Become an Agent

WHAT DOES IT TAKE TO BECOME A REAL ESTATE AGENT IN ILLINOIS?

The Chicago Real Estate School is here to answer your questions about getting a Real Estate License! Here are some sample questions from our Chapter Quizzes…

1. Which of the following best defines the “law of agency”?
(a) The selling of another’s property by an authorized agent
(b) The rules of law that apply to the responsibilities of a person who acts for another
(c) The principles that govern one’s conduct in business
(d) The rules and regulations of the state’s licensing agency

2. Upon discovering a latent defect in the property, the licensee should discuss the problem with the seller and then:
(a) Notify the seller that the defect must be repaired
(b) Arrange for the repairs himself or herself
(c) Inform any prospective buyers of the defect
(d) Contact the city building inspector about the defect

3. An owner of a house wants to carpet 2 rooms. Each room measures 15’ x 18’. The cost of the carpeting is $21 per square yard. How much did the carpeting cost?
(a) $810
(b) $1,260
(c) $2,280
(d) $3,780

Scroll down to see the answers…


 

  1. Which of the following best defines the “law of agency”?
    1. The selling of another’s property by an authorized agent
    2. (CORRECT ANSWER) The rules of law that apply to the responsibilities of a person who acts for another
    3. The principles that govern one’s conduct in business
    4. The rules and regulations of the state’s licensing agency
  1. Upon discovering a latent defect in the property, the licensee should discuss the problem with the seller and then:
    1. Notify the seller that the defect must be repaired
    2. Arrange for the repairs himself or herself
    3. (CORRECT ANSWER) Inform any prospective buyers of the defect
    4. Contact the city building inspector about the defect
  1. An owner of a house wants to carpet 2 rooms. Each room measures 15’ x 18’. The cost of the carpeting is $21 per square yard. How much did the carpeting cost?
    1. $810
    2. (CORRECT ANSWER) $1,260
    3. $2,280
    4. $3,780

Did you miss that one? 15′ X 18′ = 270 sq ft. Multiply that by 2 rooms, and you’ll have 540 sq ft. Here’s the trick: in a square yard, there are 9 sq ft (3′ X 3′ = 9 sq ft). So you’d divide 540 sq ft by 9 to get 60 sq yards. Multiply that by $21 to get $1,260 for the cost of the carpeting.

As you can see, the questions require a bit of learning, but they’re manageable. If you put in the effort, you can very likely succeed, as do most of our students!

Ready to jump right in and get started with classes? Click here for our course offerings. And check out our entire video library by clicking here!

On the other hand, if you’re just curious about a career in Illinois Real Estate, this site is probably the single best resource you’ll find. The first step would be to fill out the form below, to get our “Complete Checklist when Considering a Career in Real Estate“. It will give you the “big picture”, and if you decide to take classes, it has a handy chart for comparing different schools.

The next step is to do your research – a great place to start is the “Become an Agent” tab at the top of this page. Feel free to reach out with questions – call / text us at the number at the top of the page, or use LiveChat at the bottom of the page. We’re here to help!

Feel free to chat with us online (using the LiveChat button at the bottom of every page of the site), or call or text us at 773-647-1830 (our extended hours are listed at the bottom of the page). You can also email us at [email protected], and we’ll get back to you within 24 hours. Finally, if you’d like to receive our brochure, just fill out the form at the bottom of the page. We look forward to having you join us soon!