Illinois Continuing Education COURSE
Illinois 12-Hour Broker Management CE Course (BMCE)
$135.00
12 Total hours
0 Elective hours
12 Core hours
This course provides advanced learning in an interactive format for all managing broker licensees. In addition to Illinois Real Estate License Act updates, the course helps managing brokers create, implement, and apply office policies required to operate and manage brokerages that are successful and compliant with real estate law and regulations.
This 12-hour course meets the broker management core course for brokers in Illinois.
Course highlights include:
- New definitions in the Illinois Real Estate License Act
- Role, title, and usage of the term “designated managing broker”
- Direct supervision requirements of new licensees
- Escrow supervision requirements
- Brokerage transaction supervision requirements
- Oversight of electronic negotiation
- Agency disclosure laws and the managing broker’s role in ensuring disclosure compliance
- Online advertising regulations, including the one-click rule
- Illinois sponsoring broker supervisory responsibilities
- Training requirements for sponsoring brokers
- Team advertising laws
- Dual and designated agency; non-agency relationships
- Changes to age and education requirements for Illinois licensees
- Required interactions with the Division of Real Estate
- Activities and scenarios to provide real-world context for course content