Prior to renewing a license, the licensee shall be required to complete the continuing education between May 1, 2008 and April 30, 2010.
(There is no longer a CE exemption for licensees that were “grandfathered”).
• Licensed as a Broker on or before 4/30/2008, Or Brokers previously licensed as a Salesperson - 18 hours of CE is required:
6 hours core/mandatory, 6 hours elective, and 6 hours of the Broker Management Course.
• Licensed as a Broker between 5/1/2008 and 4/30/2009, if NOT previously licensed as a Salesperson, 12 hours of CE is required:
3 hours core/mandatory, 3 hours elective, and 6 hours of the Broker Management Course.
• Licensed as a Broker on or after 5/1/2009 and not previously licensed as a Salesperson, 6 hours of the Broker Management Course.
You may access the Real Estate License Act of 2000 and Administrative Rules Website at http://www.idfpr.com/DPR/RE/REALEST.asp
It is the responsibility of each licensee to properly renew their license. The licensee must accurately fill-out a renewal application and send the renewal application, together with the fee, to the Licensing Department in Springfield before the renewal date. If a renewal form is not received in the mail, it remains the responsibility of the licensee to file the renewal application. The licensee will also have the option to renew via Internet or telephone using a credit card.
Renewal Dates: April 30, 2010
Note - A person whose license has been expired for more than 2 years shall be required to meet the requirements for a new license, including completing all pre-license education and passing the exam. See Section 5-55(a) of the Act.
If you need additional information, please visit: http://www.idfpr.com/faq/BRE/toggleBRERealEstateFaq.asp
Accelerated Discount Learning Centers, Inc. offers a Broker Management 18 Hour Package for Real Estate Brokers to fulfill the requirements to renew their license before April 30th. The courses offered are:
6 hours of Broker Management
6 hours of Core A & B
6 hours of Ethics and Real Estate
As of January 1st, 2010, the Act was modified to state that a licensee can be disciplined based on a guilty plea regarding a crime, even if it is unrelated to the real estate business. A licensee can be disciplined if he/she is determined to be unable to practice with the necessary degree of skill and judgment, which might be determined by a hearing.
According to the IDFPR (Illinois Department of Financial and Professional Regulation) www.IDFPR.com website there are only ten continuing education schools which have been approved to provide the mandatory Broker Management course in an online format. There are over 20 schools that provide the course in a classroom setting, but only ten that offer the convenience of studying anywhere, anytime. Accelerated Discount Learning Centers is one of the companies approved to provide an online self-paced course.
To review the Illinois Broker Mangement course requirements, please visit the Illinois Department of Financial and Professional Regulation (IDFPR) website: http://www.idfpr.com/DPR/RE/realmain.asp
Accelerated Discount Learning Centers is an approved on-line broker management course provider.
