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ILLINOIS REAL ESTATE CONTINUING EDUCATION
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$149.00
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Credit:
  • 12 Hour(s) Continuing Education
Core/Elective: All Live

Package Highlights

Classroom Icon  Class or 
Webinar Icon  Webinar

Managing Brokers can complete their core and elective continuing education requirement with this "All Live" CE package, allowing you to attend live classes or webinars. No final exam is required for these courses. 

This package includes the following:

  • 4-Hour Core CE curriculum, which all Managing Brokers must complete.
  • Live, instructor-led training for Broker Management CE, 4-Hour Core, Sexual Harassment Prevention training, and Electives.
  • Includes 2.5 hours of REALTOR® Code of Ethics training, which members of the National Association of REALTORS® must complete every three years*.
  • Attend webinars from anywhere or in person at convenient classroom locations throughout the Chicago area.

* Our Ethical Practice course has been reviewed by the Chicago Association of REALTORS® and is approved to satisfy the Code of Ethics training requirement.  The National Association of REALTORS® indicates that all associations must recognize/give credit for training approved by other associations.


Chicago Association of REALTORS® Code of Ethics Partner Provider

About This Package

This package includes the following four Core and Elective CE courses:

  • 4-Hour Core CE (4 Credit Hours)
  • Sexual Harassment Prevention Training (1 Credit Hour)
  • Elective: Ethical Practice (3 Credit Hours)
  • Elective: Property Management Essentials (4 hours)

Note: The Broker Management CE course is required for all Managing Broker licenses, regardless of whether you are acting as a Sponsoring or Designated Managing Broker. We'll discuss and apply the law to real-life situations you are likely to experience in your practice. For a complete course description, or if you have already completed your 12-credit-hour core and elective requirement,  click here.

Notes:

  1. To renew your Managing Broker license in Illinois, you must complete 24 credit hours of core, elective, and broker management CE.  Please consider our All Live: Class or Webinar CE Package, which includes your entire requirement.
Frequently Asked Questions

Learn more about this license type and program:

View FAQs
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.

How many hours do I need to renew my Managing Broker license?

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.

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 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.

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).

Is there a process for me to exchange my Managing Broker license for a Broker 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.

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 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.

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 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.

Does Real Estate Institute offer Broker Management CE programs?

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

 

I heard that you 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 in our All Online or All Live package, no final exam is required.

What is online distance education?

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.

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.

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 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.

Do I need to complete a Sexual Harassment Prevention course?

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.

Are Attorneys exempt from Real Estate education?

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.


Real Estate Institute is approved by the Illinois Department of Financial and Professional Regulation.
Education Provider #515.000001