Need help deciding which license type is right for you?
More aspiring Brokers choose IBA for their real estate education than any other school in Illinois.
We make it EASY to get a Broker license with programs to fit your schedule, leverage your learning style and importantly, by providing unparalleled support throughout your career.
Overview - Program Catalog - Class Schedule
Residential Leasing Agent
We offer two programs with one goal. Ease of completion!
Both of our streamlined programs are designed to help you learn everything you need to pass the state exam and quickly get licensed.
Managing Broker Pre-License Photo
After holding an active Broker license (or out-of-state equivalent) for at least two years, you can complete additional education and upgrade to the Managing Broker license.
Unlike other schools, IBA offers this specialized training on an ongoing basis, so that you can start today!
Compare Illinois Real Estate License Types
Leasing Agent Broker Managing Broker
Education & State Exam
Required Credit Hours 15 75 45
State exam style 50 Questions
Multiple Choice 140 Questions
Multiple Choice 10 Simulation Problems +
40 Questions Multiple Choice
State exam fee $35 $55 $55
Sell all property types
Lease residential property
Lease commercial property
Exchange all property types
Manage all property types
Supervision & Experience Requirements
Previous experience required None None 2 Years as a Broker
Must be supervised by a Managing Broker
Work under your own supervision
Supervise other licensees
Manage a sales or management office
Illinois Real Estate License Act of 2000 (Administrative Rules)