The Illinois Department of Financial and Professional Regulation (IDFPR) recently e-mailed 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 required education.
Step 1 – Complete Continuing Education or Post-License
Brokers licensed before February 1, 2018 must complete 12 hours of core/elective continuing education (CE). The specific CE requirements have changed for the 2020 renewal and include two new required courses: 4-Hour Core and Sexual Harassment Prevention training. All Real Estate Institute’s CE courses are compliant with new requirements. To learn more about the recent education changes.
Brokers licensed from February 1, 2018 through November 1, 2019 are renewing for the first time and must complete a Broker Post-License program (instead of continuing education).
Brokers licensed after November 1, 2019 were issued licenses that expire on April 30, 2022 – so no action is required at this time. However, there are compelling reasons to complete a Broker Post-License program sooner, rather than later. Call us to learn more!
No matter when you were licensed, it’s important to retain documentation of your course completions. When licensees complete courses with Real Estate Institute, we promptly report their completions to the IDFPR.
Step 2 – Submit Your New License Application
After you have completed your CE or Post-License education requirement, you must renew your license with the IDFPR. There are two ways to renew your license:
- 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.
- 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: 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 or post-license courses and the renewal process. Please don’t hesitate to contact us online or at 800-995-1700.