Are you interested in becoming a real estate agent in Illinois? If so, you’ve come to the right place. In this article, we’ll give you a step-by-step guide on how to become a licensed real estate agent in Illinois.
Step 1: Meet the Basic Requirements
To become a real estate agent in Illinois, you must meet the following basic requirements:
- Be at least 21 years of age
- Have a high school diploma or equivalent
- Be a legal resident of the United States
- Pass a criminal background check
Step 2: Complete Pre-License Education
Before you can take the Illinois real estate license exam, you must complete 90 hours of pre-license education. This education can be completed online or in a classroom setting.
Step 3: Pass the Illinois Real Estate License Exam
Once you have completed your pre-license education, you are eligible to take the Illinois real estate license exam. The exam consists of both national and state-specific questions and is administered by PSI, the testing company.
Step 4: Find a Brokerage
After passing the exam, you must find a sponsoring brokerage to work for. You cannot practice real estate in Illinois without being affiliated with a brokerage.
Step 5: Activate Your License
Once you have found a sponsoring brokerage, you must activate your license with the Illinois Department of Financial and Professional Regulation (IDFPR).
Step 6: Complete Continuing Education
To maintain your license, you must complete continuing education courses. Illinois requires real estate agents to complete 12 hours of continuing education every two years.
Becoming a real estate agent in Illinois is a process, but it is a rewarding career for those who are willing to put in the work. By following these steps, you can become a licensed real estate agent in Illinois and start helping clients buy and sell homes.