Shiloh, IL – How about a career in real estate? The REALTOR® Association of Southwestern Illinois (RASI), a training center for Illinois REALTORS®, will hold two real estate broker pre-license courses via Zoom. The new 75-hour broker pre-license course is a mandatory basic course for those who would like to begin a career in real estate.
The real estate industry has evolved into a highly specialized business that also involves various specialties. There are various fields of the real estate industry, including Residential Brokerage, Commercial Brokerage, Industrial Brokerage, Farm & Land Brokerage, Land Developer, and Professional Real Estate Assistant.
To begin a career in real estate in Illinois, one must:
- be at least 18 years old
- be a high school graduate or equivalent (GED);
- complete 75 hours of broker course work, including 15 hours of interactive training
- pass the state exam with a score of 75% or better
- be sponsored by a sponsoring managing broker in Illinois
The 75-hour Broker Pre-Licensing course includes a daytime course Mondays from 9:00 am to 4:00 pm, starting Monday, April 12th through Thursday, June 8th. There’s also an evening course on Tuesdays and Thursdays from 6:00 pm to 9:30 pm, beginning on Tuesday, May 4th through Thursday, July 15th. All classes observe federal holidays.
The class is being held via Zoom Video Conferencing due to current social distancing standards, so students must have a computer with a working camera to attend classes.
The cost of the class is $585 – $625, depending on how early you register. The cost of the class includes books and materials, classroom instruction, and the 15 hours of interactive learning.
Financial assistance is available for the pre-license course. The Illinois Education and Training Grant is a scholarship for eligible individuals who are pursuing a real estate degree or license in the state of Illinois. The grant may be used towards Illinois REALTORS® D2L online courses (75-hour Pre-License Topics course & 15-hour Broker Pre-License Interactive webinar) or any live classroom offered at an Illinois REALTORS® branch. Information about this and other scholarships is available on the REEF website and inquiries may be directed via email or by phone call to 866-854-7333.
U.S. military veterans who want to start a career in real estate may apply for reimbursement of their Illinois REALTORS® pre-license class fees through the GI Bill®. The federal program applies to live pre-license classes provided by Illinois REALTORS® Licensing & Training Center education branches. Only live (including Zoom Video Conferencing), instructor-led courses are eligible for reimbursement.
The Illinois Real Estate Educational Foundation (REEF) administers the Illinois Minority Real Estate Scholarship Program in partnership with the State of Illinois, which allows us to award 60 scholarships each year to qualified racial residents of Illinois pursuing courses of study that will prepare them for careers relating to real estate or enhance the skills and knowledge that they currently use as real estate professionals. As a part of the Diversity Initiative, Illinois REALTORS® is partnering with REEF to increase the number of scholarships awarded by another 40 annually. The number of Illinois Minority Real Estate Scholarships will significantly increase to 100 scholarships awarded each year.
To register for this course or for more information on RASI and real estate careers, visit 618realtor.com or contact the office at (618) 277-1980.