24-Hour Managing Broker Package

The course addresses changes to the Illinois Real Estate License Act and the Administrative Rules of the Department of Financial and Professional Regulation, supervision and oversight of new broker licensees, and office policy and procedures. The topics presented satisfy the core curriculum requirements set forth by the state of Illinois.

The goal of this course is to provide students with the knowledge and skills necessary to protect consumers, enhance the professionalism of the real estate brokerage industry, and prevent violations of the Real Estate License Act of 2000. We will address several important topics that licensees will likely face on a day-to-day basis. These topic points include listing agreements, buyers purchase contracts, disclosures, agency, brokerage agreements, and escrow. Students will also learn about Fair Housing and advertising regulations. We’ll discuss how internet advertising, print media, and social media can help expand your real estate business either as an individual agent or as part of a team. Instructions will also cover ways to minimize risk related to license and advertising violations.
Throughout the course we will be referencing text from the Illinois Real Estate License Act of 2000.