What is a post-license requirement for new brokers in Illinois?

In Illinois, new brokers are required to complete 45 hours of post-license education within the first licensing period after obtaining their broker's license. This requirement is crucial because it helps ensure that brokers are equipped with the necessary knowledge and skills to effectively serve their clients and navigate the complexities of the real estate market.

The 45 hours of education is designed to build on what was learned during the pre-licensing coursework and to address current topics and trends in real estate. This may include various aspects of real estate law, ethics, agency, and practices that are essential for maintaining professionalism in the industry.

While the other provided options mention courses and exams that are related to real estate education, they do not specifically align with the post-license requirement for new brokers in Illinois. The completion of a 60-hour course pertains to pre-licensing education, and there is no requirement for a written exam at the post-license stage specifically for new brokers. Similarly, obtaining a designation from the National Association of Realtors does not fulfill the mandatory post-license education requirement. Thus, the completion of 45 hours of post-license education stands out as the essential requirement for new brokers in Illinois.