Frequently Asked Questions

Please reach us at april@amazingrealestateschool.com if you cannot find an answer to your question.

What are the requirement to become a licensed real estate broker

According to the Illinois Real Estate License Act :

Be at least 18 years of age;
Be of good moral character; and
Successfully complete a 4-year course of study in a high school or secondary school approved by the state in which the school is located, or possess a high school equivalency certificate.

Provide satisfactory evidence of having completed 75 hours of instruction in real estate courses approved by the Department, 15 hours of which must consist of situational and case studies presented in the classroom or by live, interactive webinar or online distance education courses;

Personally take and pass a written examination authorized by the Department; Or

Be an Illinois attorney currently licensed to practice law before the Illinois Supreme Court. Attorney's must also pass a written examination authorized by the department.
Present a valid application for issuance of a license accompanied by the required fees.

What's the difference between a Broker and a Realtor?

A Realtor® is a Broker that has joined the National Association of Realtors. Membership requires adhering to a strict code of ethics and includes access to the MLS (Multiple Listing Service).

After completing the 75 hour course work, do I have to take a state exam in order to obtain a real estate license?

Yes. The state exam is administered by Applied Measurement Professionals, Inc. (AMP). They administer the test at multiple sites in Illinois. They have a website at www.goAMP.com. They can also be reached by phone at (800) 345-6559

Is there a lot of math questions on the state exam?

The state licensing exam has approximately 12 math calculation questions. These include addition, subtraction, multiplication and division.

Is there a fee to apply for a real estate license?

The state licensing fee for the Broker license is $150.00. Membership with the Realtor organization is common at most residential offices and is approximately $1,000-$1,200 to join, then about $988 per year. Students have up to one year to become sponsored (hired) at an office and join the board after passing the state exam.

How do I contact the IDFPR?

You can contact the IDFPR at:

Department of Financial and Professional Regulation

Division of Real Estate

320 West Washington – 3rd Floor

Springfield, IL 62786

phone: 888-473-4858

Email: frp.realestate@Illinois.gov

website: www.idfpr.com

How long after completing the pre-licensing course will I have to take the state exam?

After completing your pre-licensing course, you have two years to take the broker exam.

How many tries do I have to pass the Illinois Real Estate Exam?

If you fail the exam, you may retake the exam 3 more times (total of four times). If you fail only one portion of the exam (the general or the Illinois specific section), you need retake only the portion you failed. If you fail the exam more than four times you will be required to retake the pre-licensing course and pay the required course fee.

What is your refund policy?

After the first day (session) and before the start of the second day (session), the student is entitled to a prorated refund, less the $50 savings for purchasing the pre-licensing bundle. There are no refunds on books which is a $50 value which includes shipping and handling. There is ABSOLUTELY NO REFUND after the start of the second day (session).

How do I access the live webinar course?

After you sign up and pay for the course an email will be sent to you before the start of class with information on how to attend the webinar

Do I have to pay for my course in full when I sign up?

Yes, full tuition is required to hold a place in class.