ADDITIONAL MANAGING BROKER LICENSING INFORMATION

SURE WIN MANAGING BROKER COURSE

• Complete the 30-hour Topics online coursework then complete the 15-hour Interactive Applied Principles online coursework.
• All coursework must be completed within 9 months from registration.
  • We provide a 3 month extension (from the expiration date) for $80.
  • If more than 9 months has past since the expiration date or to redo the coursework for any reason at any point in the future a reinstatement fee is required. Reinstatement requires starting over from the beginning with the education coursework.
• Upon payment of all fees and successful completion of ALL the required coursework, a school transcript is emailed to you.
• Upon payment of all fees and successful completion of ALL the required coursework, students who have completed the entire Sure Win 45-Hour Managing Broker Licensing education program receive a license key, to access the full classic version of the exam prep online program from ExamSmart FREE (regularly $59), to further help them prepare for the State exam.

STATE EXAM AND MOVING FORWARD

• The Illinois real estate state exam is administered by a PSI. You will schedule with them to take it once you have completed all the required coursework.The current cost to take the exam is $58. The state exam consists of 2 tests; National Topics and State Specific Topics.
  
  • The National Topics test is 90 multiple choice questions.
  • The State Topics test is 40 multiple choice questions.
  • You take both with the national exam first then the state exam.
  • You need to pass each separately with a score of 75% or better.
  • You have 2 years after completing the education and 4 tries to pass them.
  • If you pass one test and not the other, only the one failed needs to be taken again.
  • If you fail either or both tests 4 times, you need to complete the Managing Broker License education over again to get 4 more tries.
• Once you pass the state exam you receive a pass report, not a license.
  • Within 1 year of passing the exam, you need to apply for your Managing Broker License.
  • You can apply for your license without being sponsored. Illinois no longer requires association/sponsorship with a sponsoring broker to get or keep a real estate license. Your license will be “Inactive” meaning you CANNOT do any licensed activities or receive any referral fees. 
  • The cost for the license application is $200 plus $35 for a sponsor card (if needed).

ADDITIONAL INFORMATION

• For the school policies, go to Sure Win School Policies.
• For additional questions or help, send an email to Support@SureWinCE.com or call 888-844-7515.