Illinois Real Estate Exam

Maintained and Updated as of 2024

The Illinois Real Estate Exam is administered by the State of Illinois Department of Financial and Professional Regulation�s Bureau of Real Estate Professions for prospective real estate brokers, managing brokers, leasing agents, real estate firms, real estate appraisers, auctioneers, auction firms, home inspectors, and home inspector entities applying for licenses. All salespersons and brokers must pass the computer exam in order to qualify for a license in Illinois.

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The Illinois Real Estate Exam is administered by the State of Illinois Department of Financial and Professional Regulation�s Bureau of Real Estate Professions for prospective real estate brokers, managing brokers, leasing agents, real estate firms, real estate appraisers, auctioneers, auction firms, home inspectors, and home inspector entities applying for licenses. All salespersons and brokers must pass the computer exam in order to qualify for a license in Illinois.

Exams are scheduled based on the volume of applicants. Test-takers may choose from testing in Chicago or Springfield.

Topic breakdown:

 

 

  • Property Ownership and Land Use Controls and Regulations
  • Laws of Agency
  • Valuation and Market Analysis
  • Financing
  • Transfer of Property
  • Practice of Real Estate
  • Mandated Disclosures Contracts


This practice exam will help you not only review key real estate concepts, but also familiarize yourself with the multiple choice written exam format that you will encounter on test day.

 

To supplement this free practice quiz, we strongly recommend full exam preparation from our sponsor United Realty Media, which offers a high quality web-based training for the Illinois Real Estate Exam.

Disclaimer: This content is provided for informational purposes only. It has not been edited, fact checked or updated. This content is neither affiliated nor endorsed by the Illinois Department of Financial and Professional Regulation. These questions were written by a third party test prep company and licensed by PracticeQuiz for use on this site. Please use at your own discretion.

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Ted Chan

Ted Chan

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Ted Chan is the Managing Editor of PracticeQuiz.com. Ted has experience as a journalist and a writer, including editorial or content production roles at ESPN, Better Business Bureau, The Boston Globe, and Forbes. Ted holds a BA from Swarthmore College with High Honors, and a MBA from the MIT Sloan School of Management. Ted also studied at the Harvard Business School, earning a Certificate in Value-based Health Care Delivery.

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