Illinois License Law
Under Illinois law, a real estate broker licensee is supervised by a:
AReal estate salesperson
BManaging broker✓ Correct
CThe IDFPR directly
DA licensed appraiser
Explanation
In Illinois, brokers must be sponsored by and work under the supervision of a managing broker, who is responsible for the activities of the brokers they supervise.
Related Illinois Illinois License Law Questions
- An Illinois broker who changes their sponsoring managing broker must update their information with IDFPR:
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