Illinois Real Estate Education Deadlines |
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Illinois Academy of Real Estate
Blog by Michael Fair
Aurora, Illinois
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Illinois Academy of Real Estate
Categorized in: Academy Newsletter 2008
Tagged with: 2008 broker mamagement continuing education, 2008 continuing education, illinois real estate education
Categorized in: Illinois Real Estate Licensing
Change really is coming, really it is...it's just a question of when. Illinois House Bill 5338 has been in committee the spring session of 2007 and has seen little activity and you migt well ask, "is anything going to happen?." The answer to that question is a resounding YES! The Illinois Real Estate License Act includes a definite date at which it is scheduled to be repealed which is the removal or reversal of a law. Given the current real estate environment, this "ain't" going to happen. The scheduled date is January 1, 2010. Given the political environment in Springfield, it is extremely unlikely that anything will happen until the Spring session of 2009. It is in the Spring session that bills are introduced for consideration for the current legeslative year and we can expect to see the Bill addressed. Senate Bill 571 was unanimously passed by the Illinois Senate in 2007 and we can expect this bill to be and is as written substantially the same and among other issues:
Needless to say, if you are considering earning a salespereson or broker's license at any time in the future, now just might be the time to act. |