How long does it take to become a real estate agent in Illinois?
It takes most people between three and six months to become a broker in Illinois. You can apply for a real estate license after completing your 75 hours of prelicense education and after you pass both the state and national portions of the Illinois licensing exam with a grade of 75% or higher.
Is the Illinois real estate exam hard?
With proper preparation, the real estate exam is not that hard. You can pass. How do we know? More than 95 percent of the test takers who use our real estate prep materials pass the exam.
Which of the following is a licensing requirement for an Illinois brokers license?
To qualify for an Illinois Real Estate Broker License in the State of Illinois you must be at least 18 years old, have a Social Security Number of Individual Taxpayer Identification Number, have a high school diploma or equivalent (G.E.D.), successfully complete the required coursework, and pass the real estate …
Can I become a real estate broker without being an agent in Illinois?
Unlike many states, Illinois does not offer a real estate agent or salesperson license, and instead uses the term “broker” to refer to any professional who represents a consumer in a real estate transaction.
Is real estate test hard?
Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.
How many times can you take the real estate exam in Illinois?
How many times can I take the state exam? The state exam has two sections; a general section and an Illinois specific section. You must pass each section with a minimum grade of 75%. If you fail the exam, you may retake the exam 3 more times (total of four times).
How much does a realtor make in Illinois?
The average salary for a real estate agent in Illinois is around $51,155 per year.
How many times can you take the Illinois real estate Exam?
You must pass each section with a minimum grade of 75%. 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.
Is there a lot of math on the real estate exam?
No matter what state you are wanting to get a real estate license in, you can expect to see math questions on the exam. While the number of math questions on the exam varies from state-to-state, the total number of math-related questions is somewhere between 10-15%.