MANAGING BROKER CE: MAINTAIN YOUR LICENSE

Yes. Real Estate Institute offers continuing education programs that are approved by the IDFPR and have been specifically designed to satisfy license renewal requirements.

Yes. Real Estate Institute reports all successful course completions to the appropriate regulatory authority. We report electronically (when permitted) to ensure timely and accurate reporting.

School policies, including our refund policy can be viewed here.

Yes. Managing Brokers licensed by the IDFPR are required to complete 24 credit hours of continuing education. This includes 12 credit hours of core and elective CE plus a 12-hour Broker Management CE course.

Managing Brokers must complete the following:

• _{12 Hours: Broker Management - May only be completed in an interactive format (class, webinar or online distance education), not self-study.}
• _{4 Hours: Core - May only be completed in an interactive (class, webinar or online distance education) format, not self-study.}
• _{8 Hours: Electives - Must include at least 1 hour of Sexual Harassment Prevention training.}

Exception: Managing Brokers renewing their license for the first time are exempt from the 12 hour Broker Management CE course.  12 hours of Core & Elective education is still required.  This must include:

• _{4 Hours: Core - May only be completed in an interactive (class, webinar or online distance education)  format, not self-study.}
• _{8 Hours: Electives - Must include at least 1 hour of Sexual Harassment Prevention training.}

Continuing education must be completed before license renewal. Managing Brokers renew every two years by April 30 (in odd years).

Yes. All Managing Broker licensees are subject to this education requirement.

Yes. To renew your license you must satisfy your continuing education prior to renewal. Although you may be inactive in the real estate business, you are not exempt from the requirement (if you intend to renew your license).

As a Managing Broker, you can certainly allow another licensee to sponsor your license so that you can act in the capacity of a Broker (without any management or supervisory responsibilities).

License law also provides an option for you to return your license to the IDFPR in exchange for a Broker’s license. In order to transfer your license, you must complete the Managing Broker to Broker Exchange Application and pay the associated fees. This form is available online at the IDFPR website.

There are some cases in which a licensee may not be required to complete the full continuing education requirement.

• Managing Broker licensees in their first license renewal are exempt from the Broker Management continuing education requirement. These licensees are still required to complete 12 credit hours of core and elective continuing education.
• All attorneys who are currently registered to practice law in Illinois are exempt from the continuing education requirement, but must submit the required renewal fee and application to the IDFPR.

Yes, with limited exceptions.  The IDFPR requires each Managing Broker to complete a 12 hour of interactive Broker Management CE course (as part of the total 24-hour requirement).

Note two exceptions:

1. Managing Broker licensees in their first renewal are exempt from the Broker Management continuing education requirement. These licensees are still required to complete 12 credit hours of core and elective continuing education.
2. All attorneys who are currently registered to practice law in Illinois are exempt from the continuing education requirement, but must submit the required renewal fee and application to the IDFPR.

Yes. Real Estate Institute offers Broker Management CE programs consistently throughout the year, not just a few months before the Managing Broker license renewal.

Yes. License law permits courses approved for interactive delivery via class or webinar, or courses offered via online distance education to not require a final exam. Therefore, if you enroll in our All Online or All Live package, no final exam is required.

Online distance education courses are presented strictly in an online format. You will complete the course in the sequence specified by the school and your progress will be tracked along the way. The course material is divided into sections or modules of instruction, which are followed by knowledge checks that help ensure you retain and understand the course subject matter. No final exam is required for online distance education courses for Managing Broker CE.

No, online distance education courses are presented strictly in an online format. No printed materials are required or included.

Yes. Illinois permits late completion of your continuing education requirement (in conjunction with a late renewal of your license). Just let us know that you're completing "late CE." We'll report your completion to the IDFPR and also provide an embossed copy of your Certificate of Completion that you should include with your late license renewal paperwork and fees (which will be sent to the IDFPR for processing).

All Illinois licensees must complete the Illinois continuing education requirement during each two-year license renewal period regardless if you hold reciprocal licenses in multiple states.

Yes, at least 1 hour of Sexual Harassment Prevention training is required to be completed during each license renewal period.  This course must be completed live or online. Self-study is not permitted.

All attorneys who are currently registered to practice law in Illinois are exempt from all real estate education requirements, but must submit the required renewal fee and application to the IDFPR. Attorneys are also exempt from completing the new Sexual Harassment Prevention course.