I’m looking to get my real estate license in Illinois while also working full time. I saw that one of the requirements is to work under a supervising broker after I pass the test. Does this mean I need to find someone to sponsor me for this?
@Christopher Bell - Hey Chris - You are exactly right. After you pass the test and get your license you will need to find a brokerage, which will, in turn, have a sponsoring broker for you. If you are interested in going out on your own you will need two years under that sponsoring broker before you can go take the managing broker test and once passed you can open up your own brokerage. Hope that helped!
Agree with Jonathan.
I am in the same exact boat! I am working full-time and just passed my test a couple of weeks ago. I would recommend doing your research prior to passing the exam to find a sponsoring broker. I was able to find mine before passing my test, that way, once you pass, you can start practicing right away. Most find a sponsoring broker AFTER they pass their test and it can take a few weeks to research and interview. I got that done before so I can start right away. Hope that helps!
What would the sponsoring broker need to do necessarily?
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