Managing Broker License Renewal

///Managing Broker License Renewal
Managing Broker License Renewal2018-12-13T15:29:41+00:00

Requirements for managing broker license renewal are based on when you were licensed as a managing broker: Before February 1, 2017  | After February 1, 2017  | After February 1, 2019.  Download renewal requirements.

Use IDFPR’s License Lookup to find your original license date. To see the courses you have taken with Illinois REALTORS®, use our Education/CE Lookup.

 Managing Brokers Licensed Before February 1, 2017

  • 24 hours of CE must be taken between May 1, 2017 and April 30, 2019

The 24 hours must include 6 hours of Core (3 Core A and 3 Core B) and a maximum of 6 hours elective, or 4 hours of Core and a maximum of 8 hours of Elective CE AND 12 hours of Broker Management CE (mandatory 12-hour interactive course).

12-hour Self-Guided Online CE Package

$79
  • 12-hour self-guided CE

12-hour Broker Mgmt CE Webinar

$99-159
  • 12-hour BMCE webinar

24-hour Managing Broker CE Package

$169-229
  • 12-hour online CE package + 12-hour webinar

Looking for a classroom course? Check our Education Calendar.

BMCE Webinar only $99 Dec. 27 & 28

Managing Brokers Licensed After February 1, 2017

  • 12 hours of CE must be taken between May 1, 2017 and April 30, 2019.

The 12 hours must include 6 hours of Core CE (3 Core A and 3 Core B) OR 4 hours of Core CE and a maximum of 8 hours of Elective CE.

12-hour online CE package

$79
  • FOUR 3-hour online courses

3-hour online CE courses

$2295
  • Individual 3-hour online courses

Looking for a classroom course? Check our Education Calendar.

Managing Brokers Licensed After Feb. 1, 2019

No education requirements this cycle. Managing brokers licensed after February 1, 2019 do not need to renew in 2019. Your license renewal deadline is April 30, 2021.

FAQs about Managing Broker License Renewal

Q. How do I renew with IDFPR?

A. The IDFPR online renewal portal is not yet open for managing brokers renewal. It is expected to be open at least 30 days  prior to the renewal deadline. Your renewal application with $200 licensing fee must be submitted to IDFPR by April 30, 2019.

Q.  Do the changes in the License Law affect the upcoming Managing Broker Renewal? 

 A.Changes in the Real Estate License Act became effective on January 1, 2018.  The one change that became effective immediately was the implementation of test-free courses.  Courses taken in a classroom, live interactive webinar, or through an online distance education format are eligible for test- free completion.   You may want to check with the course provider before you sign up for your classes to validate whether their courses are test-free. 

Q. Is there a new core course available? 

A. The new core will be a 4-hour course and is not yet available.  The core requirement will remain the same throughout the 2019 Managing Broker renewal.  You will be required to have a minimum of 6 hours of core to include 3 Core A, 3 Core B and 6 elective.  Courses that were previously approved to expire on 6/30/18 were extended to expire on 6/30/19. 

 Q. If I took Broker Management CE for my first renewal and it was not required, will those hours roll over? 

A. No.  CE hours are only applicable in the cycle in which they are taken. 

 

Countdown to Managing Broker License Renewal Deadline: April 30, 2019
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