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Indian Head Park IL Broker Courses for Real Estate Licensing in Illinois

Did You Know?

Indian Head Park is a village in Cook County, Illinois, slightly north of the intersection of Interstate 294 and Interstate 55. The village is south of Western Springs, west of Countryside, north and east of Burr Ridge. The population was 3,809 at the 2010 census. The village's ZIP code is 60525 (La Grange).
According to the 2010 census, Indian Head Park has a total area of 0.938 square miles (2.43 km2), of which 0.93 square miles (2.41 km2) (or 99.15%) is land and 0.008 square miles (0.02 km2) (or 0.85%) is water.

Featured Course Options for Real Estate Broker Licensing in Indian Head Park

100% Online Home Study Package - Self-Paced
75 Hour Discounted Package for new brokers in Indian Head Park
Mixed Online Option - Self-Paced + Attend Pre-Schedules Live Webinars for Extra Preparation
75 Hours Online Plus Live Webinars
Online - Only 60-Hour Real Estate Topics Course

Online - Only 15-Hour Applied Real Estate Principles Course

Why Should You Choose IBA for Your Real Estate Education?

As one of our students said recently "If you need to take any real estate course, go with IBA, I’m serious." This confidence by our students from Indian Head Park and all across the Illinois areas is a result of our relentless pursuit for excellent education and service.‎Get a Illinois Real Estate Broker License in Indian Head Park to start your career ‎Career in real estate.
If you're looking for the most relevant Illinois real estate courses, IBA's Real Estate Education has got you covered. Choose The Real Estate Package in Indian Head Park That's Best For You At 40% Off For A Limited Time. We also have a Low Price Guarantee.

We have online classes to make sure you study in your busy schedule. The 60 hour online self study broker pre-licensing course lets you learn at your own pace and complete the work on your schedule. You can trust IBA Education to provide the best education.

Steps to Becoming a Real Estate Agent in Indian Head Park
1. Successfully complete an approved 75 clock hour Pre-Licensing course with 60 hours of Pre-Licensing education and 15 mandatory interactive hours.
2. After you complete all the course materials, meet the minimum time requirement, and pass the practice exam, you must pass a course final exam.
3. You will have 3.5 hours to take this 140-question test comprised of two portions, covering both state and national requirements.



What Types of Seller or Buyer Queries Do Indian Head Park Licensed Brokers and Realtors Handle?

Can you see the property information pack?

Information packs are created to give to prospective buyers at viewings and open homes but can also be requested ahead of viewing. They contain information that should help you make initial decisions about whether the property meets your needs and whether you want to view it or not.
Information packs will vary between agencies but may include some of the following items:
a.A brochure or flyer including photographs and basic information about the property like the number of bedrooms.
b.A floorplan.
c.A record of title.
d.A recent LIM report.
e.A property inspection report.
f.Body corporate rules, if you're looking at an apartment.
g.Annual rates paid to the local council.
Real estate agents may provide a recent property inspection report commissioned by the seller. However, we recommend that you get your own report from an independent and accredited property inspector. If you rely on information from a seller's report to make an offer and later find that things in the report are wrong, you won't have the option to address this with the property inspector because the seller was their client, not you.
When you commission a property inspection report, make sure it is with an accredited inspector who has a good level of indemnity insurance in case you need to repair something that wasn't picked up in the report.

Do I need to do a final walk-through?

It's not required, but it's a darn good idea! Final walk-throughs give buyers a chance to make sure nothing had changed since their first visit. If repairs were requested, as part of the offer, a follow-up visit ensures that everything is squared away, as expected, per the terms of the contract.

How much does an estate agent in Indian Head Park make monthly?

A Real Estate Agent in your area makes on average $7,072 per month or $164 (2%) more than the national average monthly salary of $6,908. ranks number 1 out of 50 states nationwide for Real Estate Agent salaries.

Why are home inspections important?

