Transition from Salesperson to Broker

With the recent changes to the Illinois Real Estate license act, all Illinois real estate salespeople will need to obtain a broker license by April 30, 2012. If you currently hold a salespersons license, you will have three options to come into compliance.

First, sometime around the first of the year, 2011, the state will begin offering a proficiency exam through the AMP testing service. Salespeople will need to schedule the exam with a participating real estate school. The school will proctor the computer based exam at their locations. If you pass the exam you will transition into a broker license. If you do not pass the proficiency exam, you will need to take and pass a 30 hour transition course and the school's proficiency exam.

Second, at that same time (early 2011) you can choose to take the 30 hour transition course that real estate schools will begin offering and take the school's proficiency exam. The 30 hour course is 15 mandatory classroom hours and 15 flexible learning or home study hours. At this date, we do not know what the cost will be for the proficiency exam or the 30 hour course.

Third, many salespeople are choosing to take the broker license course now which can be completed through our “Flexible learning program” (home study with workshops.) By getting your broker license now, you'll avoid the transition entirely.

Tuition for our Broker License course is $425.00, which includes all of the text and study materials. The cost for taking the state exam at one of the approved AMP sites is an additional $46.00. To enroll or for more information call 630-307-3493