Illinois broker exam FAQ

The national portion allows 150 minutes. The Illinois portion allows 90 minutes. Together, the two scored portions allow 240 minutes.

The national broker passing standard is 70% raw. The Illinois passing standard is 75%. PSI scores the portions separately, so you must meet both standards.

You repeat only the portion you failed. The score report includes diagnostic information and reapplication instructions.

PSI currently offers both test-center and remote-proctored appointments. Remote candidates must complete PSI's computer, webcam, audio, and video compatibility checks.

The current PSI booklet allows physical calculators at test centers but not during remote-proctored exams. Follow the current PSI security instructions for your appointment type.

Most candidates qualify by being at least 18, having a high school diploma or equivalent, and completing 75 class hours through an IDFPR-approved education provider. PSI also lists separate endorsement and Illinois attorney qualification paths.

The current PSI booklet says the pre-license education used for the standard 75-hour qualification is valid for two years after satisfactory completion.

A standard broker candidate may make up to four attempts during the two-year eligibility period. Broker endorsement candidates may test an unlimited number of times during their two-year eligibility period. Different rules can apply to education-exempt candidates.

Passing the exam does not issue the license by itself. Follow the score-report instructions and apply to IDFPR within one year of passing. You must also meet the remaining licensing requirements, including sponsorship where required.