A home inspection is an all-encompassing examination of the condition of a home. The home inspection process is often but not always performed at the time of the sale of the home. A home is one of the most important purchases one will ever make. A home inspection is an inexpensive way to discover the universal condition of a home. It is important to conduct a home inspection to avoid a costly mistake by purchasing a property in need of major repairs. Even if you think you have found a "dream home," it is a home inspector's responsibility to let you know that your "dream home" may not be just right.
A professional home inspector is a professional who will conduct an inspection of the general condition of the home. A good home inspection will assist a buyer in understanding exactly what they are about to acquire. A home may look move-in ready, but an inspector will cover features of the house such as electrical wiring, plumbing, roofing, insulation, as well as structural features of the home and may unveil issues that are not noticeable to the buyer's eye. As a buyer, you are making a vast investment, and it is important to understand exactly what you are purchasing. Having a professional home inspector conduct a thorough inspection of the prospective property could be compared to taking out an insurance policy against all potential operating costs.
There are many different types of home inspection processes that you may want to conduct before the purchase of a home. First and most importantly, you would need a general or residential inspection performed on the home. The professional home inspector would inspect the structure, exterior, roof, electrical, plumbing, HVAC, interior, insulation, and ventilation. Once the inspection is completed, the home inspector will generally provide the buyer with a report suggesting any improvements or repairs deemed necessary to bring the home up to current standards. Home inspections may often reveal problems with a home that could be pricey to fix. This could be used as a great tool in purchasing negotiations with the seller. As the buyer, you may be able to negotiate the price depending on what the inspector has found. If flaws were found within the home, the buyer now would have a couple more options in negotiations. A buyer could negotiate a credit with the sellers, have the seller pay for repairs before the closing, purchase the home as-is, or walk away from the purchase if the issues seem too problematic.
Another home inspection process a buyer may want to have before the purchase of a home would be a termite/wood destroying organism inspection. This professional inspector would check for signs of structural damage caused by wood-boring insects. These insects may cause problems down the road. A general home inspector may perform this inspection for an additional cost, or recommend a WDO/WDI inspector to the buyer.
A radon inspection is also important when purchasing a home. Radon is a radioactive gaseous element formed by the breakdown of radium, that occurs naturally especially in areas over granite, and is considered hazardous to health. Radon gas from natural sources can accumulate in homes, especially in confined areas such as attics and basements. Radon levels fluctuate naturally, therefore testing for high levels is important. A radon test consists of using a radon kit that would be hung or placed in the lowest habitable floor of the house for two to seven days. After the kit sits for the required amount of time, the inspector sends the kit to a lab for analysis. If a radon test comes back high, some ways to alleviate the radon could be: sealing concrete slab floors, basement foundations, and water drainage systems. This could be a costly fix, suggesting the importance of radon inspections. Some general home inspectors will also do radon testing at an additional cost. It is important you ask your inspector if he performs these inspections, or for recommendations.
Other inspections that you may want before purchasing a home may be well water testing, oil tank testing, and septic tank testing. General home inspectors may be qualified to perform all of these tests and/or inspections for additional fees. It is important that you ask your potential inspector what his/her qualifications may be.
If at all possible, it is recommended to attend your home inspection process. This is a valuable educational opportunity. Never pass up the chance to see your forthcoming home through the eyes of an expert. The cost of a home inspection may vary depending upon the size, region, and age of the house. A home inspection could take anywhere from 2-5 hours, again, depending upon the size and age of the home. It is not an inspector's responsibility to correct or repair any potential issues found in the home. An inspector may recommend repair, or seek out skilled professionals in each trade for further information.
A home inspection will definitely give the buyer peace of mind and put the buyer's mind at ease that the home is in good shape. It can also become a negotiation tool in closing and could inform the buyer of potential future maintenance and upkeep. A seller of a home may also request a home inspection before the home is put on the market. This may assist the seller in setting a price, correct any issues with the home before it is put on the market, or merely having a pre-inspection report available for buyers informing them that the seller has nothing to hide.

How can I be in real estate without money?

One of the most common questions that new real estate investors want to know is how to start in real estate investing with no money down, or with very little cash out of pocket. Many people are clamoring to invest, but with moderate incomes or a lot of expense, just haven't been able to save much cash.
Although it is recommended to have some money in reserve at all times, it is absolutely possible to get started without a lot of money in savings. Here are the 5 best ways on how to get into real estate investing when cash is scarce:
1. Buy a home as a primary residence.
2. Buy a duplex, and live in one unit while you rent out the other one.
3. Create a Home Equity Line of Credit (HELOC) on your primary residence or another investment property.
4. Ask the seller to pay your closing costs.
5. Utilize a lender that either pays closing costs or offers a rebate on your down payment.

Which is the best online real estate school?

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Realtors who are looking at getting their agent in Indian Head Park or broker license will need to complete pre-licensing education requirements'the number of education hours needed before sitting for the exam varies by state. Every state tracks its own data, but the Texas Real Estate Commission cites that the overall pass rate is 60.85% for both agents and brokers. This highlights why online real estate schools can be helpful in terms of the ability to study and receive support for prospects at their own pace.

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ABOUT ILLINOIS REAL ESTATE BROKER (AGENT) LICENSE COURSES

Illinois Real Estate Act of 2000 law requires that an individual complete 75 hours of real estate educational training in order to take the state broker's licensing examination. These 75 hours consist of a 60-hour Real Estate Broker Topics course and a 15-hour interactive training course, which can both be taken online. Both of these classes can be taken online and include an Illinois state required final examination. You can enroll in these courses by adding them to your cart from our course pages. Each of our courses include the course material, audio presentations, exercises, and practice quizzes. All of our topics courses also come with
Unlimited Online Access, Dedicated Customer Support, Course Access from Any Internet Device, Instructor Assistance, Printable Materials, Progress Tracking, and an Education Administrator