Insurance Prelicensing - Property and Casualty | Blog Post

How to Launch Your Career in Illinois Insurance

Selling insurance in the state of Illinois provides many with financially stable and fulfilling careers. The landscape of Finance & Industry is evolving, and insurance agents are in demand. Continue reading to explore not only why this career is alluring to many, but how to get started yourself.

Why become an insurance agent?

Many who enter this field are deeply personable professionals with a desire to help others. They are folks who enjoy connecting with clients, protecting them and ensuring their livelihoods against the unknowns. In addition, many enter a career in insurance due to the:

  • Easy of Entry
  • Flexibility
  • Financial Security

Easy of Entry 

There are very few barriers to becoming a seller of insurance – which is all part of what makes it such an advantageous career move. Essentially all you need is your will to learn, time to invest, and a passion for seeing the training through.

So, how long does it take to become an insurance agent? Becoming an insurance agent can take someone several weeks or a few months – it depends entirely upon the individual. 

All insurance agents must complete the required pre-licensing education from a state-approved education provider before sitting for and passing their state licensing exam. It is important to note that while the common term in the industry for this career is insurance “agent,” the actual license issued by the Department of Insurance is an insurance producer.

Real Estate Institute offers the required 20 hours of pre-licensing education per each line of authority – or type – of insurance you wish to sell. 

Real Estate Institute’s state-approved Property and Casualty licensing program is perfect for anyone in Illinois interested in selling:

  • homeowners insurance
  • auto insurance
  • liability insurance
  • commercial property insurance 
  • and more

Flexibility

The insurance industry has proven to be a stable source of income for many – especially during the 2020 pandemic. While many sectors struggled to find the balance between remote work and productivity – insurance thrived. 

So much so that employers are now actively seeking out insurance producers who are willing to work remotely.

And the best part? It appears the transition to remote work has improved the efficacy and satisfaction between clients and their insurance agents. Recent research from McKinsey revealed that:

“69% of customers felt their interactions with insurers were more efficient when compared with pre-covid interactions.”

What it looks like to be an insurance agent is changing – possibly for the better. We are moving towards a more digital interface with less frequent but more impactful actions. This paradigm shift only adds to the flexibility of this career. You can excel while working from any location, engage flexible work hours when possible, and boost your client satisfaction in the process. 

Financial Stability

“Unlimited earning potential.” An often-heard phrase that always causes ears to perk up.  With the ease of entry and flexible scheduling, what you earn as an insurance agent is primarily up to you. This career is driven and self-directed. 

While the salary can vary by location, Monster recently reported that some insurance salespeople earn more than $92,000 per year.

So when you’re asking yourself, “How much do insurance agents make?” The answer, in part, depends on where you live and how driven you are. They sky’s the limit!  Real Estate Institute supports Illinois agents and will prepare you to maximize your earnings.

How to Become an Insurance Agent in Illinois

It all starts with education. As mentioned, you must complete the state-mandated educational requirements before taking your state licensing exam. 

For a more in-depth look at how you get from pre-licensing education to licensed sellers of insurance, read this recent blog from the Real Estate Institute team.

And an exciting announcement: In addition to Property and Casualty, Real Estate Institute will soon offer Life and Health Prelicensing programs which will further your line of authority options and ultimately increase your earning potential.

Onto a Promising Future

Entering a new career is a huge decision – and we hope that this article has given you some resources to make an informed decision about becoming an insurance agent in Illinois. 

After all, “the U.S. insurance industry employed 2.8 million people in 2019, according to the U.S. Department of Labor. Of those, 647,000 were Property and Casualty insurers.”

This career path is in demand, stable, and one that you can enter within a matter of weeks. If you’re ready for a change or seeking new career options, consult with our team of insurance enrollment professionals online or at 800-995-1700 with any questions about insurance education or licensing requirements.

Illinois Real Estate Market Is On Fire – Get Your Real Estate License Now!

There has never been a better time to get your Illinois real estate license! With COVID-19 inspiring people to re-evaluate what they want in a home, and often this deciding factor was access to a dedicated work from home space – not the couch or the dining room table. With so many folks now working remotely, studios and one-bedrooms in the city quickly lost their appeal. Chicago is experiencing a mass exodus of Chicagoans leaving for the suburbs – heating up the market. The experts at Real Estate Institute are here to support you in answering both the why and the how of becoming a real estate agent in Illinois.

