How to Become a Real Estate Broker in Illinois
Becoming a real estate broker in Illinois takes education, an exam and an application. Here is the exact breakdown for Illinois, sourced from the official board.
How do I become a real estate broker in Illinois?
To become a real estate broker in Illinois you must complete 75 course hours plus 60 hours of broker management education, pass the PSI state broker exam (national + state portions), meet the experience requirement (2 of the last 4 years as an active salesperson), cover the fees (Application $95, license fee $90). Licensing is handled by Illinois Department of Financial & Professional Regulation. Confirm current rules with the official board before applying.
Requirements at a glance
- Pre-licensing education
- 75 course hours plus 60 hours of broker management education
- Exam requirements
- PSI state broker exam (national + state portions)
- Experience
- 2 of the last 4 years as an active salesperson
- Fees & costs
- Application $95, license fee $90
- Reciprocity
- No formal reciprocity; education waiver for some out-of-state brokers
- Renewal
- 2-year cycle, 24 hours CE including 3 hours ethics
Exam prep for the Real Estate Broker license exam
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FAQ
What are the education requirements to become a real estate broker in Illinois?
75 course hours plus 60 hours of broker management education. This is the requirement published by the state.
What exam do I take to become a real estate broker in Illinois?
You take the PSI state broker exam (national + state portions). Sign up through the approved testing vendor used by the state.
How much does a real estate broker license cost in Illinois?
Application $95, license fee $90. Application, education and exam fees are set by the state board and can change.
How often do I renew my real estate broker license in Illinois?
2-year cycle, 24 hours CE including 3 hours ethics.
All states for this license
Licensing rules can change. This page is a summary, not legal advice. Always confirm current requirements with the official Illinois Department of Financial & Professional Regulation before applying.