GET YOUR BROKER LICENSE

Your first step in starting your new career is to get your Illinois Real Estate Broker License. If you are at least 21 years old with a high school diploma or equivalent (G.E.D.), you are eligible to sign up for the required 90-hour broker course through an approved licensing school. Once completed, you’ll then need to take and pass a written examination authorized by the Illinois Department of Financial and Professional Regulation (IDFPR).

Baird & Warner provides approved pre-licensing courses in a classroom setting geared toward adult learners who plan to take the state exam.

 

PLAN YOUR BUDGET

It is important to know that a career in real estate requires an investment. Here is a list of typical expenses:
 

∙ Pre-licensing and state exam

∙ National Association of REALTORS® dues

∙ Illinois Association of REALTORS® dues

∙ Local Association of REALTORS® dues

∙ Errors & omissions insurance

∙ Multiple listing service (MLS) access fees

∙ Insurance (health, disability and auto)

∙ Taxes

∙ SentriLock® keycard access fees

∙ Auto

∙ Company or franchise fees

∙ Technology-related expenses such as a cell phone or laptop

∙ Personal promotion and advertising


The list of fees will vary depending on the local association and the brokerage. Please note that it is imperative to have a few months income saved up because it will take at least 60-90 days before commission income begins, no matter which company you join.