What happens if I do not renew my IL license on time?

To renew your Illinois broker license, you will use the online services portal. Real estate broker renewals occur in even-numbered years.

The real estate broker renewal fee is $150 made payable through the online portal to the IREC.

In Illinois, real estate broker licenses renew in even-numbered years, such as 2020, 2022, 2024, and so on. Therefore, your renewal happens every two years.

For your first-time license renewal, you must complete a required 45-hour post-education course prior to the April 30th deadline in your even-numbered year. Depending on when you received your license, such as near the end of the two-year cycle, you may have some additional time. Check with the IREC.

You must still fulfill all of the continuing education requirements as an active licensee. This will be the 45-hour post-licensing course for your initial renewal or the 12 hours continuing education or your continuing renewals.

After your first-time renewal, you'll be required to take 12 hours of continuing education each two-year cycle. There will be a 6-hour core continuing education requirement. The IREC will indicate what classes are part of the core continuing education hours.

The process for renewing an inactive license is the same as an active license. The online license renewal portal opens 90 days before your renewal deadline. You'll receive an email with renewal information and your unique pin number.

Your online license renewal portal will open 90 days before the renewal deadline. License deadlines are April 30th in even-numbered years. You will receive an email before the renewal deadline with renewal information and a unique pin number essential to complete your renewal application.

If you fail to complete your license renewal, you will be unable to practice real estate after the renewal deadline. Practicing real estate without an active license may lead to discipline by the IDFPR.

You must make an application for the reinstatement of your broker license. You'll need to make sure you have a designated managing broker, update your continuing education, and pay any required fees. The fees will be paid to the IDFPR using a check or money order. The fee is $200.