Question 1
Which Illinois state agency is responsible for issuing and regulating real estate licenses?
Correct Answer:
Illinois Department of Financial and Professional Regulation (IDFPR)
Question 2
Under the Illinois Real Estate License Act of 2000 (225 ILCS 454), what is the entry-level license called for someone who wants to sell real estate?
Correct Answer:
Broker license
Question 3
How many hours of pre-license education does Illinois require to obtain a broker license?
Correct Answer:
75 hours
Question 4
What is the format of the Illinois real estate broker licensing exam administered by PSI?
Correct Answer:
140 questions total (100 national + 40 state), scored separately, passing 70% national and 75% state
Question 5
Within the first renewal period, how many hours of post-license education must a new Illinois broker complete?
Correct Answer:
45 hours
Question 1
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About this Exam

Prepare with the IL Real Estate Practice Questions - Illinois Real Estate Broker Exam practice quiz. This question bank includes 100 questions covering illinois, real, estate, broker, and property. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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IL Real Estate Practice Questions - Illinois Real Estate Broker Exam

This practice set contains 100 questions from the matching question bank and focuses on illinois, real, estate, broker, and property. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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