Why now is the best time to get your Illinois real estate license

From the realization that green space, like a yard, was needed for continued sanity to creating makeshift offices for adult children who returned home to endure quarantine – 2020 made folks take a critical look at their current homes. Also, many first time home buyers quickly realized that their initial goal of a one-bedroom condo in a luxe downtown high-rise would not be an ideal home for remote working or quarantine living. Instead, first time buyers turned their sights to the suburbs, where spacious housing is abundant, creating an influx of demand and opportunities for real estate agents.

This increase in opportunities was so significant that “Illinois Realtors” reported an 18% increase in sales when comparing January 2021 vs. January 2020. This is in addition to a 15% increase in the median sales price, and the Illinois real estate market is showing no signs of slowing down.

The demand for homes and real estate professionals is continuing to skyrocket – if you have been considering getting your real estate license, now is the time!

Market security

Not only would you be joining an in-demand workforce, but you would also be joining a secure one. You may remember the 2008 Housing Bubble and feel a distrust of the housing market. However, a key differentiator between then and the current housing boom sweeping Illinois is that the post-covid demand for right-sized homes has created a Seller’s Market – “one in which there are more buyers than homes for sale.”

A seller’s marketing is stable and creates numerous opportunities for those considering a career in real estate. As a licensed Illinois real estate professional you will have unlimited earning potential and a healthy market to excel in. Becoming a real estate agent is an ideal career path for many because it allows you to create your own schedule. This flexible workflow is perfect whether you are juggling the multiple soccer practice schedules of your children or just don’t want to be tied down by a 9-5 lifestyle. You will also gain the freedom that comes with being your own boss – you manage your success!

A part-time career in real estate is also an option for those looking for a new side hustle. Why not help your friends and family while earning a little extra cash? Additionally, if you are planning to personally buy or sell property, allow Real Estate Institute to ensure you are properly representing yourself.

How to get your Illinois real estate license

Are you ready to gain your license and join the 170,000 alumni that trusted Illinois’s premier real estate school, Real Estate Institute, to support them from enrollment all the way through passing their state licensing exams? Whether you are just beginning your journey to becoming a real estate agent or are a tenured professional, Real Estate Institute will provide you with unparalleled and ongoing support.

Education and training are a key portion of gaining your real estate license and the educational requirements vary on which license you pursue. We make it simple to fulfill your pre-license education with real estate license classes that fit your schedule, learning style, and support your career goals. Real Estate Institute offers programs for:

Unsure which license is right for you? Compare Illinois real estate license types here!

The team at Real Estate Institute will help you get started in this next phase of your career. For more information or support from our licensed experts, contact us!

How to Meet the Upcoming Deadline for Illinois Managing Broker License Renewal in 2021

Illinois Managing Brokers – it’s go time. The window is quickly closing to meet the Illinois Department of Financial and Professional Regulation’s (IDFPR) deadline for license renewal applications.

If you have yet to renew your license, do not fret. Real Estate Institute is here to act as a resource to ensure you have completed your proper, and required, education to renew your license. We’ve informed you of what you need to know about Illinois Managing Broker License Renewal in 2021, but let’s review again in light of the April 30th deadline.

Note: if for some reason, you did not receive any communications from IDFPR about this renewal window, please update your contact information with the state to receive future notices. To update or add your email address, click here.

To renew your Illinois Managing Broker License Renewal, you must:

  1. Complete Continuing Education
  2. Submit Your License Renewal Application
  3. Download Your New License

Complete Continuing Education

If you are feeling the pressure of this deadline and having flashbacks to writing a school book report the night before it was due – take a deep breath. The team at Real Estate Institute is here to help.

You must complete: 

  • 12 hours of Core and Elective CE, including:
    • 4-Hour Core
    • 1-Hour Sexual Harassment Prevention Training
  • 12-hour Broker Management CE course (curriculum updated this year)

See, not so bad. With your brains and Real Estate Institute’s support – you can knock those CE courses out in plenty of time.

We do want to remind all Managing Brokers that you can now complete your entire requirement anywhere, at any time with Online Distance Education.

Please remember, if you are a newly licensed Managing Broker renewing for the first time, you may be exempt from Broker Management CE. Our team of professionals is happy to verify your requirement – reach out to us.

