Best Real Estate Schools In Illinois

Choosing the Best Real Estate Schools In Illinois can feel overwhelming with so many options available. I’ve been there myself, and I know how challenging it can be to find the right school that fits your needs and promises future success.

That’s why our team has put together this guide to help you make an informed decision. In this guide, we’ll cover:

• The best real estate schools in Illinois and what makes them stand out.
• The importance of choosing the right school for your career prospects.
• Key factors to consider when selecting a real estate school in Illinois.

What Are the Top Real Estate Schools in Illinois?

Choosing the right real estate school is crucial for your success. Here are some premier options in Illinois, known for their robust curriculum, interactive learning experiences, and excellent student support.

The CE Shop

The CE Shop is a standout institution for aspiring real estate agents in Illinois.

• Interactive Courses: They offer highly interactive, online courses that can be accessed 24/7.
• Student Satisfaction: Boasting a 96% student satisfaction rate, they prioritize comprehensive learning.
• Course Packages: Choose from Standard, Value, or Premium packages based on your needs.
• Pass Guarantee: Their pass guarantee ensures that you are well-prepared for licensing exams.

However, if you prefer in-person guidance, note that The CE Shop lacks physical classroom facilities and direct instructor support.

PDH Real Estate

PDH Real Estate is another reputable choice approved by the Illinois Department of Financial and Professional Regulation.

• Self-Paced Learning: Their 100% self-paced courses come with lifetime access to training materials.
• Customer Support: They offer robust customer support to help you navigate your studies.
• Affordable Pricing: PDH provides quality education at competitive prices.

One limitation is the lack of various package options, which might restrict personalized learning experiences.

Kaplan Real Estate Education

A leader in test preparation, Kaplan Real Estate Education offers diverse learning formats and extensive resources.

• Flexible Learning Options: They provide online, hybrid, and home study packages to cater to different learning preferences.
• Career Mentoring: Their unique career mentoring service helps you bridge the gap between education and practice.
• Comprehensive Curriculum: Known for their detailed instruction and state-specific course content.

But, if you’re looking for mobile learning, Kaplan currently doesn’t offer a dedicated mobile app.

Colibri Real Estate

Previously known as Real Estate Express, Colibri Real Estate caters to various needs with versatile instruction styles.

• Variety of Packages: From basic to advanced, choose a package that fits your learning style.
• Access to Coaches: Enjoy access to coaching videos and live instructions for an interactive learning experience.
• Exam Prep: They offer robust exam preparation to ensure you’re well-prepared.

However, the lack of a mobile app and limited weekend livestream sessions might be a disadvantage for some students.

Real Estate Institute

With over 30 years of experience, the Real Estate Institute offers reliable and high-quality education.

• Experienced Faculty: Learn from seasoned professionals with extensive industry knowledge.
• High Pass Rates: They have well-established teaching methods with high first-time pass rates in state exams.
• Variety of Formats: Take advantage of online, in-person, and hybrid learning options.

One drawback is their no-refund policy, which could be a concern if you need flexibility.

Real Estate School of Illinois

Focused on affordability and quality, the Real Estate School of Illinois ensures accessible education.

• Low Price Guarantee: They provide some of the most cost-effective courses in the state.
• Fully Online: Their 100% online courses make learning convenient and flexible.
• Guarantee Policy: Their satisfaction guarantee promotes confidence in their educational quality.

The primary limitation is the availability of only one package option, which may not suit all students.

Inland Real Estate School

Renowned for its extensive experience in real estate education, Inland Real Estate School is a prestigious institution.

• Experienced Educators: Learn from industry veterans who bring real-world scenarios into the classroom.
• Specialized Training: They offer specialized courses tailored to various real estate fields.
• Flexible Learning: Choose from in-person, online, and hybrid learning formats.

However, their high prices and limited package options might be restrictive for some prospective students.

Why Choosing the Right Real Estate School Matters

Selecting a high-quality real estate school in Illinois is a significant step towards ensuring a successful career in the industry.

Impact on Career Prospects

A reputable school prepares you thoroughly for the state exams, enabling you to pass on the first try, which is crucial for a swift entry into the profession. Proper education lays a solid foundation, giving you the confidence and skills needed to handle real-world scenarios effectively.

Networking Opportunities

Top-rated schools often provide excellent networking opportunities. Connecting with instructors, peers, and industry professionals can help you secure internships and job placements. Leveraging these networks can significantly enhance your career development.

Practical Skills and Knowledge

Beyond theoretical knowledge, a good real estate school teaches practical skills such as negotiation, client management, and ethical practices. These are essential for your long-term success. Schools accredited by bodies like ARELLO or IDECC guarantee education that meets industry standards and imparts necessary skills.

