/span>11. Is there a background check as part of the application process?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, the Illinois Department of Financial and Professional Regulation (IDFPR) conducts a background check as part of the license application process.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Are_there_any_moral_character_requirements\"><\/span>12. Are there any moral character requirements?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, Illinois requires real estate broker applicants to meet certain moral character requirements, which are evaluated during the background check process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you have a passion for real estate and enjoy interacting with people, becoming a licensed real estate broker in Illinois can be a rewarding career choice. As a licensed broker, you can represent clients in property transactions, assist with property management, and potentially earn a lucrative income. To help you navigate the process, here &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How to become a licensed real estate broker in Illinois?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/#more-117633\">Read more<span class=\"screen-reader-text\">How to become a licensed real estate broker in Illinois?<\/span><\/a><\/p>\n","protected":false},"author":20,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-117633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to become a licensed real estate broker in Illinois?<\/title>\n<meta name=\"description\" content=\"If you have a passion for real estate and enjoy interacting with people, becoming a licensed real estate broker in Illinois can be a rewarding career\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to become a licensed real estate broker in Illinois?\" \/>\n<meta property=\"og:description\" content=\"If you have a passion for real estate and enjoy interacting with people, becoming a licensed real estate broker in Illinois can be a rewarding career\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/how-to-become-a-licensed-real-estate-broker-in-illinois\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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