Real Estate Auctions

$19
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 1 Mandatory Hours: 0 Total Hours: 1
Description
Renewal Requirements

Click a button. Raise a paddle. Buy a house. It's just that easy--and that risky. Auctions offer opportunities and benefits and they don't only take place on the courthouse steps. They also provide the opportunity to lose one's shirt.

In this course, you’ll learn how properties end up at auction and the types of auctions you and your clients may encounter. You’ll explore the benefits and detriments of buying or selling at auction, and you’ll finish with a greater understanding of your auction-related responsibilities when working with buyers, sellers, or on your own behalf as an investor, listing agent, referral source, cooperating agent, or even auctioneer.

Going once ...

Package Content:

State Requirements For Illinois

Illinois State Requirement Details for Real Estate Managing Broker Continuing Education

Renewal Date: April 30th of odd-numbered years

Hours Required by the State: 24 hours

  • 12-hour Broker Management CE course
  • 6-hour core course
  • 6 hours of elective courses including
    • 1-hour course in Sexual Harassment Prevention Training

Note: A managing broker renewing their license for the first time may use the 45-hour managing broker pre-license brokerage administration and management course to satisfy the 12-hour broker management CE requirement.  If the current term of the managing broker license ends within the 90 days after the initial managing broker license is issued, a licensee is not required to complete CE for that managing broker license term but shall complete all CE requirements before the next managing broker renewal deadline.

Illinois Department of Financial and Professional Regulation Division of Real Estate

Street Address: 320 West Washington Street, 3rd Floor, Springfield, Illinois 62786

Mailing Address: 320 West Washington Street, 3rd Floor, Springfield, Illinois 62786

Telephone: (800) 560-6420

Email: fpr.realestate@illinois.gov

IDFPR Real Estate Brokerage

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