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Real Estate/ Post-Licensing/ Illinois/ Broker Post License Applied Broker Principles
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Broker Post License Applied Broker Principles

$115
This product includes:
Elective Hours: 0 Mandatory Hours: 15 Total Hours: 15
Description
State Requirements

In this course you'll apply your knowledge of the license act, real property, brokerage types, taxes affecting real estate, business skills, and broker practice through exercises, role-play activities, situational simulations, and case studies.

This course provides the 15 hours of instruction required as part of the 45-hour post-licensing education requirement in Illinois.

45-hour Post-License education is for licensed brokers in their first renewal cycle. You must have been issued your 475 license number prior to taking this course. Those without a license number will not receive credit.

Course highlights:

  • Teams and team marketing
  • Disclosing contemporaneous offers
  • Exclusive brokerage agreements
  • Escrow accounts
  • Residential, commercial, industrial, agricultural and special properties
  • Developing competency in real estate specialties
  • Property and transfer taxes
  • The 1031 tax-deferred exchange
  • Business and financial planning
  • Technology tools, including CRM software
  • Obtaining and marketing listings
  • Building market knowledge
  • Open house tips
  • Short sales and foreclosures

Package Content:

State Requirements For Illinois

Illinois State Requirement Details for Real Estate Broker Post-Licensing Education

Hours Required by the State: 45 hours

  • 15-hour course on Applied Brokerage Principles
  • 15-hour course on Risk Management/Discipline
  • 15-hour course on Transactional Issues

The Post-License curriculum includes the required 1 hour of 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. If an individual receives the initial broker license within 180 days preceding the first broker renewal deadline, the broker must complete the 45-hour post-license education prior to the second broker renewal deadline.

The CE Shop's offering: 45 hours

  • 15-hour Broker Post-License Applied Broker Principles
  • 15-hour Broker Post-License Risk Management/Discipline
  • 15-hour Broker Post-License Transactional Issues

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.

Final Exam: Final exams must be passed with a minimum of 75%.

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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