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Licensing Requirements
- Have your High School Diploma or successfully complete a GED class.
- Be 21 years of age at the time of testing.
- Successfully complete a 45-hour basic real estate transaction class. Pass with a 75%.
- Successfully complete the state exam with a 75%.
The state test is given twice daily at H&R Block by Hilander at the corner of Riverside and North Main.
The test costs $45.00 and is divided into National and State questions.
There are many places to take this 45-hour class. Most large real estate companies offer them. They can be taken by a home-study. They can be taken on line. Most classes will meet two evenings a week.
The classes sponsored by Dickerson & Nieman Realtors* are usually offered 3-4 times a year. The classes meet on Monday and Thursday evenings from 6:00pm to 9:00pm and are held at the Northern Illinois Educational Center at 8500 East State. There are 15 classes in each session and will take 7 1/2 weeks to complete. The cost for our class is $325.00.
Many of the licensing schools use the same textbook. The difference in the schools is the instructor. Make sure the instructor has experience in the real estate business. Ask for references from past students. Ask the instructor what his/her pass rate for the state exam is.
Your class will cover real property vs. personal property, contract law, mortgages and financing, appraisals, the brokerage business, the law of agency, title insurance, math prorations,real estate taxes, ownership and other information. Expect to study at least 3-4 hours between classes.
*The Dickerson & Nieman Realtors' instructor is licensed through the Realtors Real Estate School.
Managing Broker of Rockford D&N Office
Licensed since 1978
Prelicensing Instructor since 1983
CE instructor
GRI
Illinois Broker
If you're interested in a career at the top Rockford area office, please give me a call at 815.381.1143
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Ginger Westin 815-381-1134 gingerw@dickersonnieman.com
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