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What are the requirements for Illinois Real Estate salesperson and broker Licensing?

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What are the requirements for Illinois Real Estate salesperson and broker Licensing?

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Each applicant shall be at least 21 years of age, be of good moral character, have a high school education or GED and successfully complete state required education. The minimum age of 21 years shall be waived for any applicant for a salesperson’s license who has attained the age of 18 and can provide evidence of at least 4 semesters of post-secondary study with a major emphasis on real estate courses in a school approved by the OBRE. Applicants for a salesperson license shall complete an approved course of at least 45 hours. Broker applicants shall complete 120 hours of approved course work, 45 hours of which shall be the 45 hours required to obtain a salesperson’s license, 15 hours of brokerage administration, 15 hours of contracts and conveyances, 15 hours of advanced principles and two 15 hour approved elective courses. Illinois applicants with a valid sales license are required to complete an additional 75 hours of approved course work. Illinois applicants who are currently admitt

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