Illinois REALTORS® Licensing & Training Center

Illinois Association of Realtors

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Managing Broker License

  • Minimum requirements to earn a real estate managing broker license in Illinois:

    Minimum requirements

    • must be at least 21 years old
    • have an active, valid Illinois real estate broker license
    • complete 165 hours of coursework and pass course exams (90 hours of broker pre-license training, 30 hours of broker post-license training, and 45 additional hours of managing broker coursework, including:
      • Managing Broker Pre-License Topics + exam (30 hours)
      • Managing Broker Applied Management and Supervision + exam (15 hours)
    • hold an active broker license for two of the past three years
    • pass the state licensing exam 
    • complete the licensing application and pay the licensing fee to IDFPR

Managing Broker Pre-License Education

Step 1: complete 45 hours of broker pre-license coursework and two course exams

The two required pre-license courses are Managing Broker Pre-License Topics (30-hour course) and Managing Broker Pre-License Applied Management and Supervision (15-hour interactive course). You must pass these courses and score at least 70% on both course exams and have held an active broker license for at least two of the past three years in order to apply for a manging broker license.

Step 2: take the Illinois real estate licensing exam.

After successfully completing the managing broker pre-license coursework and passing both course exams, you may schedule to take the state real estate licensing exam. 

psi/AMP (Applied Measurement Professionals) is the administrator of the Illinois real estate licensing exam. Before scheduling to take the state exam with AMP, it is strongly advised that you thoroughly read and review the Illinois Real Estate Examination Program Candidate Handbook.

Step 4: apply to the state of Illinois for your license

Complete the application and pay the licensing fee to the Illinois Department of Financial and Professional Regulation (IDFPR).

License renewal is required every 2 years on odd-numbered years.  During your first license renewal period, you will need to complete 12 hours of continuing education.  See the Managing Broker License Renewal page for details. We recommend that you complete the post-license training requirements as soon as possible after becoming licensed to avoid rushing to meet the deadline.