Per the recent updates to the Real Estate License Act, 225 ILCS 454/1-1 et seq., designated managing brokers must serve as liaisons for newly licensed brokers who have not completed the post-license education. …designated managing brokers shall directly handle all…
On Wednesday, March 18, the Illinois Department of Financial and Professional Regulation (IDFPR) announced the extension of renewal dates and continuing education (CE) deadlines from the original date of April 30, 2020, to September 30, 2020. Also, any pre or…
With the changes to the license law comes updated license renewal requirements! Before you start signing up for classes, take some time to review these changes and how they affect you. You need to do two things: Look up what…
On August 9, 2019, Governor JB Pritzker signed Public Act 101-0357 into law. This updated the Real Estate License Act of 2000, extending it until January 1, 2030. The main purpose for this update was to overhaul the existing Act…
This year, the Real Estate License Law (RELA) received its long-awaited rewrite. These updates can be hard to keep up with, and to help with that, the Illinois Department of Financial and Professional Regulation’s Real Estate Division recently released “Looking…