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Online Illinois Managing Broker Pre-Licensing Course

Trustpilot Star Rating

4.8/5 Stars11,051 Reviews

45-Hour Real Estate Course Approved by IDFPR

100% flexible, get it done quickly, on your own schedule
Includes 30-hour Topics and 15-hour Applied Management and Supervision pre-licensing courses
Trusted Real Estate Institute content, expertly reimagined by AceableAgent
You must have 2 consecutive years of experience as an Illinois Broker to become a managing broker

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45-Hour

IDFPR-Approved Course

Over 800,000

Satisfied real estate students

100% Online

Study at your own pace

IDFPR-Approved.

Life-Approved.

All 45 Hours. Zero Guesswork.

The required Illinois Broker Interactive course — state-approved, engaging, and built to fit your schedule.

Clear Progress Tracking

You'll always know what's done, what's next, and how close you are to the finish line.

Short, Snackable Lessons

Bite-sized lessons built to stick. It's easier to learn, easier to remember, and easier to finish.

Learn Your Way

Choose to study on your own schedule or with others with instructor-led webinars.

Hear From Our Illinois Real Estate Students

Star Rating

Learn at Your Own Pace

"Aceable was recommended to me instead of an in-person classroom setting. So happy that I have gone with Aceable. I am able to go at my own pace, and the program can be saved when you want to stop at a certain place and resume later."

Lolita

Star Rating

Engaging and Exam-Ready

"I tried to take another real estate course and was bored to death. Aceable Agent kept me engaged and entertained and had a lot of wonderful examples. I feel confident going to take my real exam on Saturday."

TIFFANY

Star Rating

Interactive and Easy

"Highly engaging presentation of the course material. Interactive, stimulating, and keeps my focus. Easy to pick up any time of the day from my computer or iphone. Love the accessibility of the courses and layout."

NATALIE

Basic

For licensed brokers with a busy schedule looking for flexibility. Schedule webinars to fit in your schedule and meet your pre-licensing requirements at your own pace.

SAVE 30%

$349 $244

As low as $23/mo with

†, or 4 interest-free payments of $61.08 with

††

View Package Details

Pass the test or your money back!

Most Popular

Premium

Get everything in Basic plus advanced state and national exam prep, 1-on-1 private tutoring, and live study webinars.

SAVE 50%

$499 $250

As low as $23/mo with

†, or 4 interest-free payments of $62.38 with

††

View Package Details

Pass the test or your money back!

Basic

Premium

45-Hour Full Requirement

30-Hour Self-Study Course
Complete the Managing Broker Pre-License Topics course at your own pace, with knowledge checks and assessments to test your comprehension along the way

15 Hours of Interactive Webinars
You'll be able to schedule your webinars in the course. Applied sessions can be taken in any order and are offered multiple times per week including mornings, afternoons and evenings.

Course Materials
Download our PDF textbook, as well as supplemental materials, and access on any device for ultimate flexibility

Instructor Support
Email, text, or chat with course experts anytime

100% Satisfaction Guarantee
30-day course trial—love it or your money back! See Terms

PrepAgent State Exam Prep

($199 value)

3 Months of Exam Prep
A suite of interactive study tools, state & national practice questions, live & on-demand study webinars, engaging concept videos, audio lessons, and more

Private Tutoring
One hour of personalized tutoring with a real estate expert, scheduled at your convenience

Basic

$349 $244

Pass the test or your money back!

Premium

$499 $250

Pass the test or your money back!

†

Payment options are offered by Affirm and are subject to an eligibility check. Options depend on your purchase amount, and a down payment may be required. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to a California Finance Lender license. For licenses and disclosures, see affirm.com/licenses.

††

See Klarna payment terms. A higher initial payment may be required for some consumers. CA resident loans made or arranged pursuant to a California Financing Law license.

5 Steps to Getting a Real Estate Managing Broker License in Illinois

Checklist

1. Check Your Eligibility

Be at least 20 years old and hold an active Illinois broker license for 2 of the past 3 years.

Devices

2. Complete Required Education

Finish IDFPR-approved pre-licensing education with AceableAgent.

Complete Exam Blue

3. Pass the Illinois Managing Broker Exam

Schedule and pass the Illinois managing broker exam with a score of 75% or higher.

Application

4. Apply for Your Managing Broker Application

Submit your license application to the Illinois Department of Financial and Professional Regulation and pay the required fees.

Want to know more about being a managing broker in Illinois?

Ready to get going? Hit the ground running with everything you need to know to advance your career in real estate.

Illinois Managing Broker Pre-Licensing FAQs & Course Overview

How do I become a managing broker in Illinois?

There are a few requirements to become a managing broker in IllinoisIllinois Become Managing Broker Illinois Career Center. In order to get your managing broker license, you must:

Be at least 20 years old
Hold active Illinois broker license for 2 of past 3 years
Complete 45 hours of pre-licensing education
Pass the managing broker exam with 75% score
Submit application to IDFPR ($150 fee)

What topics are covered in the Managing Broker Pre-licensing course?

The 45-hour managing broker pre-license education consists of two courses:

30-hour Managing Broker Pre-License Topics
- Working with buyers
- Working with sellers
- Legal issues in everyday practice
- Risk management
- Contracts
- Real estate loans
- License law and practice
- Brokerage and practice as a designated managing broker
- Interactive scenarios and guided practice

15-hour Managing Broker Pre-License Applied Management and Supervision

Brokerage contract disputes with clients
Minimum services
Dual agency disclosure issues
Best practices for working with buyers and sellers
Commission disputes
Technology issues
Finance and qualifying for a loan
Fair housing scenarios

What can you do with a managing broker license?

A managing broker can do everything that a broker can do, plus they are able to open and operate a real estate brokerage firm as well as oversee the licensees that they sponsor at the firm. Managing brokers can also choose to be self-sponsored where they simply work independently but do not sponsor additional licensees.

What is the difference between a broker and a managing broker in Illinois?

The managing brokerIllinois What Is Managing Broker Illinois Career Center is a step up professionally in that you are able to own and operate a real estate brokerage in addition to helping clients buy, sell and lease properties. There’s more autonomy, but there’s also a lot more responsibility that comes with managing a brokerage if you are overseeing the work of other sponsored brokers.

But that’s the beauty of having a managing broker license. You can also choose to be a brokerage of one and keep all of the commission without supervising others.

What do I need to do to upgrade my broker license to a managing broker license?

You’ll need to keep your Illinois broker license active and in good standing for at least two of the last three years. In that time you can complete the 45-hour managing broker pre-license education. Once the coursework is complete and you've reached the 2-year mark, you can schedule a time to take the Illinois Real Estate Managing Broker Examination.

After you pass the exam you’re eligible to submit an application with the Illinois Department of Financial and Professional Regulation (IDFPR) to upgrade to a managing broker license.

In Illinois, AceableAgent (formerly Real Estate Institute) is approved by the Illinois Department of Financial and Professional Regulation. Education Provider #515.000001.

More Resources

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October 3, 2024

How To Become a Managing Broker in Illinois

Becoming a managing broker is a common next step for Illinois brokers. Here is everything you need to know about getting your managing broker license in Illinois.