Illinois Managing Broker Pre-Licensing How to Upgrade Your IL Real Estate Broker License

4 Steps Toward Getting Your Illinois Managing Broker License

Upgrading your license for your career might seem a bit daunting, but we’re here to guide you through the process. Read on to learn the four steps you’ll need to take before upgrading your license in Illinois real estate.

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Prerequisites

To start, you must

  • Already be a licensed real estate broker in Illinois.
  • Have maintained your broker status by completing 30 hours of Post-Licensing.

  1. Complete 45 hours of approved managing broker Pre-Licensing education

    Successfully complete an approved 45 clock hour Pre-Licensing course with 30 hours of managing broker Pre-Licensing education and 15 mandatory interactive hours.

    The CE Shop offers this mandatory course through our advanced web-based platform, where the best of the classroom is combined with the flexibility and convenience of online learning. We prepare you for your licensing exam while providing you with the knowledge you need to begin a promising career in real estate. Find out more here.

  2. Pass the course final exam

    After you complete all the course materials, meet the minimum time requirement, and pass the practice exam, you must pass a course final exam. The minimum passing score is 75%.

  3. Pass the Illinois Real Estate Broker Examination

    PSI administers the Illinois Real Estate Managing Broker licensing exam. This test is comprised of two portions, covering both state and national requirements. For more information, see the PSI candidate exam information here.

  4. Complete the application

    Lastly, to apply for your Illinois real estate broker license with the Illinois Department of Financial & Professional Regulation, click here.

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