Q: How can a managing broker in another state obtain an Illinois managing broker’s license?
Effective May 1, 2011, Illinois will issue a managing broker’s license to a person licensed as a managing broker (or its equivalent) in another state IF:

• The applicant has a managing broker’s license in the state that must have a reciprocity agreement with Illinois (see list at www.idfpr.com/dpr/re/reciprocity2000.asp);
• The standards in that state are equal to or greater than Illinois;
• The applicant has been a managing broker for at least 2 of the last 3 years prior to the application date;
• The license in the other state must be active and in good standing;
• The applicant must pass an Illinois specific test; and
• The applicant must have become licensed by examination in his state.

Q: How can a broker from another state get a broker’s license in Illinois?
Illinois will issue a reciprocal broker’s license to an applicant IF:

• The broker has a broker’s license by examination in his state and that state has a reciprocal agreement with Illinois;
• The standards for broker licensure in his state are similar to or greater than the minimum standards in Illinois;
• If the broker applies prior to May 1, 2012, he has been actively practicing as a broker for at least 2 years before application;
• He must be active, in good standing and have no complaints on file in his state; and
• He must pass an Illinois specific test.

Q: How can a salesperson licensed in another state get an Illinois license?
A reciprocal salesperson’s license can be issued prior to May 1, 2011 to a qualified applicant. The conditions are:

• The salesperson has an active license in a state that has reciprocity with Illinois (see list at www.idfpr.com/dpr/re/reciprocity2000.asp);
• He passes an Illinois specific test on brokerage laws; and
• He was licensed by exam in his state and that state has a reciprocal agreement with Illinois.
• If these requirements are met, the salesperson’s broker can issue a sponsor card.

* Note that if a licensee holding a reciprocal license changes his state of domicile to Illinois, and the licensee is otherwise qualified for licensure he will be eligible for an Illinois resident license.

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