WHAT IS THE FORMAT OF THE STATE LICENSING EXAM?

As you can imagine, we get many questions about the state licensing exam. The exam consists of 140 multiple choice questions, of which you must answer a minimum of 75% correct. The exam covers [...]

MANAGING BROKER REQUIREMENTS

Many people get into the real estate industry with the hopes and dreams of opening up their own real estate office and building a team to work within that office. In order to do so, you will need [...]

ILLINOIS HAS RECIPROSITY WITH 7 OTHER STATES

We are often contacted by salespersons and brokers in other states, asking how to get their license in Illinois. If someone is licensed in another state with which Illinois does not have [...]

WHAT’S THE DIFFERENCE BETWEEN AN AGENT AND BROKER LICENSE?

People often think the terms agent and broker are interchangeable, but they are in fact not. Up through 2012, the State of Illinois issued an agent license for real estate. However, that all [...]

NEW WEBSITE LAUNCHED

As many of you know, we have listened to the feedback of our students and launched a new website late in 2017. We appreciate the patience of the students who were enrolled during the transition, [...]

NEW LAWS AFFECTING REAL ESTATE TAKE EFFECT IN 2018

On January 1, 2018, new laws affecting the real estate industry and broker/managing broker licensing took effect. Among these are several changes in the course requirements and formats. [...]