Are you wondering how you get your real estate license in Illinois? Thisis an exciting first step toward joining one of the most dynamic and rewarding industries in the Prairie State.
In this blog, we’ll break down the entire licensing process into manageable steps, covering requirements, costs, timelines, and insider tips to help you succeed. Whether you’re looking for a complete career change or want to add real estate expertise to your professional toolkit, you’ll learn everything you need to know about obtaining your Illinois real estate license.
Step 1: Meet the Basic Eligibility Requirements
Before you can begin your journey to become a licensed real estate agent in Illinois, you must meet several basic requirements:
Age: You must be at least 18 years old.
Education: You need a high school diploma or equivalent (GED).
Legal Status: You must be legally authorized to work in the United States.
Background Check: Illinois requires all applicants to undergo a criminal background check.
Residency: You don’t need to be an Illinois resident to get licensed in the state, but you must maintain a valid address where the Department of Financial and Professional Regulation (IDFPR) can reach you.
Step 2: Complete the Required Pre-License Education
Illinois requires 75 hours of approved pre-license education before you can take the state exam. This coursework must cover specific topics mandated by the state:
Required Course Topics:
Real estate law and regulations.
Property ownership and land use controls.
Valuation and market analysis.
Financing and real estate mathematics.
Real estate contracts and agency relationships.
Property management and landlord-tenant law.
Fair housing and ethical practices.
Choosing a School: Select an Illinois-approved real estate school. Options include:
Traditional classroom instruction.
Online courses.
Hybrid programs combining online and in-person elements.
Course Duration: Most students complete their 75 hours over 4-8 weeks, depending on their schedule and the format they choose.
Cost: Pre-license courses typically range from $300 to $800, depending on the provider and format.
Step 3: Apply for Your License and Schedule the Exam
Once you’ve completed your pre-license education, you can apply for your license through the Illinois Department of Financial and Professional Regulation (IDFPR).
Application Process:
Create an account on the IDFPR website.
Complete the online application form.
Submit proof of your completed 75-hour education.
Pay the application fee (currently $75).
Undergo the required background check.
Exam Scheduling: After your application is approved, you’ll receive authorization to schedule your exam with PSI Services, the testing provider for Illinois real estate exams.
Exam Fee: The state exam costs $65, paid directly to PSI Services when you schedule your test.
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Attend industry conferences and training seminars.
Find a mentor in the industry.
Stay updated on market trends and technology.
Final Tips for Success
Getting your real estate license is just the beginning of your journey. Success in real estate requires dedication, continuous learning, and excellent people skills. Consider these final recommendations:
Choose your sponsoring broker carefully, as they’ll play a crucial role in your early career development.
Be prepared for irregular income initially, and have financial reserves to support yourself during your first months.
Focus on building genuine relationships rather than just making sales.
Stay compliant with all continuing education and renewal requirements.
Consider specializing in a niche market to differentiate yourself from competitors.
Ready to take the first step? Start researching approved real estate schools in Illinois and begin your 75-hour pre-license education today. Your new career in real estate awaits!