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Illinois Real Estate: Licensing

Which license type is right for your career?

  Leasing
Agent
Broker Managing
Broker
Allowed to sell all property types   Yes Yes
Allowed to lease residential property Yes Yes Yes
Allowed to lease commercial property   Yes Yes
Allowed to exchange all property types   Yes Yes
Allowed to manage all property types   Yes Yes
Must be supervised by a managing broker Yes Yes  
Held a sales/broker license for 2 of the past 3 years     Yes
Allowed to work under their own supervision     Yes
Allowed to supervise other licensees     Yes
Can manage a sales or management office     Yes
Required state examination Multiple Choice

You must successfully pass the IDFPR's designated testing service's leasing agent examination.

Multiple Choice

You must successfully pass the IDFPR's designated testing service's broker examination.

  • 100 National multiple choice questions
  • 40 Illinois multiple choice questions
  • Computer test – receive immediate test results
  • Examination fee: $46
  • More state examination information is available in the
    Applied Measurement Professionals (AMP) Candidate Handbook
  • Each individual has four (4) attempts to pass the exam
  • Educational transcripts are good for four (4) years
Simulation

You must successfully pass the IDFPR's designated testing service's managing broker examination.

  • 10 National "simulation" problems
  • 40 Illinois multiple choice questions
  • Computer test – receive immediate test results
  • Examination fee: $46
  • More state examination information is available in the
    Applied Measurement Professionals (AMP) Candidate Handbook
  • Each individual has four (4) attempts to pass the exam
  • Educational transcripts are good for four (4) years
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Real Estate Institute is approved by the Illinois Department of Financial and Professional Regulation.
IDFPR Approved #510.000158.