Submit Your New License Application

Once you’ve completed your required continuing education, the finish line is in sight. The next step is to renew your license with the IDFPR by application – you are required to pay a $200 renewal fee. Submitting your application can be achieved in one of two ways:

Real Estate Institute strongly recommends that you opt in for online renewal to ensure you meet the deadline. If you choose to renew by mail-in, request proof of delivery to ensure that it reaches the IDFPR by April 30th.

Download Your New License

At this point in your Managing Broker license renewal journey, we hope you breathe a sigh of relief. All that’s left to do is download a copy of your license once IDFPR has processed your application and notified you via email.

Ready to Renew your Managing Brokers License?

You now understand what is required to meet the April 30th deadline – begin your renewal process by visiting the IDFPR website.

How to Get Your Insurance License in Illinois

With our recent winter storms and the property damage that have befallen many Illinois residential and business owners, there’s sure to be an avalanche of insurance claims and inquiries in the coming weeks and months. It’s yet another reminder that insurance will always be necessary and in demand. A new career path in insurance can provide job and financial stability for the people who sell it.

To sell insurance in Illinois, you need to get licensed, which happens at the state level. Although people who sell insurance are sometimes known in casual conversation as “agents,” “brokers” or “salespeople,” they are all known as “producers” for licensing purposes. There are four steps to becoming a licensed insurance producer in Illinois.

Step 1: Meet the Age Requirement

Licensing candidates must be at least 18 years old.

Step 2: Complete Pre-Licensing Education

You must complete 20 hours of pre-licensing education for each major type of insurance that you wish to sell. In general, these types, known as “lines of authority,” are property, casualty, life, and accident/health. The Illinois Insurance Code requires that each 20-hour pre-license course include at least 7.5 hours of in-person (classroom) instruction. However, the governor has issued an Executive Order that allows webinars through March 6, 2021.  The order has a history of being extended on a month-to-month basis.

Real Estate Institute can help you launch a successful career in the insurance industry. Our state-approved property and casualty licensing program is perfect for anyone who is interested in selling homeowners insurance, auto insurance, liability insurance, commercial property insurance and more. 

Step 3: Take State Exam(s)

Licensing candidates must take (and pass) a state insurance licensing exam for each desired line of authority.

Prepare for the state exams with confidence. Our pre-licensing program will help you pass the exams the first time so you can get on with a new career quickly.

Information about the state exam(s), can be found in the Pearson VUE Candidate Handbook & Outline.

Step 4: Apply Online for Your License(s)

After passing the state licensing exam(s), you must wait five days. At that time, you will be able to apply for your license online at www.nipr.com. Directions to help you with the online application process are available from the Illinois Department of Insurance.

Why Become a Property & Casualty Insurance Producer?

  • Enjoy Helping People. You will be a valuable resource by helping clients match their needs to a policy that will protect them from financial loss.
  • Unlimited Earnings Potential. Whether it’s solely commission or a combination of commission and salary, the amount you earn is based typically on how much you sell.
  • Getting Started is Easy. Sign up for our pre-licensing program, pass the state exams and you’re on your way to your new career.

Why not learn about what a career in insurance can offer you? Just think, if you enroll in pre-licensing education now, you can get licensed and begin working in a matter of weeks! Get started today.


For over 25 years, Real Estate institute has been a local leader in insurance continuing education approved by the Illinois Department of Insurance. Thousands of Illinois insurance producers complete webinar, classroom and self-study continuing education courses each year. Due to popular demand, Real Estate Institute now offers
insurance pre-licensing education
 for anyone looking to start or expand their insurance career. Please don’t hesitate to contact us online or at 800-995-1700 with any questions about insurance education and requirements.


There’s a New Kind of Fraud in the World of Mortgage

Employment and income fraud is nothing new to Mortgage Loan Originators. If you’re in the business long enough, you’re likely to encounter at least one client whose account of their income and employment proves to be, shall we say, less than truthful. The good news is that advances in mortgage technology and process automation since the crash of 2008 have made it more difficult for borrower income and employment fraud schemes to succeed.

New Hire Scams

If you’ve studied mortgage fraud, you know that it is constantly adapting to changing market conditions. Given the unprecedented nature of the past 12 months in the mortgage industry – and indeed the entirety of global society – it should come as no surprise that fraudsters have been looking for new angles of attack on the financial system. One such scam that hasn’t received a lot of publicity (yet) is a new twist on the old employment fraud trick, and it’s targeting HR departments at mortgage companies of all sizes in an attempt to gain access to sensitive borrower data.

