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Real Estate/ Pre-Licensing/ Illinois/ 45-Hr. IL Managing Broker Pre-Licensing Standard Package
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45-Hr. IL Managing Broker Pre-Licensing Standard Package

$335
This product includes:
Elective Hours: 0 Mandatory Hours: 45 Total Hours: 45
Description
Package content and courses
State Requirements

This package is designed to provide you with the 90 hours of instruction required to be eligible for a Illinois managing broker license.

This program prepares you for the Illinois state licensing exam as well as provides the practical business knowledge and foundation necessary to be a successful real estate managing broker in Illinois. This package also includes unlimited access to additional practice exams.

Included in this package are:

  • Illinois 30-Hour Managing Broker Pre-License Topics
  • Illinois 15-Hour Managing Broker Pre-License Applied Management and Supervision - Interactive 

Package Content:
Managing Broker Pre-License Applied Management and Supervision

This fully online course provides the 15 hours of interactive instruction required as part of the 45 hours in Managing Broker Pre-Licensing Topics course. Students will participate in a variety of interactive activities where they will apply their knowledge to a variety of real-world scenarios designed to provide valuable analysis and decision-making experience.

Prior to participating in this interactive course, the 15-hour Broker post-licensing course should be completed. 
Managing Broker Pre-License Topics (30 Hrs.)

This course provides 30 of the 45 hours of instruction in real estate topics required of all applicants for a managing broker license in Illinois. The course prepares learners for the Illinois licensing exam and provides the practical business knowledge necessary to be a successful real estate managing broker in Illinois. Topics include licensing, operations, escrow and management, managing licensees, risk management, laws, and issues.

State Requirements For Illinois

Illinois State Requirement Details for Real Estate Managing Broker Pre-Licensing Education for Licensed Illinois Brokers

Hours Required by the State: 45 hours

  • 30-hour course including the following topics: Brokerage Administration and Management, Licensing, Escrow and Residential Leasing Agent Management
  • 15-hour Applied Management and Supervision course

Note: Broker pre-license and post-license education must be completed prior to Managing Broker education.  All Managing Broker education must be completed within the year immediately preceding the filing of an application for a Managing Broker's license.

Licensing Exam: The licensing exam is administered by PSI.  Registration for the state licensing exam is an entirely separate process from proctoring for your course final exam. For instructions to register for your state licensing exam and further information, please click here.

The CE Shop’s Offering: 45 hours

  • 30-hour Managing Broker Pre-License Real Estate Topics
  • 15-hour Applied Management and Supervision

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: Beginning June 12, 2024, education providers will not report course completions to PSI.  Licensing exam candidates will be responsible for providing school name and course completion dates to PSI via https://test-takers.psiexams.com/ilrep.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account.

The CE Shop’s Pre-Licensing courses expire six months after the date of purchase. Each student will be granted a one-month extension at no charge, to be applied immediately after the initial six-month term. For any reactivation or extension of the course after the seventh month, The CE Shop will charge the student 20% of the current retail price of the course for each 30-day extension or partial 30-day extension in the event that the course finally terminates before the end of the final 30-day extension. Students may also elect to re-enroll for 50% of the current retail price of the course, if the course has hit the year expiration or the student is at the 7 month mark and wants to repurchase and restart the course and enrollment. Extensions or reactivations cannot be granted beyond 12 months from the purchase of the course since, in all events, the course terminates 12 months after purchase.

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