New Post-Licensing Requirement Change Affects Managing Brokers
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 earnest money, escrows, contract negotiations and advertisements for brokers who have not completed the 45-hour post-license education. 225 ILCS 454 Section 10-55(b)
Save yourself stress and prevent strained workloads by encouraging your newly licensed brokers to take their course immediately at the REALTORS® Real Estate School.
At RRES, our recommendation is that all newly licensed real estate brokers complete their 45 Hour post-licensing requirements as soon as possible instead of waiting for the approach of their license renewal deadline. We offer the three 15-hour courses that compose the 45 Hour Post-license requirement. Visit
www.chicagorealtor.com/45hour to view the lineup of classes!
Congratulations CAR Staff Members Jakeeva Lee and Adriann Murawski
Our External Affairs Manager Jakeeva Lee has been named to Association Forum’s 2020 “Forty Under 40” class. This program is a prestigious recognition of 40 accomplished association or non-profit professionals who are under the age of 40.
We are also excited to announce that our Government AffairsDirector Adriann Murawski has been named a 2020-2021 Goldie Scholar. Founded in 2007 by Chicago real estate icon Goldie B. Wolfe Miller, The Goldie Initiative is dedicated to redefining the commercial real estate industry by elevating and advancing the careers of women. The Goldie Scholars are part of this initiative. They are a professional community of women with extraordinary academic and leadership potential.
Congratulations on your achievements, Jakeeva and Adriann!
The 77 Representatives Join Pitch in for the Parks
Pitch in for the Parks, a citywide volunteer initiative led by the Chicago Parks Foundation to help keep the city’s parks clean, brought communities together to clean up trash and beautify their neighborhood parks.
The 77 Committee representatives and Chicago REALTORS® joined this initiative to provide extra sets of hands in our communities. Clean up events took place at Abbott Park, Marquette Park, Armstrong Park and Margate Park. Thank you for helping keep our parks and communities clean