Simply put, criminals know that our companies have been dealing with volume-related operational constraints, especially in the underwriting and processing arenas, and most have been in the market to quickly hire new talent to reduce turn times. So, they’re creating resumes with falsified employment history and applying for open positions in the processing and underwriting departments of residential mortgage lenders. They’ve brushed up on buzzwords and industry terminology in the hopes that they can get through the interview process (which itself has changed dramatically and is now largely virtual in many firms) and start work which will give them access to borrower financial and personal information that they can either use to commit identity theft or sell to others to do the same. I have personally heard from multiple people that have either been victimized by it or work for companies whose names are listed in bogus work histories on resumes.

What Can I Do to Protect Myself?

Step 1: Awareness

If you’re an owner, sales manager, ops manager or HR professional at a company that is hiring, the first thing you need to do is immediately alert your recruiting and hiring team about the scam.

Step 2: Verification

If you’re not already doing so, your company needs to verify ALL recent work history for applicants you intend to hire. Just make sure to do it in a manner that is compliant with employment law and regulation in the state(s) in which you’re hiring. (Remember that some states prohibit collection of previous salary/compensation information in the hiring process, so don’t request copies of W-2s or paystubs where prohibited.)

Step 3: Control

Finally, if you have not already done so, please implement tight team and/or role-based access control measures for your Loan Origination System (LOS) so that only those employees with a legitimate reason to access a borrower file may do so. If you’re unsure about how to do this, please consult your LOS provider and/or an IT security company that can help. Given the massive regulatory focus on data and cybersecurity, you can’t afford not to do this even if you’re a small company and/or not currently hiring; just remember to update your Gramm Leach Bliley Act safeguards policy when you’ve rolled out any changes.

I hope that 2021 is treating you well and I look forward to seeing you for CE later this year.

Happy originating!
Peter


Real Estate Institute offers NMLS-approved Mortgage Loan Originator Pre-License and Continuing Education courses in three formats: Classroom, Live Webinar and Online. These courses were designed BY loan originators FOR loan originators covering topics you need to know to navigate today’s ever-changing lending landscape. Please don’t hesitate to contact us online or at 800-995-1700 with any questions about loan officer training or requirements. 

What You Need to Know About Illinois Managing Broker License Renewal in 2021

The Illinois Department of Financial and Professional Regulation (IDFPR) recently e-mailed Managing Brokers, announcing that these licensees are officially “In Renewal,” which means the department is now accepting online license renewal applications.

If you didn’t receive this e-mail announcement, you may need to update your contact information with the state to receive future notices. To easily update or add your e-mail address, click here.

Remember, you cannot renew your real estate license until you complete the required education.

Step 1 – Complete Continuing Education
Managing Brokers must complete 24 credit hours of continuing education (CE) consisting of 12 hours of core and elective CE plus the 12-hour Broker Management CE course. The specific CE requirements have changed for the 2021 renewal and include two new required courses: 4-Hour Core and Sexual Harassment Prevention Training.  Additionally, the Broker Management CE curriculum has been updated for 2021. 

Also new for 2021 – Managing Brokers can complete their entire requirement anywhere, at any time with Online Distance Education.

All of Real Estate Institute’s CE courses are compliant with the new requirements. To learn more about the recent education changes, click here

Note: Some newly licensed Managing Brokers renewing for the FIRST time may be exempt from Broker Management CE.  The licensing professionals at Real Estate Institute are happy to verify your requirement. If you are newly licensed, simply reach out.  We’re here to help!

Step 2 – Submit Your New License Application
After you have completed your continuing education requirement, you must renew your license with the IDFPR. There are two ways to renew your license:

  1. Renew Online – The IDFPR permits online license renewal applications to be submitted up to 90 days before the license expires. This option allows you to complete the entire renewal application and pay online. Click here to apply online.
  2. Mail Your Application – The application can be completed online, printed, and mailed with payment. If you use the paper application, we strongly recommend that you send it to the IDFPR via USPS Certified Mail so that you receive confirmation of delivery. Delivery confirmation will be critical in the event of a delay in license renewal. It will likely take the IDFPR several weeks to process your paper application.

