What does it take to really complete the license transition? Many agents believe that once they’ve completed the education requirements, they are finished. This misunderstanding may cost you dearly. Completing the education requirement is only the first step in the process.
Either complete a transition education program or pass the state proficiency exam. If you are unsure whether you have satisfied this requirement, please contact the state-approved school where you enrolled. If you passed the proficiency exam, the school was notified and should have contacted you. If you completed a transition education program, you should have received a certificate of completion from the school. You will need this certificate to complete Step 2.
Send in your new license application. All applications for license transition must be received by the Illinois Department of Financial & Professional Regulation (IDFPR) no later than April 30, 2012. To apply for your new license, choose the scenario that applies to you:
Scenario 1: You completed a transition education program.
You must apply for the new license using the state’s paper transition form and pay the state fee.
- Real Estate Institute students received an envelope with their certificate of completion, state transition application form and even an envelope addressed to the IDFPR. Don’t forget to include your check or money order for the transition fee.
- Students from other schools must go to IDFPR RE Transtion and click on “Transition Forms.” You must include your certificate of completion (provided by the school) and payment.
Scenario 2: You passed the proficiency exam.
You have the option of applying for the new license online or on paper. Your results have already been transmitted to the IDFPR by the state’s testing service (AMP).
- Online: Go to IDFPR RE Transtion and click on “Online Transition Application.”
- Paper: Go to IDFPR RE Transtion and click on “Transition Forms.”
Scenario 3: You are a broker and do not want to transition to the new managing broker license.
You are not transitioning to a new license type and will lose your ability to self-sponsor or manage other licensees; therefore, you do not need to apply for a new license. You must complete 12 hours of continuing education before your license renewal.