How to Become an Illinois Real Estate Broker
If the title of this post caught your attention, you are probably thinking about becoming an Illinois real estate broker or maybe you have been practicing for years. In either case, it's important to understand the hard work it takes to follow this career path.
I am surprised by people who believe that being a real agent is an easy job. "All you have do is drive people around and show them houses, and the big money follows" they reason. "Anyone can do that."
That's just not true. Becoming a real estate agent requires hard work and determination. But your hard work and determination can lead to a rewarding career.
Here's how to get started in 5 basic steps.
1. Meet the Requirements.
In Illinois, the entry level real estate license is the broker license. To be eligible for a
broker license, the candidate must:
Be at least 21 years old
Have graduated high school or have a (GED)
2. Study Hard *
90-class-hours of pre-license education
30-class-hours of post-license education within first renewal period
12-class-hours of continuing education within subsequent renewal periods
3. Pass the state exam
4. Select a sponsoring broker
An Illinois real estate broker must be employed by a sponsoring broker. Choose a
brokerage firm that has a training program and that is committed to your success.
5. Plan Your Work and Work Your Plan
Your success requires determination, planning, and hard work. A real estate career is not easy, but it certainly can be rewarding.
*A practicing attorney applying for a broker's license is exempt from the educational requirements, must be at least 21 years old and be admitted to practice law by the Illinois Supreme Court
Posted on Fri, January 2, 2015
by Mike Fair filed under