Step 3 – Print Your New License
Once the IDFPR has processed your license renewal application, you should receive an e-mail indicating that your new license is available. Upon receiving this e-mail, you may log in and download or print a copy of your license. Note: Managing Brokers are required to carry a printed or electronic copy of their license.


Real Estate Institute has been a leader in real estate education for over 25 years. Our team of compliance experts is standing by to answer your questions about your requirements, our continuing education courses, and the renewal process. Please don’t hesitate to contact us online or at 800-995-1700.

I Want to Be a LOAN OFFICER When I Grow Up!

As someone whose mortgage career is north of 20 years old, I can say with certainty that this statement doesn’t find its way into a lot of first grade classrooms on career day. Nevertheless, roughly 304,000 people in the United States have found their way into this segment of the financial services industry, a large number in my specialty of residential mortgage lending. There are many ways that people come to a career in lending, from academic studies to career fairs to pure chance (like me!) If you’re taking the time to read this blog post, you’re likely considering joining the ranks of residential mortgage professionals (called “Mortgage Loan Originators”, or “MLOs”) and are looking for more information on the business. So, let’s discuss some key factors you’ll want to consider when making your decision. If you decide to move forward, allow me to be the first to welcome you to the business and I hope to meet you personally should you decide to choose Real Estate Institute for your required education.

A career in mortgage can be lucrative

As of this writing, the mean annual wage for Loan Officers is $76,270 according to the Bureau of Labor Statistics. Many people make much more than this, some make less, but the mean income is very solid for a career that doesn’t require an advanced degree. Keep in mind that many Loan Officers work on commission only and don’t receive a base salary. If you accept employment at a company with this pay structure, you’ll have the highest earnings potential but might take a year or two to realize it.

Mortgage lending can offer more flexibility than other career paths

Like any job, you’ll have to put in the hours to reap the rewards. In the mortgage business, however, you might be able to structure your working hours around family and other commitments. Need to see your kid off to school in the morning? Start work later in the day. Want to take a vacation? Technology has made it much easier to work remotely, so bring the office with you. Keep in mind that it’s common for MLOs to work weekends, especially during peak homebuying season.

It’s a great place if you’re a people person

At the heart of it, being an MLO is very much a people-oriented, sales career. The great thing is, you’ll be selling MONEY (which everybody needs) and showing people how to achieve and maintain the American dream of homeownership. If the thought of talking to people who aren’t your friends or family makes you queasy, however, becoming an MLO is probably not the right career path.

Technology is making the job easier but not replacing it

Let’s face it, there are a lot of industries where automation is reducing the number of available positions. While it may be easier for consumers to shop for a loan online today, they overwhelmingly still want to talk through their options with a real, live person who has their best interests at heart. Today’s mortgage professionals are expected to adhere to a higher ethical standard than ever before, but their jobs are not going away. In fact, the Bureau of Labor Statistics projects 3% growth in the number of MLOs over the next 10 years.

If you’re still interested in a career as an MLO after reading this, keep in mind that you’ll very likely need to take pre-license education and an exam, as well as pass a criminal and credit check to work in the business. The good news? We can help with the education and testing piece!


Real Estate Institute offers NMLS-approved Mortgage Loan Originator Pre-License and Continuing Education courses in three formats: Classroom, Live Webinar and Online. These courses were designed BY loan originators FOR loan originators covering topics you need to know to navigate today’s ever-changing lending landscape. Please don’t hesitate to contact us online or at 800-995-1700 with any questions about loan officer training or requirements. 

The Mortgage Industry in the Era of COVID: 2020 Storylines and A Look Ahead to 2021

A calculator with the 2021 on the display

To say that 2020 was an eventful year for the mortgage industry could be the biggest understatement in history. A global pandemic that decimated many sectors of the economy fueled record low mortgage rates which, in turn, drove record high volume. Add to that the fact that lockdowns in many areas forced people to start working from home as pipelines were bursting at the seams and you have a recipe that gave everyone from frontline Mortgage Loan Originators to underwriters to ops and secondary-marketing managers heartburn.

So, as the dust settles on the strangest year of our lives, let’s take a look at some of the industry storylines that may not have received a lot of mainstream media attention and what they might mean for the future.

