Licensing Requirements Changing

Introduced 2/20/09 is a Bill before the Illinois House that proposes changes in the Real Estate License Act of 2000. The Bill proposes that no new salesperson licenses be issued after April, 2011 and all new licensees will need to complete a 90 hour course of broker instruction. The current requirement is 45 hours for salesperson license. The Bill provides for a transition from existing sales license to the new broker license by completing a 30 hour additional course or by passing a State approved proficiency exam. I'll have a more detailed explanation on prudentcareers shortly. Questions can also be directed to Vince DePaul at YourHouseAcademy.