Illinois REALTORS® worked closely with state legislators and IDFPR on rewrites and updates to the Illinois Real Estate License Act (RELA) and related Rules.

Share these videos on your website to help your members protect their business while learning about the most critical changes to the Act, related requirements and rules. Instructions and code are below each video for linking to or embedding into your local website.

Please note: Videos are copyright Illinois REALTORS®, are a members-only benefit and should only be viewed by members. Sharing on other channels is not allowed without prior consent.

Time: 8:42 | You will learn about:

  • ensuring protection of private property rights
  • seeking positive changes for REALTORS®
  • process behind rewrite every 10 years
  • efforts with IDFPR and IL General Assembly

Video URL for linking or adding with a web element:
https://youtu.be/kzynzBup8jo

Copy and paste this code to embed the video on your website within brackets <>:
iframe src=”https://www.youtube.com/embed/kzynzBup8jo?rel=0&modestbranding=1″ width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”></iframe

Time: 11:10 | You will learn about:

  • moving away from paper licenses and sponsor cards
  • email notices replacing paper
  • virtual offices
  • privacy and storage of electronic records

Video URL for linking or adding with a web element:
https://youtu.be/eQrEu1uQRE0

Copy and paste this code to embed the video on your website within brackets <>:
iframe src=”https://www.youtube.com/embed/eQrEu1uQRE0?rel=0&modestbranding=1″ width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”></iframe

Time 19:18 | You will learn about:

  • The age limit change for brokers and managing brokers
  • Continuing education changes for brokers and leasing agents
  • Managing broker responsibilities: earnest money, contract negotiations for new licensees

Video URL for linking or adding with a web element:
https://youtu.be/yNT3QTqqYeY

Copy and paste this code to embed the video on your website within brackets <>:
iframe src=”https://www.youtube.com/embed/yNT3QTqqYeY?rel=0&modestbranding=1″ width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”></iframe

Time 17:30 | You will learn about:

  • sponsoring broker’s name size related to that of the individual licensee
  • digital advertising on internet, social media
  • “Teams” definition
  • misleading terms that can no longer be used

Video URL for linking or adding with a web element:
https://youtu.be/jVOVkdg1c58

Copy and paste this code to embed the video on your website within brackets <>:
iframe src=”https://www.youtube.com/embed/jVOVkdg1c58?rel=0&modestbranding=1″ width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”></iframe

Time 10:19 | You will learn about:

  • Illinois Real Estate Recovery Fund changes
  • “wholesaling” vs. flipping or investing
  • what constitutes a compliant Guaranteed Sales Plan

Video URL for linking or adding with a web element:
https://youtu.be/Qtgj6rLfOik

Copy and paste this code to embed the video on your website within brackets <>:
iframe src=”https://www.youtube.com/embed/Qtgj6rLfOik?rel=0&modestbranding=1″ width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”></iframe

Time: 16:24 | You will learn about:

  • absence of “ministerial acts”
  • new continuing education categories
  • compensation entities and rules for married licensees
  • CE becoming a finable offense
  • what an unlicensed personal assistant can’t do
  • criminal histories

Video URL for linking or adding with a web element:
https://youtu.be/-ktWD28nRnk

Copy and paste this code to embed the video on your website within brackets <>:
iframe src=”https://www.youtube.com/embed/-ktWD28nRnk?rel=0&modestbranding=1″ width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”></iframe

Share the podcast:

  • Link to: http://podcast.illinoisrealtors.org/e/real-estate-license-act-%e2%80%93-rela-legal-update/
  • Embed code: Copy and paste this code into brackets <>: iframe style=”border: none;” title=”Changes you need to be aware of to the Real Estate Licene Act” src=”https://www.podbean.com/media/player/ydrhj-b7fa4e&?from=usersite&skin=3&fonts=Helvetica&auto=0&download=1&share=1&version=1&btn-skin=107″ width=”100%” height=”115px” scrolling=”no” data-name=”pb-iframe-player”></iframe

Share these important downloads to accompany the video series: