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Most students complete the licensing requirements in 3-4 months. Before you receive your license, you must complete a few necessary steps; these include your education application, passing the exam, a background investigation, and more.
The average real estate agent salary in Illinois is $90,000 per year or $43.27 per hour. Entry level positions start at $60,000 per year while most experienced workers make up to $113,169 per year.
Most students complete the licensing requirements in 3-4 months. Before you receive your license, you must complete a few necessary steps; these include your education application, passing the exam, a background investigation, and more.
How to Become a Real Estate Agent in Illinois Complete 75 Hours of State-Approved Pre-Licensing Education. Pass the Course Final Exam. Pass the Illinois Real Estate Broker Examination. Select an Illinois-Based Sponsoring Broker. Complete the Broker License Application.
Real Estate Agent Salary in Chicago, IL Annual SalaryWeekly PayTop Earners$130,999$2,51975th Percentile$104,800$2,015Average$87,822$1,68825th Percentile$68,100$1,309
The passing rate for the Illinois Real Estate Broker Exam is 75%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!
In order to apply for the Illinois Real Estate License Exam, the state requires you to complete 75 hours of state-approved real estate courses that include an Illinois 60-Hour Broker Licensing course and an Illinois 15-Hour Applied Real Estate Principles Interactive course.
Salaries by years of experience in Illinois Years of experiencePer year1 to 2 years$81,0693 to 5 years-6 to 9 years-More than 10 years$106,3681 more row