July 1, 2019 is an important day for Illinois real estate licensees.
Starting July 1, Brokers, Managing Brokers and Residential Leasing Agents are subject to new continuing education requirements. It’s been over a decade since we’ve seen major changes like this!
In January 2018, the Real Estate License Act was amended with significant updates that “modernize” education and renewal requirements. While some changes took effect right away, much of the implementation was deferred until now, so the IDFPR had time to develop transition plans. These plans included approving schools and courses that satisfy the new requirements.
Here are the facts you need to know to survive your next real estate license renewal.
FACT 1: Core A and Core B Continuing Education Courses Have Been Retired
Until today, most Brokers and 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.
FACT 2: You Probably 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The former Core A and Core B requirement has been replaced by a single “Core” curriculum requirement. Brokers and Managing Brokers must now complete:
- NEW 4-Hour Core (Required Subjects)
- 8-Hours of Electives
Residential Leasing Agents only need to complete a special 6-Hour core course (and no electives).
If you already completed some or all of your CE for the current renewal period, you may be exempt from the new requirement.
If it’s your first license renewal, you’ll need to complete 30 credit hours of Post-License education instead of continuing education.
FACT 3: 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.
The Core credit cannot be earned with self-study courses, whether book-based or online (such as PDFs). This means that only Electives may be completed in the traditional self-study format.
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.
This means that all real estate licensees must be sure that their CE (or Post-License education) includes this training in order to renew. This first impacts Brokers and Leasing Agents who renew their licenses in 2020.
There are more changes on the horizon. If you need someone to throw you that life preserver by reviewing your transcript or helping you navigate these new waters, Real Estate Institute is available to guide you to a successful license renewal. Here’s another resource that provides a summary of the major education changes.
Real Estate Institute has been a leader in real estate education for over 25 years. Our team of 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.