Support and Resources

Choosing a school that offers strong support services can make your learning journey smoother. Access to instructors, career services, and continuous support resources helps you stay on track and achieve your goals efficiently.

Factors to Consider When Choosing a Real Estate School

Choosing the best real estate school in Illinois involves evaluating several critical factors to ensure it meets all your expectations and needs.

Accreditation

Ensure the school is accredited by recognized bodies such as the Association of Real Estate License Law Officials (ARELLO) or the International Distance Education Certification Center (IDECC). Accreditation assures that the school’s curriculum and teaching methods meet high educational standards.

Course Content

Comprehensive course content is vital. The curriculum should cover essential topics such as:

• Real Estate Law
• Property Management
• Real Estate Finance
• Ethics and Professional Practices

Schools like Kaplan Real Estate Education provide detailed syllabi, showcasing their commitment to thorough and well-rounded education.

Teaching Methods

Look for schools that offer diverse teaching methods to cater to different learning styles. Options might include:

• Online Courses: Ideal for self-paced learning and flexibility.
• In-Person Classes: Beneficial for those who prefer structured, face-to-face interaction.
• Hybrid Learning: A mix of online and in-person, offering the best of both worlds.

Colibri Real Estate and Kaplan are exemplary in offering varying formats to accommodate all learners.

Cost and Payment Options

Compare tuition fees and ensure that the school offers a good balance between cost and quality of education. Some institutions, like the CE Shop and Real Estate School of Illinois, provide flexible payment options and refund policies to ease the financial burden.

Support Services

Strong student support services can make a significant difference in your learning experience. Look for features such as:

• Access to Instructors: Direct access can help clarify doubts and provide personalized guidance.
• Career Services: Assistance in job placement and internships can give your career a head start.
• Technical Support: Timely support can prevent disruptions in your online learning journey.

PDH Real Estate is known for its excellent customer and technical support, ensuring a seamless educational experience.

How to Become a Real Estate Agent in Illinois

Becoming a licensed real estate agent in Illinois involves several key steps. Following these steps carefully will help you navigate the process smoothly.

Pre-Licensing Education

The first step involves completing the mandatory pre-licensing education. According to the Illinois Department of Financial & Professional Regulation, you must complete 90 hours of pre-licensing education. This includes:

1. 60-Hour Broker Pre-License Course: Covers foundational knowledge required to enter the real estate profession.
2. 15-Hour Applied Real Estate Principles Course: Provides practical insights and interactive learning experiences.

Schools like Kaplan and the Real Estate Institute offer these courses in various formats to fit different learning preferences.

Passing the Licensing Exam

After completing the pre-licensing education, the next step is to pass the Illinois Real Estate License Exam. The exam is administered by PSI, and you need to achieve a minimum passing score of 75%.

• Exam Fee: $58
• Study Resources: Utilize study guides, practice tests, and exam prep courses offered by schools like The CE Shop and Colibri Real Estate to increase your chances of success.

Selecting a Sponsoring Broker

Once you pass the exam, you need to choose a sponsoring broker. This broker will oversee your initial professional activities and help you transition from education to practice. It’s important to select a broker with a supportive environment and ample growth opportunities.

Submitting the Application

Finally, submit your application online to the Illinois Department of Financial & Professional Regulation. Along with the application, you need to pay a fee of $125. If all your documents are in order, you will receive your real estate license, allowing you to start your career as a broker in Illinois.

Online vs. In-Person Real Estate Courses: Pros and Cons

Choosing between online and in-person real estate courses can significantly impact your learning journey. Both formats come with distinct advantages and some drawbacks. Here’s how you can decide which one suits you best:

Online Real Estate Courses

Pros:

• Flexibility: Online courses allow you to study at your pace, fitting learning into your schedule. This is ideal if you have other commitments, like a job or family responsibilities.
• Accessibility: You can access course materials from anywhere, making it convenient if you live far from major educational centers or prefer studying from home.
• Cost-Effective: Generally, online courses are more affordable due to lower overhead costs. Schools like The CE Shop provide budget-friendly options without compromising quality.
• Higher Retention Rates: Research indicates that online learners retain 25-60% more material compared to traditional classroom settings.

Cons:

• Less Networking: Online courses can limit face-to-face interactions, essential for building professional networks.
• Self-Discipline Required: Studying online requires strong self-motivation and discipline to ensure you keep up with the coursework.
• Technical Issues: Internet connectivity issues can disrupt your learning experience.

