2014 Broker License Renewal

The deadline to renew your license was April 30, 2014

2014 Broker License Renewal Q&A | Checklists

If you missed the April 30, 2014 Broker Renewal deadline – you must still complete your ​education​ CE requirements and send in your renewal form to the Illinois Department of Financial and Professional Regulation (IDFPR). IAR is here to help with state-approved real estate ​post ​licensing and continuing education courses.

Remember if you did not complete your Broker Renewal requirements and/or did not send in your renewal application to IDFPR, your license will go in non-renewed status until you send in your renewal application. You must know that you will not be able to practice until your education and your renewal is complete.

What’s required? That depends on how and when you received your Illinois broker license. Click on one of the three scenarios below for a checklist.

Brokers who were licensed under the new 90-hour pre-licensing requirements whose first license EXPIRES April 30, 2014:

Scenario #1

Brokers who transitioned from a salesperson license or were licensed as a broker BEFORE Feb. 1, 2012:

Scenario #2

Brokers who were licensed under the new 90-hour pre-licensing requirement ON OR AFTER Feb. 1, 2014:

Scenario #3

The Illinois Association of REALTORS® Licensing & Training Center is your trusted source for state-approved real estate licensing and continuing education courses (classroom, home study & online) including NEW state-of-the-art interactive course webinars - you don’t have to leave home!

 


Scenario #1:

Brokers who were licensed under the new 90-hour pre-licensing requirements whose first license EXPIRES April 30, 2014:

  • You must complete and pass the 30-Hour Broker Post- License Course before April 30, 2014.
  • You have no other CE requirements for this renewal period.
  • Submit your renewal application with the $150 State of Illinois licensing fee to the Illinois Department of Financial & Professional Regulation (IDFPR) by April 30, 2014 www.idfpr.com.

CE options hereCE OPTIONS 30-HOUR POST: You can take the 15-Hour Broker Post License Topics Home Study Course PLUS an IAR 15-Hour Broker Post License Applied Real Estate Practices Interactive Webinar or the classroom interactive option (link to classroom options here.). BONUS! If you take all of your 30 hour post-license through IAR you get Course I credit toward the Graduate REALTOR Institute (GRI) designation. Q and A here for more information.


Scenario #2:

Brokers who transitioned from a salesperson license or were licensed as a broker BEFORE Feb. 1, 2012:

  • You will need to have taken 12 hours of CE between May 1, 2012 and April 30, 2014.
  • The 12 hours must include a minimum 6 hours Core CE and a maximum 6 hours of elective CE.
  • The 6 hours Core CE must be 3 hours Core A and 3 hours Core B.
  • Submit your renewal application with the $150 State of Illinois licensing fee to the Illinois Department of Financial & Professional Regulation (IDFPR) by April 30, 2014 www.idfpr.com.

CE options here

CE OPTIONS: IAR has online CE and home study CE options including an Ethics course (ETH 1528) that also qualifies for the NAR Quadrennial Ethics Requirement.

 


Scenario #3:

Brokers who were licensed under the new 90-hour pre-licensing requirement ON OR AFTER Feb. 1, 2014:

  • YOU DO NOT NEED TO RENEW IN 2014. Your broker license renewal deadline is April 30, 2016 and the only hours required for the 2016 renewal will be the 30-Hour Broker Post-License Course.

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