Licensing facts · 2026
Illinois real estate license timeline
Entry license is 'Broker' (Illinois has no salesperson license); the broker_* fields here describe the Managing Broker license. PSI exam $58; license fee $125 per 68 IAC 1450.130 (IDFPR online instructions, older doc that still cites 90 hrs/AMP). Fingerprints not found as a requirement; set null. Managing broker: 45 hrs incl. 15-hr Applied Management & Supervision; 2 yrs experience within prior 3 yrs is from general knowledge. Managing broker exam national-portion count not confirmed in PSI bulletin. No IDFPR or PSI pass rates published. Course cost and timeline are market estimates.
- Required education hours
- 75
- Typical weeks low
- 6
- Typical weeks high
- 14
Sources
- https://test-takers.psiexams.com/api/content/bulletin/4901
- https://idfpr.illinois.gov/content/dam/soi/en/web/idfpr/forms/online/RE%20Broker%20Instructions%20for%20Online%20Licensing.pdf
- https://www.colibrirealestate.com/real-estate/illinois/license-requirements/
- https://www.ilga.gov/Documents/legislation/ilcs/documents/003502000K31-10.htm
Last verified: 2026-10-23