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Illinois State Requirements

Education Requirements

Salesperson Licensing Requirements

Salesperson's License - 45 hours of instruction in real estate courses approved by the Advisory Council.

Note: All applicants for a Salesperson or Broker's License are exempt from the above if -

  1. they are currently admitted to practice law by the Supreme Court of Illinois and are currently in active standing; or
  2. show evidence of receiving a baccalaureate degree including courses involving real estate or related material from a college or university approved by the Advisory Council.

Broker License Requirements

Broker's License - 120 classroom hours, 45 of which shall be those hours required to obtain a salesperson's license plus 15 hours in brokerage administration courses, in real estate courses approved by the Advisory Council. (For persons who already hold a Salesperson's license, they need 75 additional hours in Real Estate courses).

In addition to the general requirements, applicants for the real estate broker's license must also meet the following requirements:

Note: All applicants for a Salesperson or Broker's License are exempt from the above if -

  1. they are currently admitted to practice law by the Supreme Court of Illinois and are currently in active standing; or
  2. show evidence of receiving a baccalaureate degree including courses involving real estate or related material from a college or university approved by the Advisory Council.

Continuing Education Requirements

Salesperson and Broker

Requirements for both Brokers and Salespersons are 6 hours per year unless the license is received less than 1 year prior to the expiration date of that license.

Exceptions: those Brokers and Salespersons who, during the pre-renewal period (1) served in the armed services of the United States (2) serve as an elected State or federal official (3) serve as a full-time employee of OBRE, or (4) are admitted to practice law pursuant to Illinois Supreme Court rule.

No more than 6 hours of continuing education credit may be earned in one calendar day.

Salesperson's License shall expire on April 30 of each odd numbered year.

Broker's License shall expire on April 30 of each even numbered year.

REPORTING:

STUDENT REPORTING REQUIREMENTS

Each licensed CE school shall submit to the Division, on or before the 15th of each month, a report of those licensees passing CE courses offered by it during the preceding calendar month.

  1. The monthly reports shall, at a minimum, include the following information for each
    • the licensee's name, address, social security number, and license number;
    • the CE school's name and license number;
    • the CE course name, course license number, course category (core or elective), and credit hours; and such other information as may be required by the Division.
  2. If no courses were given by a CE school during the preceding calendar month, that CE school shall report in writing that no courses were given.
  3. The monthly reports shall be submitted on forms or in a computer readable format provided by the Division.
  4. There is no processing fee for a monthly report submitted in the computer readable format specified by the Division. Each monthly report submitted on paper or in a format other than that specified by the Division shall be accompanied by a processing fee of $.50 per licensee, per course listed on the report, payable by check to the Department of Financial and Professional Regulation.
  5. A monthly report received by the Division with a postmark after the day it is due (the 15th day of the month) shall be accompanied by an administrative fee of $200 in addition to the fees set forth in subsection (c)(4)(D).
  6. If a CE school fails to file monthly reports or a statement saying that no CE courses were given, or fails to pay the required fees for three successive months, then the courses offered by that school may be disqualified pursuant to procedures set forth in Section 30-15of the Act until all delinquent reports, processing fees, and administrative fees as set forth in this Section have been submitted to and are received by the Division. The Division shall send notice to the school of an informal conference before the Advisory Council and of pending disqualification pursuant to Section 30-15(d) of the Act by certified or registered mail, return receipt requested, or by other signature restricted delivery service.

The CE school will be responsible for verifying attendance at each CE course and providing a certificate of completion signed by the CE school.

CASE MANAGEMENT REQUIREMENTS

Each pre-license and CE school shall maintain for each student a record which shall include the course of instruction undertaken, dates of attendance, and areas of study completed satisfactorily. Each student's record shall be maintained by the pre-license school for a period of 5 years and shall be available for inspection by the student or by the Division or its designee during regular business hours. Upon request the CE school will make available to a licensee who has taken one or more of the CE school's courses the records dealing with the licensee's participation in those courses.