According to the Illinois Real Estate License Act :
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).
The state licensing exam has approximately 12 math calculation questions. These include addition, subtraction, multiplication and division.
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.
After completing your pre-licensing course, you have two years to take the broker 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.
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).
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
Yes, full tuition is required to hold a place in class.