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Dream Town Realty


Becoming A Real Estate Broker

Start your journey to a career as a real estate broker today.

What Steps Must I Take To Become An Illinois Broker?

Individuals seeking to obtain a real estate broker’s license are required to:

  • Complete a total of 90 credit hours of pre-license education:
  • Pass the Illinois Real Estate Licensing Examination;
  • Find a Sponsoring Broker
  • Apply to the State for your license;
  • Complete a 30 credit-hour post-license course before their first license renewal
Steps To Become An Iilliois Broker.

What Is The Difference Between a Broker License & Managing Broker License?

After holding a Broker’s license for at least two years, licensees may elect to complete additional education and apply for a Managing Broker’s license. Managing Brokers are permitted to perform all of the same activities as a Broker, but may also choose to sponsor their own licensees or those of other licensees (Leasing Agents, Brokers, and Managing Brokers).

What Is The Difference Between a Real Estate Agent and a Broker?

“Real estate agent” is an antiquated term. A real estate broker is someone who has passed the state licensing exam and placed their license with a brokerage. With the right training, this person can help buy and sell real estate.

Do I Need Any Prior Experience with Real Estate, Business, or Finance To Be Licenses as a Real Estate Broker?

A real estate broker can come from any career background and many brokers find that their skills in other occupations help them in unique ways when they begin a career as a realtor. As long as you’re willing to put in the time and effort into your education and business, you can be successful.

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