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Updated about 6 years ago,

User Stats

356
Posts
311
Votes
Allen L.
  • Rental Property Investor
  • Chicago and mainly invests in KS remotely
311
Votes |
356
Posts

Become an independent broker without experience in IL?

Allen L.
  • Rental Property Investor
  • Chicago and mainly invests in KS remotely
Posted

Hi guys,

I work a full-time job but would like to get a RE license to save on commission on my future personal + rental properties. I don't mind the study grind, paying dues, and doing my own paperworks, but I really don't want to work for another broker. The money I'd save on a 2-3 flat in Chicago is totally worth the 100 hours or so of coursework. Even at 300 hours of work it's still very decent return. I read on illinois realtors website that to become a broker, experience is not needed. So I am wondering if this is true, that I can do my own deals without first gaining experience at a brokerage? 

Thanks.

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