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Note: The only licensee that should take this Broker Management class are Brokers that just received their Broker license (by education and testing - not by the new transition process) or those renewing their license from expired. A new Broker Management course (Broker Managers must take the new one) will be 12 hours and required for renewal. It doesn't exist at the moment - it is still being developed by the State. Broker Management Class All brokers when renewing their license must now complete 18 hours of Illinois Department of Financial and Professional Regulation (IDFPR) approved continuing education (6 hours of core; 6 hours of elective and the 6 hour brokerage management class). The Broker Management Continuing Education course was created by the IDFPR to provide the knowledge necessary to remain a competent Illinois real estate broker. The course is a six-hour, classroom or home study continuing education course delivered through a combination of different learning techniques; lecture, discussion, and small group exercises (yes, Information Professionals has it classroom and home study). At the completion of the course there is a 50 question multiple choice exam that will be proctored by Information Professionals, but will then be sent to the Real Estate Education Foundation (REEF) for grading. Your notice of Pass or Failure will be mailed to you from REEF in approximately 3 weeks. Information Professionals (or any other real estate school) has nothing to do with the grading of the exam. Only 1 re-test of the exam is allowed. A re-test fee of $25 will be charged. You should take the course early in your renewal period, to allow for grading and possibly retaking a failed exam. Check out our Combos in the second table below
*Broker
Management text - if needed** - $20
* All combo classes require same day testing for all hours
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