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Wholesaling in Today's Market

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
State Requirements

Real estate wholesaling is not a new concept. However, the practice, regulation, and public perception of wholesaling have changed significantly in recent years. For real estate professionals navigating a market where wholesaling is becoming more popular and increasingly problematic, understanding its legal, ethical, and professional implications is more important than ever.

This three-hour course provides a straightforward examination of wholesaling: how it operates, when it crosses legal and ethical boundaries, and why it faces greater scrutiny from lawmakers and the public. You’ll examine how some investors use wholesaling as a legitimate and transparent strategy to build wealth, while others exploit it to bypass licensing requirements, mislead sellers and buyers, and disrupt housing stability, particularly in vulnerable communities.

Whether you are new to wholesaling, advising clients involved, or simply looking to avoid legal issues, this course is designed for you.

Course highlights include:

  • Foundational principles of wholesaling
  • Strategic uses of wholesaling
  • State laws and licensing implications of wholesaling
  • Red flags to indicate predatory wholesaling practices
  • When wholesaling becomes illegal
  • Ethical wholesaling
  • Collateral damage of wholesaling
  • Legal and civil penalties
  • Effects of predatory wholesaling on housing market
  • Real-world cases, interactive scenarios, and activities to understand wholesaling in your real estate practice

Package Content:

State Requirements For Illinois

Illinois State Requirement Details for Real Estate Broker Continuing Education

The Illinois Division of Real Estate has implemented new education requirements to reflect recent changes to the Illinois Real Estate License Act of 2000. The 2026 Broker Renewal deadline is April 30, 2026.  The 4-hour Core course, if completed prior to June 30, 2025, will satisfy the Core requirement for this renewal.  However, the Division strongly recommends completion of the 6-hour Core course, which includes at least 2 hours of fair housing training, to satisfy the Core requirement for this renewal.

Renewal Date: April 30th of even-numbered years

Hours Required by the State: 12 hours

  • 6-hour core course (or 4-hour core course if completed prior to June 30, 2025)
  • 6 hours of elective courses (or 8 hours of elective courses if the 4-hour core course was completed prior to June 30, 2025) including
    • 1-hour course in Sexual Harassment Prevention Training

Note: Brokers receiving their initial broker license are required to complete the 45-hour post-license education during their first license term and are not required to complete any other CE during that license term.

The CE Shop’s Offering: 12 hours

  • 6-hour core course
  • 6 hours of elective courses including
    • 1-hour Illinois Sexual Harassment Prevention Training 

The CE Shop LLC is a Real Estate Education Provider licensed by the Illinois Department of Financial and Professional Regulation Division of Real Estate.

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

License Renewal Process: The process to renew in this state can be found here.

Max Hours in a 24-Hour Period: Licensees will not receive credit for more than 12 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

Illinois Department of Financial and Professional Regulation Division of Real Estate

Street Address: 320 West Washington Street, 3rd Floor, Springfield, Illinois 62786

Mailing Address: 320 West Washington Street, 3rd Floor, Springfield, Illinois 62786

Telephone: (800) 560-6420

Email: fpr.realestate@illinois.gov

IDFPR Real Estate Brokerage

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