McHenry County College's Workforce and Community Development Department is offering a Real Estate Pre-licensing program from 6 to 9:30 p.m. on Wednesdays, Aug. 19 through Nov. 11 in Room A119 at MCC.
This program is listed as two courses, which must be taken together: Real Estate Sales Broker Pre-License Topics and Real Estate Broker Pre-License Interactive. The Real Estate Sales Broker Pre-License Topics course is a blended home study course, which satisfies 75 hours of the 90 hours of instruction required by the Illinois Department of Financial and Professional Regulation (IDFPR) to become a real estate broker. This course is usually offered concurrently or consecutively with the Real Estate Broker Pre-License Interactive course. This course includes a study of the broad field of real estate with an emphasis on license law, real property, agency structure, buyer and seller relationships and counseling, Illinois law, Federal law, marketing and advertising, market analysis and appraisal, financing and contract knowledge, independent contractor/employee agreements and occupational disciplines.
In the Real Estate Broker Pre-License Interactive course, students will satisfy 15 hours of the 90 hours of instruction required by the IDFPR to become a real estate broker. Depending on how the class is presented, it could be included in the overall start and end dates of the topics class or it could be held consecutively to the topics class. The course includes role play, case study examples, demonstration examples, and “what if” situational examples in such areas as listing presentation, agreement and disclosure, writing purchase agreements, market analysis, seller net sheets, confronting fair housing violations/seller or buyer, distressed property issues, antitrust scenarios, and inspection/repair issues. The Illinois State Licensing Act will also be covered.
These courses are IDFPR approved and their regulations require students attend all sessions. Successful completion of this set of classes, the Broker Pre-license Topics class and the Broker Pre-License Interactive class, including the required coursework, allows for students to sit for the Illinois Real Estate Broker Examination; students must be at least 21 and a high school graduate/GED. For complete Illinois requirements, see www.idfpr.com.
Cost for the set of classes is $699, including all materials. For more information, contact Ruth Kormanak at (815) 479-7879 or by email at email@example.com. To enroll in both of these classes, please contact MCC registration at (815) 455-8588, or register online at: www.mchenry.edu/myMCC and use the course codes: URE U19-001 and URE U20-001.