Managing Broker License Illinois

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    • 100% online, self-paced 45-hour managing broker course
    • 24/7 instructor support, you will never talk to a machine or wait days for a response
    • Trusted source for brokers & managing brokers in Illinois
    • IDFPR Approval #513.002259 & 513.002260

    Self-Paced & 100% Online

    Our real estate courses are designed for complete flexibility and can be completed in just a few weeks.  The course is 100% online & completed on your schedule.

    High Pass Rates

    Our high pass rates make us the most trusted provider for real estate brokers in Chicago, Aurora, Joliet, Naperville, Rockford, Elgin, Springfield, Peoria, and Champaign.

    24/7 Support

    Unlike other providers, our support staff are just a call away around-the-clock to help with any of your real estate questions.

    Wondering how to get a real estate Managing broker license in Illinois?

    Enroll in our Illinois Managing Broker Licensing Course today!  You must be 18 years or older and have a high school diploma or GED equivalent and have been licensed as a broker for 2 years.

    01

    Complete 45 hours of pre-licensing education

    Perry Real Estate College offers this course completely online and completed at your own pace. Learn more about our courses here.

    02

    Complete the course final exam

    After you finish the course, you will need to take an online exam and pass with a minimum score of 75%.

    03

    Pass the Illinois Real Estate Exam

    PSI administers the in-person state licensing exam. There are 140 questions based on the content outline here. You will have 4 hours to complete the exam.

    04

    Complete a background questionnaire

    After you finish the examination, you will be required to answer a background questionnaire about criminal convictions or debts for taxes or child support. You will then be given instructions on applying to the Illinois Department of Financial & Professional Regulation (IDFPR) and the Division of Real Estate online.

    05

    Submit your license application

    Complete the licensing process by submitting your licensing exam results to IDFPR along with the license fee of $150.00. Click here for more information.

    Our Support is Different

    We know it can be scary to take an online course and it's easy to feel like you are alone in the process. Our student support is just different, you won't find another school out there that supports you like we do.


    Day or night, seven days a week, every time you call, you'll be greeted by a real person - not a machine. The person you talk to will be an expert and able to help you right away. The other schools only answer when it is convenient for them and you'll have to wait days to get a response from an instructor, if at all.


    We're a family-owned business, genuinely invested in seeing you achieve your goals. Come see why we are the trusted source for successful agents and brokers.

    What Topics Do we Cover In The Illinois Real Estate Broker Course?

    We have a comprehensive real estate course that will prepare you for the exam and get you ready to open your own brokerage.  Our course covers the following topics: becoming a licensed real estate broker, opening a real estate office, owning a brokerage, managing agents, supervising a real estate office, escrow management, disciplinary processes, agency relationships, disclosure requirements, real estate contracts, and more.

    COURSE PREVIEW

    CHECK OUT OUR REAL ESTATE CAREER CORNER

    Transitioning from a Part-Time Agent to a Full-Time Agent

    By Gabrielle Hodge • February 17, 2025
    Are you ready to become a full-time real estate agent? The first thing you need to evaluate is—what does being a part-time agent currently look like for you? Every real estate business is different, and before making the leap to full-time, it’s important to assess whether you’re truly prepared for this next step.

    Real Estate Continuing Education: Why It Matters

    By Gabrielle Hodge • February 10, 2025
    If you’re a licensed real estate agent, you already know that your education doesn’t stop once you pass the exam. Continuing Education (CE) is a crucial part of maintaining your license, but it’s also an opportunity to grow in your career. Every state has its own CE requirements, so it’s essential to stay informed and compliant with your local laws to avoid penalties or even losing your license.

    Choosing a Real Estate School

    By Gabrielle Hodge • February 7, 2025
    Let’s start by making one thing clear: not all real estate schools are the same. There are different types of programs, and the one that’s best for you depends on how you learn best. Some schools offer in-person classes, where you attend scheduled lectures in a classroom setting. Others provide fully online courses, allowing you to study at your own pace from anywhere. Some programs have live virtual sessions at set times, while others are entirely self-guided. Choosing the right school isn’t just about availability, it’s about finding a format that fits you.
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