Monthly Archives: April 2012

Don't Lose Your License, Transition!

Click Here for the page covering the following.

April 30, 2012 is the deadline to transition your Illinois real estate license from Salesperson to Broker or Broker to Managing Broker.

NEW! Transition Home Study and Test Locations

IAR has added additional testing sites for members to take the proctored exam for Salesperson to Broker transition “30-Hour Home Study Course to Transition from Salesperson to Broker” (Item #625 in the IAR REALTOR® Store) AND the 45-hour home study course available from the IAR REALTOR® Store for $195 (Item #629). Order online from http://shop.illinoisrealtor.org (category “Pre-License”).

> To learn about what steps you need to take, and where to take the exams, go here.

Need CE before April 30? Think Green Home Study
If you need Continuing Education credits, consider the Green Home Study options, your most cost-effective option at $19.95 per 3-hour course and includes your proctored exam. Order from the IAR REALTOR® Store or download the Green Home Study order form (pdf).

Broker to Managing Broker Transition
Just getting started? Your best option is the 45-hour home study course available from the IAR REALTOR® Store for $195 (Item #629). After successful completion of this course and exam, you will have completed the required education hours to transition your license to the new Managing Broker category. NOTE: This course will exempt Managing Brokers from the 12-hour Broker Management CE. Managing Brokers will still be required to complete the 18 hours of regular CE by April 30, 2013. For this transition option, you must use the paper application form from IDFPR, and it must be postmarked by April 30, 2012.

Broker Staying Broker
Renew your broker license and complete 12 hours of CE by April 30, 2012.

Sole Proprietors
Remember, sole proprietors or “self-sponsored” brokers are required to either transition to the Managing Broker license or maintain your Broker license status and become sponsored by another sponsoring Broker.

Don’t Forget to Make Your Transition Application to IDFPR – Postmark by April 30
Here is the IDFPR link for the transition applications “Broker to Managing Broker Transition Application Form” or “Salesperson to Broker Transition/Renewal Application Form:” http://www.idfpr.com/DPR/RE/Forms/TransForms.asp. Applications MUST be mailed to IDFPR with a postmark no later than April 30, 2012. NOTE: Managing Brokers do not renew their license until 2013.
> Failure to complete the IDFPR transition application by April 30, 2012 could result in loss of your license even if you have completed the education requirement.

Continuing Education – All real estate licensees are required to complete continuing education (CE) during each two-year licensing period. Take CE courses from the convenience of your home with text-based and on-line programs, or find traditional classroom courses available throughout the state.

Use the IAR Education Lookup to check your CE status for IAR-sponsored education courses for Broker renewal, which is also required by April 30, 2012. (NOTE: Those transitioning to Managing Broker must transition by April 30, 2012 but won’t renew until April 30, 2013.) Only IAR-sponsored courses will appear.
Illinois Department of Financial and Professional Regulation’s CE Look Up.
Classroom, home study, online CE options – IAR REALTOR® Store 1-800-529-2696
Questions?

Orders from the IAR REALTOR® Store 1-800-529-2696

Exam locations and test results? [email protected] or [email protected]

CE status? [email protected] or [email protected]

Transition & Proficiency Help Line: Call 877-538-5861 or [email protected]

Transition Frequently Asked Questions

For licensure information contact the Illinois Department of Financial and Professional Regulation, 217/785-9300, www.idfpr.com/dpr/re/realmain.asp.