Monday, September 22nd, 2014

Is It Worth It To Get An Illinois Real Estate License?

I get this question all the time, and to put it simply…YES.

You may be looking to get a Illinois real estate license because you want to make a little extra money on the side.

Perhaps you are looking for a career change and the flexible hours and earning potential of real estate is enticing.

Or you may simply be looking to get an Illinois real estate license because you’re about to buy or sell your own home and you want to keep the 3 – 6% commissions for yourself. That alone can pay for your classes and exam with some left over in most cases.

There are lots of great reasons for getting a realtor license and almost all of them are good ones. Plus, with how relatively inexpensive it is to get licensed, it’s nearly always worth doing.

What’s required to get your Illinois real estate license?

In Illinois, just like every other state, if you want to make money and get involved in the real estate game, you have to get licensed.

Aside from basic age requirements, each state requires that you complete a certain amount of training or “classroom hours” before you take your exam to get your real estate license.

For example, the state of Michigan requires the least amount of pre-licensing classroom hours at 40 while Texas requires to most number of hours at 210. All other states have requirements somewhere between these two.

If you live in Illinois, your required number of classroom hours is 45. (There is more information about Illinois’s real estate license requirements below you’ll want to check out.)

Be sure to keep in mind that while you do have to complete these “classroom hours” to be able to take the real estate licensing exam, you don’t actually have to attend a school or even have to leave your house to get it done.

The State of Illinois allows real estate students to take home study courses that can be completed in your free time and at a pace that works best for you and your current schedule.

But, please keep in mind that not all courses are created equal.

First of all, you have to sign up for a course that is pre-approved by the state of Illinois. Trying to find a “one size fits all” kind of course and hoping it meets the requirements won’t cut it. Not only that, but you have to make sure that you’re buying a good course. A good course will prepare you adequately for your licensing exam. Even though you meet the number of classroom hours and training hours, doesn’t mean you’re going to pass the exam if the courses you took are sub-par.

So, be sure to take the time, and spend the money to get a good training course. Better yet, get a course that guarantees that after you complete your training, you’ll pass your test the first time. Sounds good, right?

Good training courses usually can run anywhere from $100 – $500 and are priced according to applicable requirements. For example, if your requires more hours, then you’ll have to expect to pay a little more for your courses. The good news is, you can get one of the best home study courses available in Illinois for around $200 – $400. I’ll show you where in the email below.

What are Illinois’s specific requirements?

The good news is, I’ve already done the necessary research for you and put together a complete document on what your specific state’s requirements are for getting your real estate license, the best place to find home study courses at reasonable prices and much more.

Select your state below, enter your email address, click the “Go” button and I’ll shoot you a quick email with everything that your state requires to get licensed.

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