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3 DIFFERENT TYPES OF ILLINOIS REAL ESTATE LICENSES

Anyone who wants to know about real estate training in Illinois should surely know about the types of Illinois real estate licenses. Knowing more about the Illinois rules can help me plan to pursue my Illinois real estate licenses.

Illinois clearly has a particular set of rules for real estate agents. I’ve to involve myself in the process to get my license and start out in this successful field.

If all of this sounds exciting to you, you’re probably ready to pursue a career as a real estate agent! Our team at Illinois Brokers Academy is here to help you with our real estate courses for any real estate career you want.

TYPES OF REAL ESTATE LICENSES

Have I been learning about what it takes to get an  Illinois real estate licenses? While I figure out what is involved in pursuing this rewarding career. I’ll also take out a moment to look at the bigger picture.

There are three different types of Illinois real estate licenses available: which are broker, managing broker, and leasing agent. Illinois Brokers Academy offers several pre-licensing and broker courses. Getting Illinois real estate licenses is contingent upon meeting requirements such as attending courses and clearing the exam. For broker licenses, I’ll need to gain some work experience instead of some of the educational requirements.

Illinois real estate licenses allow agents to perform specific functions:

Broker License

To qualify for a broker’s license, I undoubtedly have to attend a 90-hour pre-licensing course. The breakup of 90-hours are as 75-hours are from textbook material and the other 15-hours are from Interactive Session. I can attend both of the sessions from a classroom or via a webinar. After I attend an approved course, I must clear the final exam to receive credit for the course. If I clear the course exam, then only I can give the state licensing exam. Applied Management Professionals supervise the examinations at various examination centers throughout the state.

If you think a career in real estate is for you, now really is the time to start with managing broker classes.

Managing Broker

A managing broker directly administers other brokers. To be a licensed managing broker, I’ll need to undergo 45 hours of approved instruction, 15 of which must be the Applied Real Estate Principles course. I must also possess some real estate broker working experience for two out of the preceding three years in order to qualify as well.

Leasing Agent

To be a leasing agent in Illinois, I must first have a sponsoring broker. The broker should have a valid license in Illinois. After clearing this step, I must complete a 15-hour course. I can attend the course from a classroom or via self-study. Once I complete the course, I can then attempt the statewide exam.

Becoming an Illinois real estate agent begins with the right training course. Here at the Illinois Brokers Academy, we provide you with the real estate training you need to begin your career with. We have online, classroom, and self-study courses options so you can choose the one that is right for you. To find out more, contact us.