Illinois State Exam Info

Illinois Real Estate Exam and Illinois Broker Exam Tips: Wouldn't you love to be able to grill a student who just finished taking their real estate exam? Well we have done that for you! Everyday at RealEstateStudyAids.com we receive information from students that have just taken the Illinois real estate exam. We take those new questions they have discovered and last minute tips and pass them on to you!

Real Estate Practice Exam Video: It's great to prepare for your Real Estate Exam with practice exams and questions, but there is no point in testing yourself on something that you do not have a basic understanding of. We offer online videos to help you gain a basic understanding of the national content on your exam.

Specific Illinois Real Estate Exam and Illinois Broker Exam Content: There is no such thing as a "standard" Real Estate Exam. Most states have more than one exam (salesperson and brokers), and all states have varied content from each other. This is why we spend so much time preparing the individual content for the Illinois real estate exam & broker exam, and keeping up with the changes as they occur in Illinois.

Real estate Practice Exams and Real Estate Brokers Exams are organized into categories: When studying for your Illinois Real Estate Exam or Illinois Broker Exam it is important to know your areas of weakness. We have taken the time to divide up the content into categories such as Property Ownership, Practice and Disclosure, Contracts, Financing, Real Estate Math etc. Each Category is graded separately to make it easier to identify and focus on your areas of weakness. Also included are master Real Estate Practice Exams which incorporate all of the different categories into one test to simulate your actual Illinois Real Estate Exam or Illinois Real Estate Broker Exam.

Illinois Real Estate Exam Questions and Illinois Real Estate Brokers Exam Questions Are Constantly Updated: We constantly update all of our Illinois practice questions, including our national practice questions, our explanations and answers, and other content. These all unite to give you the most comprehensive and up to date information for your Illinois Real Estate Exam or Illinois Real Estate Brokers Exam.

In Illinois, exams, licensing, and continuing education for real estate agents are governed by the Illinois Office of Banks and Real Estate.

There are Two basic real estate licenses in Illinois:

Salesperson

To be eligible for the Illinois Real Estate Salesperson Examination, candidates must meet all of the requirements in one of the following categories:

Category A – 45-Class-Hour Qualification
To qualify for an Illinois Real Estate Salesperson’s license under Category A, applicants must:
1. Be at least 21 years old;
2. Have graduated from high school or obtained the equivalent of a high school degree;
3. Have successfully completed the 45-class-hour Real Estate Transactions course at a real estate school approved by the Office of Banks and Real Estate.

Category C – Attorney Qualification
To qualify for an Illinois Real Estate Salesperson’s license under Category C, applicants must:
1. Be at least 21 years old; and
2. Be admitted to practice law by the Illinois Supreme Court.

Category D – Reciprocity Qualification
To qualify for an Illinois Real Estate Salesperson license under Category D, applicants must:
1. Be at least 21 years old;
2. Be a resident of the reciprocal state at the time of application for examination as well as licensure.

Category E – 18-21 Year Old Qualification
To qualify for an Illinois Real Estate Salesperson’s license under Category E, applicants must:
1. Be at least 18-21 years old; and
2. Have successfully completed at least two years of college as a full-time student, including the 45-class-hour Real Estate Transactions course at a school approved by the Office of Banks and Real Estate.

Broker
To be eligible for the Illinois Real Estate Broker
Examination, candidates must meet all of the requirements in one of the following categories:

Category A-1 – 120-Class-Hour Qualification
To qualify for an Illinois Real Estate Broker’s license under
Category A-1, applicants must:
1. Be at least 21 years old;
2. Have successfully completed the 120-class-hour Real Estate Transactions course. A candidate cannot accrue an additional 45-class-hour of credit by repeating the Real Estate Transactions course. Note: An applicant for a broker license who is licensed as an Illinois real estate salesperson is presumed to have completed a 45 credit hour Real Estate Transactions course provided that the licensee has not been nonrenewed for the preceding two years or more.
3. Have completed 75 class hours of broker courses at a real estate school approved by the Office of Banks and Real Estate in the following manner:

Category C – Attorney Qualification
To qualify for an Illinois Real Estate Broker’s license under Category C, applicants must:
1. Be at least 21 years old; and
2. Be admitted to practice law by the Illinois Supreme Court.

Category D – Reciprocity Qualification
To qualify for an Illinois Real Estate Broker license under Category D, applicants must:
1. Be at least 21 years old;
2. Be a resident of the reciprocal state at the time of application for examination as well as licensure; and
3. Brokers must be actively licensed in the reciprocal state for a minimum of two years.
Candidates applying for licensure on the basis of reciprocity need only take the Illinois State Supplemental examination.

Illinois has reciprocal agreements with:

  1. COLORADO
  2. CONNECTICUT
  3. GEORGIA
  4. INDIANA
  5. IOWA
  6. KENTUCKY
  7. MISSOURI
  8. NEBRASKA
  9. SOUTH DAKOTA
  10. WISCONSIN

Anyone holding licenses from any of these states may apply for a reciprocal license, and may be able to forego some classroom work and other requirements.