Do you have questions about real estate or the real estate market?  Looking for a career in real estate? Or do you just want to know how the real estate market affects you in buying or selling a home?

We have the answers to your questions!

You will learn:

• the career opportunities available in the real estate profession
• how supply and demand affects the real estate market
• how economic, political, and social factors effect supply and demand
• the services to expect from a real estate licensee
• the different ways to hold title to real property and the advantages to you
• how to value your real property
• how to understand property taxes so that you pay only your fair share
• how to negotiate real estate contract
• how to understand financing and different types of real estate loans
• how your real property is valued
• how the real estate closing works
• and much, much more

You will know what the Pros know and have a greater understanding of the real estate transaction.

Knowledege is power! 

And who knows, you just might decide to become a real estate professional.  Successful completion of this course meets the educational requirements for completing the real estate licensing exam.

Our most popular class is  our  home study correspondence program. The self study format includes registration, text book, workbook and a CD exam prep and instructor support. Tuition is $232.00. Most students complete this program in 4 to 6 weeks.

Already a licensed salesperson?

The state required 75 hour Illinois real estate class for currently licensed salespersons who wish to obtain an Illinois Real Estate Broker license is also available as a home study correspondence course. Tuition for this program is $532.00.

Are you ready to enter the real world of real estate as a licensed Illinois broker?

Individuals not currently holding an Illinois Real Estate Sales License who wish to become licensed as an Illinois Real Estate Broker must complete a 120-credit hour combined sales/broker pre-licensing Illinois real estate class. Tuition for the combined sales/broker home study correspondence real estate class is $650.00.

For more information or to register, visit IlAcademy.com or call the Illinois Academy of Real Estate at 630-844-0222.

Q.  When do I Need an Illinois real estate license?

A.  A person needs a real estate license if they provide assistance which is in any way intended to result in the sale or lease of real estate.  The definition of the word "broker" under the The Illinois Real Estate License Act provides 11 examples of the types of "assistance" that requires a real estate license.  Included are representing clients in the negotiation of real estate sales contracts or leases, and issuing advertising for the sale, purchase or lease of real estate.

The assistance must be provided for others. Accordingly, a person who buys sells or leases real estate as a "principal" does need a real estate license.

Compensation is required.  Therefore, a person who provides assistance on a real estate transaction to a friend or relative, without compensation, does not need a license. Illinois Real estate license requirements.

Posted By Mike Fair, Director
Illinois Acadmy of Real Estate