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To qualify for a brokerâs license, you must: 1  Be at least 18 years old. 2  Have a high school diploma or equivalent. 3  Successfully complete 90 hours of approved real estate education within 2 years before applying for the exam. This education must include:  A 60-hour course in Real Estate Fundamentals.
To qualify for an Illinois real estate broker license, you must be at least 21 years old, have a high school graduate diploma or equivalent (G.E.D.), and successfully complete the required coursework and pass the state licensing exam.