In-Person Real Estate Courses

Pros:

• Immediate Access to Instructors: In-person classes provide real-time interaction with instructors, allowing for instant feedback and clarification of doubts.
• Structured Environment: The classroom setting provides a disciplined and structured learning environment, which can enhance focus and productivity.
• Networking Opportunities: These courses facilitate better networking opportunities with peers and instructors, which can be invaluable for career growth.

Cons:

• Fixed Schedule: In-person classes require commitment to a fixed schedule, which can be challenging if you have other responsibilities.
• Higher Costs: These courses often come with higher tuition fees due to the costs associated with physical facilities and materials.
• Travel Time: Commuting to and from the class can be time-consuming and often inconvenient.

Decide based on your lifestyle, learning preferences, and professional goals. Schools such as ABR Real Estate School offer hybrid learning formats that combine online and in-person features, potentially providing a balanced solution.

Frequently Asked Questions About Real Estate Schools in Illinois

What Are the Costs Involved in Becoming a Real Estate Agent in Illinois?

The total cost of becoming a licensed real estate agent in Illinois includes various fees and educational expenses. Typically, you can expect to spend about $670, which covers:

• Pre-Licensing Courses: Costs range widely, and you can find competitive pricing from schools like the Real Estate School of Illinois.
• Exam Fee: The licensing exam fee is $58.
• Application Fee: Once you pass the exam, you need to pay a $125 fee to apply for your license.

How Long Does It Take to Complete Real Estate Courses?

The duration to complete pre-licensing education depends on your pace. On average:

• Pre-Licensing Courses: Most students finish the mandatory 75 hours of pre-licensing education, including both broker courses, within 4-6 weeks.
• Exam Preparation: Allocating an additional 2-3 weeks for exam preparation is advisable to ensure a strong grasp of the material.

What Is the Process for License Renewal in Illinois?

Real estate licenses in Illinois must be renewed every two years. The renewal process includes:

1. Continuing Education: You are required to complete 12 hours of continuing education courses. These are designed to keep you updated on industry practices and legal changes.
2. Renewal Fee: The renewal fee is $125.
3. CPD Requirements: Ensure you meet all Continuing Professional Development (CPD) requirements set by the state.

Do Real Estate Schools in Illinois Offer Job Placement Assistance?

Many top real estate schools, like Kaplan Real Estate Education, provide career services to assist students in entering the job market. These services might include:

• Career Mentoring: One-on-one mentoring to help you understand job market dynamics.
• Job Placement Assistance: Connecting students with potential employers and networking opportunities.
• Internship Programs: Internships can offer practical experience and often lead to permanent employment.

Real Estate License Qualifications in Illinois

Before embarking on your educational journey, it’s important to understand the qualifications required to obtain a real estate license in Illinois.

Basic Qualifications

Age and Education:

• Minimum Age Requirement: You must be at least 18 years old.
• Educational Background: A high school diploma or GED is required.

Pre-Licensing Course Requirements

To become licensed, you must complete specific pre-licensing courses approved by the Illinois Department of Financial & Professional Regulation:

• 60-Hour Broker Pre-License Course: Focuses on essential real estate principles, laws, and ethics.
• 15-Hour Applied Real Estate Principles Course: An interactive course designed to apply theoretical knowledge to practical scenarios.

Criminal Background Check

Applicants must disclose any felony or misdemeanor convictions. Some offenses, particularly those related to fraud or dishonesty, may affect your eligibility. However, certain convictions like sealed or expunged records do not need to be reported.

Additional Qualifications

After meeting the educational and background check requirements, candidates must:

1. Pass the Illinois Real Estate License Exam: This exam measures your understanding of state laws and real estate practices.
2. Secure a Sponsoring Broker: To legally work as a broker, you must be employed under a licensed broker who will guide you during your initial career phase.

Understanding these qualifications ensures you meet all requirements efficiently, speeding up the process of becoming a licensed real estate professional in Illinois.

Looking for Real Estate School Information On States Bordering Illinois?

In addition to Illinois, we suggest looking for schools in nearby states.

• Best Real Estate Schools In Wisconsin
• Best Real Estate Schools In Iowa
• Best Real Estate Schools In Missouri
• Best Real Estate Schools In Kentucky
• Best Real Estate Schools In Indiana

Conclusion: Finding the Best Real Estate School in Illinois for You

Choosing the right real estate school in Illinois can set the foundation for a successful career in real estate. Whether you prefer the flexibility of online learning or the structured environment of in-person classes, there are excellent options available to cater to your needs. Evaluate each school based on factors like accreditation, course content, teaching methods, cost, and support services to make an informed decision. Your journey to a rewarding career starts with the right education, so choose wisely and take the next step towards achieving your professional goals.