WHAT ARE THE LICENSING REQUIREMENTS FOR THE STATE OF ILLINOIS?
- Candidate must be at least 21 years of age
- Candidate must have graduated from High School or obtained the equivalent of a high school degree (GED)
- Candidate must be of good moral character
MUST I BE A CITIZEN OF THE UNITED STATES OR ILLINOIS TO HOLD A REAL ESTATE LICENSE IN ILLINOIS?
No. To hold an Illinois real estate license, the state requires that you meet the age and education requirements, have a Social security number, and be of good moral character.
HOW LONG DOES AN ILLINOIS REAL ESTATE LICENSE LAST? HOW DO I RENEW?
The renewal deadline is on April 30 of even-numbered years—brokers are required to take 12 hours of Continuing Education courses before that deadline in order to be eligible for renewal. Exception: If you have received your license within 90 days of the renewal deadline, your license expiration is pushed forward to the next deadline.
WHAT DOES IT COST TO APPLY FOR THE LICENSE AFTER I PASS MY EXAM?
Currently the application fee for a new license is $125.
WHAT DOES AN ILLINOIS REAL ESTATE LICENSE ALLOW ME TO DO?
A real estate license authorizes you to provide assistance to others, for compensation, for any transaction involving the sale or leasing of real estate. A license is only valid for transactions taking place in which the state is issued.