Technology Takes Center Stage

The mortgage industry has traditionally been slow to adopt to technological advances. For example, although the Federal E-SIGN Act became law in 2000 and Freddie Mac and Fannie Mae have been allowing electronic signatures on loan documents since 2005, they didn’t gain much traction with originators until just a few years ago. The pandemic prompted a very fast re-imagining of the entire loan process with a focus on limiting personal contact. This forced many companies – and states – to confront the issue of various forms of electronic notarization, up to and including full RON (Remote Online Notarization). As of this writing, 29 States have allowed some form of electronic notarization either permanently or temporarily.

What to look for in 2021:
Continued pressure on state legislatures from industry groups like the Mortgage Bankers Association to make temporary provisions permanent and expand RON to additional states.

Working from Home Requires More Than a Laptop

In addition to the enormous IT staff challenges to rapidly equip a largely in-office workforce for remote work, compliance and licensing professionals in many states had to deal with regulatory requirements that MLOs complete their work at a licensed branch location. To their credit, many of these states worked quickly to provide temporary regulatory relief of in-office work requirements where possible, but long-term questions remain.

What to look for in 2021:
A state-based regulatory system is one of the strengths of the modern non-depository financial services sector; what works in Texas may not work in Massachusetts, Oregon or Iowa and states have the freedom to address their own concerns in their own ways. That being said, should the demand for remote work continue for an extended period of time (or permanently), some states – especially those that license branch offices – will need to reevaluate their licensing regulation to ensure it remains effective and relevant to the current situation. Additionally, companies and MLOs in certain areas may need to determine whether it’s necessary to obtain a branch license for an individual originator’s home. Finally, with the constant threat of wire fraud (attempts up 62% in 2020) and other issues, expect a continued intense regulatory focus on cybersecurity. Now is a good time for your company to do a full review of your policies and procedures to ensure proper data integrity and security.

Servicing Lessons Learned From the Last Financial Crash Are More Relevant Than Ever

One of the cornerstones of the response to COVID-19 is a temporary moratorium on foreclosures on most Federally-related mortgage loans via the FHFA and HUD in addition to many state-level moratoria on foreclosures and evictions. Given the shift to a truly borrower-centric approach to handling distressed loans after the financial crisis of 2008, servicers are well-positioned to provide the support necessary to mortgagors who have taken advantage of the many loan forbearance options available to them via the CARES Act.

What to look for in 2021:
While deadlines for exiting/resolving forbearance have changed several times, one thing is certain: at some point, borrowers will need to resume making timely payments on their mortgage loans. Servicers will need to dust off their loss mitigation playbooks and provide loan modifications to a segment of the borrower population that has returned to work but with a long-term reduction in income. Additionally, there will undoubtedly be many borrowers who won’t be able to reinstate their loans even with a modification. It is likely we will see some form of federal relief to assist these individuals in their transition to alternative housing similar to post-2008 programs. As forbearance programs end, economists and financial analysts will be focused on how the expected increase in foreclosures and deeds-in-lieu will affect available housing inventory (which has been extremely tight in many places) and potentially slow the rate of appreciation.

In addition to the storylines discussed here, 2021 is going to bring a new administration with new priorities and new people leading critical entities affecting housing policy such as HUD, the CFPB, Treasury and (very likely) the FHFA. Expect a realignment of policies relating to fair lending, affordable housing and the ongoing conservatorship of Fannie Mae and Freddie Mac (which will also be getting a new CEO). We’ll certainly be keeping an eye on what transpires and will be ready to discuss critical issues in upcoming blog posts, courses and speaking engagements.

In the meantime, from our family to yours, have a wonderful and safe holiday season and a happy new year.

Peter


Real Estate Institute offers NMLS-approved Mortgage Loan Originator Continuing Education and Pre-License courses in all three formats: Classroom, Live Webinar and Online, Self-Study. These courses were designed BY loan originators FOR loan originators covering topics you need to know to navigate today’s ever-changing lending landscape. Please don’t hesitate to contact us online or at 800-995-1700 with any questions about loan office training or requirements. 

What Illinois Employers Need to Know About Sexual Harassment Training Before the Deadline

woman raised her hand for stopping sexual harassment

The “Me Too” movement has increased awareness against sexual harassment and prompted Illinois to enact sweeping new legislation that promotes safe and inclusive work environments.

What Does This Mean For Employers?

As part of the Workplace Transparency Act (IL SB75 ), the Illinois Department of Human Rights requires all Illinois business with one or more employees to provide Sexual Harassment Prevention training to their workers by December 31, 2020, and every year thereafter. Employers who fail to meet this new requirement will be subject to civil penalties imposed by the Department of Human Rights.

