Be at least 18 years old
Have graduated from High School or obtained a GED
Complete a State approved 75-Hour Real Estate Broker Pre-License Class with 60 hours classroom or an equivalent home study course and 15 hours of mandatory classroom instruction. 45 hours of post-license education is also required
Be of good moral character–no delinquent child support, no delinquent state income tax or delinquent student loan payments and no felony convictions.Pass the State License Exam
Pass the State License Exam
All classes are conveniently online via our popular Live-Interactive Zoom Classes. We also have a Self-Paced Online Homestudy Class.
Once you complete the pre-license course, We will send notification of your completion electronically to the IDFPR. The license candidate must contact the testing company, (PSI) to schedule an examination appointment. Appointments for license testing can be made: online, by phone, by fax or by mail. PSI's phone number is 1-800-345-6559.
The fee for the State Exam is $58.00. You’ll need to make sure you have two forms of identification–one MUST be a photo ID. A photograph and a fingerprint scan photograph will be taken at the testing site.
An on-screen calculator will come up with any math questions.
The State Exam is computer based. It is an all multiple choice exam and a passing grade is 75% on the State portion, and 70% on the National portion. You will be given a notice of whether you passed or failed immediately.
I Love Real Estate School is an accredited Real Estate School by the State of Illinois. We teach Broker Pre-License, Post-License AND Managing Broker License Classes.
The Illinois State exam is comprised of the following:
• 105 multiple choice questions covering “National” topics
• 40 multiple choice questions covering “State” specific topics
• 5 multiple choice questions chosen at random and later discarded
• 150 total multiple choice questions
You have 4 hours total to complete the Exam.
You need 75% to pass the State portion and 70% to pass the National portion. There are four outcomes when you take the Sate Exam. You can:
Pass the State and the National portion of the Exam – You are eligible to get your license!
Pass the State and fail the National portion of the Exam – You can re-take just the National (105 questions) portionup to a year later
Pass the National and fail the State portion of the Exam – You can re-take just the State (45 questions) portionup to a year later
Fail the State and the National portion of the Exam – You can re-take entire Exam (150 questions)
After passing the State Exam, you will need to be sponsored by a real estate Sponsoring Broker within ONE year. Once you have chosen a Sponsoring Broker, the Designated Managing Broker will sign your Sponsor Card (also known as your 45 Day Permit). This allows you to start practicing real estate immediately.
You are required to apply for your Broker license within 24 hours of associating with your Sponsoring Broker by going to the IDFPR website and completing your application. The IDFPR will email you your license within 45 days. Once you receive the license, you can send it to your Designated Managing Broker to be held/displayed in the office.
The exam may be taken four times. The fee is the same for each time. If, for some reason, you don’t pass after the fourth attempt, you must retake the pre-license course.
All Brokers Licenses expire April 30 of each even numbered year. Licenses are renewed every two years and after the first renewal, you will be required to complete 12 hours of Continuing Education before you can renew.
You have up to 2 years to pass the State Exam after completing your Pre-License Class.