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License Renewal/Continuing Education I am a real estate salesperson with an active license. How long will my license remain in effect? The expiration date on all actively-licensed real estate salesperson licenses will be extended an additional year and will expire April 30, 2012. Your current license is acceptable to use until this date. What will the requirements be for a Salesperson converting to a Broker (non-managing)? Pass a proficiency exam prior to March 15, 2012, complete 18 hours of CE (9 core & 9 elective) on or before 4/30/12 and apply for your Broker license with IDFPR on or before 4/30/12. Or...complete a 30-hour course and pass the exam on or before 4/30/12, no additional CE is needed, apply for your Broker license with IDFPR on or before 4/30/12. NOTE: there are no re-takes for the proficiency. If you fail, you must successfully complete the 30-hour course and exam. What will the requirements be for a Broker converting to Managing Broker? Successfully pass a proficiency exam prior to 3/15/12 and apply for Managing Broker license with IDFPR prior to 4/30/12. Successfully complete 18 hours of CE (9 core & 9 elective) and a 12 hour Broker management classroom/interactive course on or before 4/30/13. Or...Successfully complete a 45-hour transition course and exam prior to 4/30/12 and apply for Managing Broker license with IDFPR prior to 4/30/12. No Broker management course is required. Then complete an additional 18 hours of CE (9 core & 9 elective) on or before 4/30/13. NOTE: no re-takes on the proficiency exam. If you fail, you must complete the 45-hour course and exam. What will the requirements be for a Broker who is going to remain a Selling Broker (non-managing)? Successfully complete 12 hours of CE (6 core & 6 elective) on or before 4/30/12. Renew Broker license with IDFPR on or before 4/30/12. NO proficiency needed. What will the requirements be for a newly licensed Broker effective May 1, 2011? 90 hours of pre-license coursework including 15 hours of "situational" offerings in a classroom or interactive setting, take and pass written exam, application with sponsor card and fee, 30 hours post-license education taken before first renewal. What will the requirements be for a newly licensed Managing Broker effective May 1, 2011? Must be 21 years old; good moral character; need to be be licensed at least 2 out of 3 prior years as a salesperson or broker; high school degree or its equivalent; 165 hours of pre-license education; 120 are broker pre-license hours; 45 more in the year before applying for managing broker's license; focused on brokerage administration and management and 15 in classroom or other interactive delivery method; take and pass test; application with sponsor card and pay fees. Where is more information available on the new Act? The revised Real Estate License Act of 2000 is available at http://www.idfpr.com/DPR/RE/REALEST.asp Select the Real Estate License Act of 2000 link. What is happening to the categories of licensure in the new Act? Once the transition is complete there will be two main categories of licensure: (1) managing broker and (2) broker. Note that the leasing agent license remains unchanged for the most part. No new salespersons’ licenses will be issued after 4/30/2011, and the salesperson license category will no longer exist after 4/30/2012. All existing salespersons’ licensees will need to transition to the broker license category before May 1, 2012. Existing broker licenses will remain the same and some brokers will transition to managing broker. How do I find out how many CE hours I have? If you have taken your CE courses from IAR, you may go to the IAR website, www.iar.org and click on "Education" and then "Find Your Education Credits". You will need your license number for the look up. You will be able to look up your record of classes taken through IAR sponsored classes. If you need information regarding classes taken at other sponsored schools, you will need to contact the Illinois Department of Financial and Professional Regulation (IDFPR), Division of Professional Regulation, at 217-785-0800 or visit their website, www.idfpr.com. I just got my license, do I need Continuing Education and what are the requirements? A salesperson renewal applicant is not required to comply with the continuing education requirements for the first renewal following original licensure if the initial salesperson's license was issued less than one year prior to the expiration date. A salesperson renewal applicant is required to complete 6 hours of continuing education if: (1) That licensee's initial license was issued more than one year prior to that licensee's first expiration date and less than two years prior to the first expiration date. A salesperson renewal applicant is required to complete 12 hours of continuing education if that licensee's initial license was issued two or more years prior to the expiration date. The requirement is six hours of core and six hours of elective credit to be completed within the two-year renewal period. In addition to the already required continuing education, a broker renewal applicant is required to complete 6 hours of broker management education within 180 days of licensure unless they received their initial license within 90 days of the broker renewal period. See broker requirement matrix. IAR Member Services Who does IAR recommend for Errors and Omissions insurance?
Complaint Procedure I want to file a complaint against a REALTOR®, what should I do?
Membership How do I change offices? If transferring from one Oak Park Association Broker to another:
MRED (connectMLS) What is MRED's Help Desk number?
When do you bill me for MLS access and when are the payments due?
How can I change my information in connectMLS?
Why am I receiving a login error when signing in to connectMLS?
Does MRED offer training classes?
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