What Is Illinois Sexual Harassment Training?

As an employer in Illinois, you are required to train ALL EMPLOYEES ANNUALLY about the prohibitions against unlawful sexual harassment. Specifically, the mandatory training must include:

  1. the definition of unlawful sexual harassment and examples of the same;
  2. a summary of relevant federal and State statutory provisions concerning sexual harassment, including remedies available to victims of sexual harassment; and
  3. the responsibilities of employers in preventing, investigating, and taking corrective action in response to sexual harassment.

Other Considerations?

Although you already strive to maintain an appropriately professional workplace, we know you don’t always have time to formally document your policies and training in ways that not only protect your team but also manage your liability. With this new requirement in place, it’s more important than ever that your policies and documentation match your intentions! It’s essential to find a training resource to help navigate this new requirement and importantly provide the critical documentation that proves compliance.


Real Estate Institute has been a leader in training and compliance for Illinois professionals since 1992. Prior to this new requirement for all employers, Sexual Harassment Prevention training was already mandated for professionals who are licensed by the Illinois Department of Financial and Professional Regulation (IDFPR). As an IDFPR approved education provider, Real Estate Institute has provided state-compliant Sexual Harassment Prevention training to thousands of busy individuals. Visit us online or call today for more information about how our training options can help you comply with this new requirement.

What’s Changed for Illinois Real Estate Managing Broker Continuing Education?

paper plane leadership concept - red paper plane leading the row

Back in January 2018, changes to the Real Estate License Act became effective, including significant updates to “modernize” education and renewal requirements. While some changes took effect right away, much of the implementation was deferred until 2019, so the IDFPR had time to develop transition plans for these significant changes. Among other things, the IDFPR needed to approve schools and courses that satisfy the new requirements.

Brokers and Residential Leasing Agents were the first to experience the impact of these changes, as they prepared for their 2020 renewal. Managing Brokers are up next, as you complete the education required for your upcoming renewal.

Here’s what you need to know to be successful with your upcoming Managing Broker license renewal. As a reminder, Managing Brokers must complete 24 credit hours of education before renewing.

Core A and Core B Continuing Education Courses Have Been Retired

For the previous renewal, Managing Brokers had to complete 12 hours of Core and Elective CE before renewing their license. That included the following:

  • 3-Hour Core A (Required Subjects)
  • 3-Hour Core B (Legal Subjects)
  • 6-Hour Elective or Core B

Now, all Core A and Core B courses are no longer available. (The course approvals have expired, for all schools). The subjects that were formerly categorized as Core B may still be offered as Electives at a school’s discretion.

You Need to Complete a New “Core” CE Course

The former Core A and Core B requirement has been replaced by a single “Core” curriculum requirement. Managing Brokers must now complete:

  • NEW 4-Hour Core (Subjects required by state law)
  • 8-Hours of Electives

Online Distance Education Is the New Self-Study

As part of the new requirements, Core continuing education courses may only be completed in an interactive format. This includes classes, webinars, and online distance education courses. The good news is that all courses completed in an interactive format do not require a final exam.

Core credit cannot be earned with a self-study course, whether book-based or online (such as PDFs). This means that only Electives may be completed in the traditional self-study format.

Sexual Harassment Prevention Training Is Required

Effective January 1, 2020, every Illinois professional licensed by the IDFPR, including real estate licensees, must complete at least one hour of sexual harassment prevention training before renewing their license. The training must be provided by a division-approved education provider.

All real estate licensees must be sure that their Elective CE hours include sexual harassment prevention training before renewing their license.

Broker Management CE Is Still Required

Managing Brokers must complete 12 credit hours of Broker Management, which may only be completed in an interactive format (live webinar, class, or online distance education). Self-study is not permitted.

More to Come

There are more changes on the horizon. If you need help, Real Estate Institute is available to guide you to a successful license renewal. Here’s another resource that provides a summary of the significant education changes. For future updates, subscribe to the Real Estate Institute blog and you’ll receive an email with the latest posts.


Real Estate Institute has been a leader in real estate education for over 25 years. Our team of experts is standing by to answer questions about your requirements, our continuing education courses and the renewal process. Please don’t hesitate to contact us online or at 800-995-1700.