Frequently Asked Questions
The Illinois State exam is comprised of the following:
- 105 National
- 45 State
- 150 Multiple Choice Questions
- 5 multiple choice questions will be chosen at random and later discarded from EACH portion of the exam (10 total)
You need 75% to pass on the State and 70% to pass the National.
- National (105)
- State (45)
- Entire (150)
There are four outcomes when you take the Sate Exam. You can:
1)Pass the State and the National portion of the Exam
–You are eligible to get your license!
2)Pass the State and fail the National portion of the Exam
–You can re-take just the National (105 questions) portion
up to a year later
3)Pass the National and fail the State portion of the Exam
You can re-take just the State (45 questions) portion
up to a year later
4)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.
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.
- 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
I Love Real Estate School has two locations: Downtown Chicago and Naperville. Please check the Calendar to see which classes are being held in each location.
Once you complete the pre-license course, the School 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 $55.00. You’ll need to make sure you have two forms of identification–one MUST be a valid photo ID. A photograph and a fingerprint scan photograph will be taken at the testing site. You will need a calculator for the Exam. The testing Center does NOT provide a calculator and will NOT allow you to use your cell phone as a calculator for the test. Calculators cannot be programmable in any way and if they are AMP will NOT allow them to be used.
The State Exam is computer based. It is an all multiple choice exam and a passing grade is 75%. You will be given a notice of whether you passed or failed immediately.
Contact Us
I Love Real Estate School, Inc.
1000 N. Milwaukee Ave. Suite 201
Chicago, IL 60642
Beth King
Owner
- Phone: 630-596-8220
- Fax: 630-596-8221
- Email: Info@ILoveRealEstateSchool.com
