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Real Estate Managing Broker CE: Maintain Your License

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ConvenienCE. ExperienCE. ConfidenCE. Real Estate Institute knows CE.

Real Estate Institute is the local leader for Illinois real estate education. With legendary support and the most flexible programs, we allow you to earn CE credit on your schedule with your learning style in mind. Thousands of Illinois Managing Brokers come back every renewal period for simple CE that they actually enjoy! 

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No final exam
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Managing Broker CE Requirements:

  • 12 credit hours of Broker Management CE
  • 12 credit hours of Core & Elective CE (including at least 3 hours of Core A and 3 hours of Core B)
  • Managing Brokers renew every two years by April 30 (in odd years).
  • Managing Brokers must complete their entire CE requirement before renewing their licenses.

Exceptions:  Some Managing Brokers renewing for the FIRST time may be exempt from Broker Management CE. Active Illinois Attorneys are not required to complete CE but must renew their license with IDFPR.

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Frequently Asked Questions

Find answers to our most commonly asked question. If you need further assistance, please contact us.

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IL Real Estate Continuing Education

Are Real Estate Institute's courses approved by the Illinois Department of Financial and Professional Regulation (IDFPR)?

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

Will the school report my credit to the IDFPR upon successful completion of my course(s)?

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.

What is the school's refund policy?

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

IL Real Estate Continuing Education - Managing Broker

Are Managing Brokers required to complete continuing education?

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 (mandatory interactive course).

NOTE: During the current renewal period, some licensees may be exempt from the continuing education requirement

By what date are Managing Brokers required to complete the continuing education requirement?

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

I'm not active in Real Estate; do I have to take continuing education?

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).

I'm licensed as a Managing Broker, but I'm currently sponsored by another licensee and not the managing broker of my office. Am I still required to complete the Broker Management CE course?

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

NOTE: During the current renewal period, some licensees may be exempt from the continuing education requirement

Is there a process for me to "step down" from Managing Broker to Broker?

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 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 Transfer Application and pay the associated fees. This form is available online at the IDFPR website.

Are any Managing Broker licensees exempt from completing the continuing education requirements?

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

  • Managing Broker licensees who completed the 45 credit-hour Managing Broker pre-license curriculum during the current license renewal period 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.

Can I complete my entire 24-hour continuing education requirement via self-study?

No.  The IDFPR requires each Managing Broker to complete 12 credit hours of Core and Elective CE, which may be completed self-study or by online distance education.  However, the 12 hours of interactive Broker Management CE which is also required may only be completed via live class or webinar.

Is a Broker Management continuing education course required?

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 who completed the 45 credit-hour Managing Broker pre-license curriculum during the current license renewal period 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.

Do you have a list of classes I can choose from?

Yes. You can review our live Broker Management class schedule or create your own schedule if you choose our flex webinar program. You will satisfy the core & elective requirement with either our convenient self-study or online distance education programs.

What is the Flex webinar program? How is it different than live class?

Unlike a live class where you need to spend two full days at a specific location, our Flex webinar program gives students the opportunity to complete the interactive Broker Management CE requirement more conveniently. You can participate in this fully interactive online course anywhere you have Internet access; from your computer, tablet or mobile device. Our Flex webinar program is the perfect option for busy professionals who need a flexible schedule. Learn more.

Do I need a webcam or microphone in order to attend the Flex webinar program?

No. A webcam and microphone are not required; all you need is a computer, tablet or smart phone that has internet connectivity and speakers to be able to attend. You’ll be able to see the instructor on your screen but the instructor will not see you. You can communicate with the instructor by simply typing messages to which he/she will read and respond.

How many package options do you have to satisfy the 24 hour Managing Broker CE requirement?

We offer two convenient package options. One package includes 12 hours of Broker Management via a two-day live class and 12 hours of Core and Elective via self-study. At the end of your second day of class, you will test on your core and elective courses. There is no testing requirement for the 12 hours of Broker Management.

Our other package includes 12 hours of Broker Management via live webinar and 12 hours of Core Elective via online distance education. There will be no exam at the end of these programs as neither course deliver method requires a final examination.

If I enrolling in the package that includes self-study, will I need to review the book if I have completed this course in the past?

Yes. The books and topics may look very similar but they are not the same. The content is updated to reflect the most recent changes in the law, rules of the Illinois Department of Financial and Professional Regulation and current business practices.

Does continuing education require an examination?

All state-approved real estate continuing education self-study courses require a final examination that must be proctored by an impartial third party. Course approved for interactive delivery via class or webinar, or courses offered via online distance education do not require a final examination.

What happens if I fail the final examination?

You should have no problem passing the final exams exams for self-study courses, as long as you review our course materials. Our materials include online and printed practice questions. A score of 70% or higher is required by to pass. On the rare occasion that someone does not pass, one retake of the exam is allowed on a different day.

Where can I go to take the self-study portion of the examination?

The IDFPR requires that you take an examination by an impartial third party. If you attend the two-day Broker Management CE class in person, you will take your Core & Elective self-study exam at the end of the class.

If you are only enrolled in Core & Elective self-study course, online and paper-based exams are available as well. We offer exams daily at our headquarters in Niles, IL as well as at various locations throughout the Chicago suburbs. To initiate an online exam with your own proctor or to schedule a paper-based exam at one of our testing sites, log in on our website to initiate the process. Paper-based exams may also be arranged if you reside outside of our local proctoring areas; to request a paper-based exam, please call us.

Can I choose my own proctor for a final examination?

Yes, upon enrollment, login to our website with your username and password to begin the process. You may not proctor your own exam. Proctors may not be related by blood or marriage to the student or enrolled in the same course as the student. Illinois Real Estate Licensees (Leasing Agents, Broker, and Managing Brokers) may not proctor for their sponsoring or managing broker. The proctor may not be enrolled in the same course for which he or she is proctoring. The school may disapprove of a proctor for other reasons and retains the right to terminate our relationship with an approved proctor at any time for any reason.

What happens if a Managing Broker forgets to complete the continuing education requirement and renew the license? Can it be completed late?

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).

I just became licensed as a Managing Broker; do I need continuing education?

Managing Broker licensees who have held their license for less than three months prior to the expiration date are exempt from continuing education for their first renewal.

This applies only to licensees who first obtained their license between February 1 and April 30 of odd numbered years, if their license expires on April 30th of that same year in which it was first issued.

I am currently licensed in another state and applied for my Illinois license using the Illinois Reciprocity Application. Do I need to comply with Illinois' continuing education requirement (or only my home state's requirement)?

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.

I heard that your offer a 24 Hour Managing Broker CE package that does not require a final exam. Is that true?

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 for our 24 Hour Managing Broker CE package that is via webinar and online distance education, no exam is required. If you do however enroll in our Managing Broker CE package that is via class and self-study, a proctored will be given on the second day of class. A passing score of 70% is required for that exam.

What is the difference between self-study and online distance education? (This question is from question 5 of the Broker CE FAQs with a minor Managing Broker addition at the end.)

Self-study courses allow you to define your own course of study and then demonstrate proficiency by passing a proctored final exam. Our self-study courses included printed materials that are mailed to you upon request.

Onlne 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 section 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.

These course delivery methods are available for Core & Elective education only. Broker Management education must be offered in a live interactive format, which is either class or live webinar.

Will I receive any printed course materials if I enroll in an online distance education course?

No, online distance education courses are presented strictly in an online format. No printed materials are required or included. If you prefer to study from permitted materials, you should consider a self-study program.