CE REAL ESTATE
LRE CPE Real Estate
LRE 8170 Broker Pre-Licensing/60 Hours (4-0) 4 crs.
Includes instruction for the Broker Pre-license Topics course
(parts 1 and 2--60 classroom hours), an IDFPR state-mandated
course under the Real Estate License Act of 2000. Meets part of
the 75-hour broker pre-license course requirements necessary
to qualify students to take the Illinois Real Estate License
Examination administered by Applied Measurement Professionals
(AMP/PSI) to obtain a Real Estate Broker license in the State of
Illinois when the successful completion of this course is combined
with the successful completion of the Broker Pre-License Applied
Real Estate Principles interactive course (LRE 8171/15 classroom
hours). Expects students to meet the state-mandated attendance
requirements included in the course syllabus and pass a final
exam with a grade of 75% or better to successfully complete this
course. Requires those who sit for the state broker licensing exam
to be at least 18 years of age as well as have a GED or be a high
school graduate.
LRE 8171 Applied Real Estate Principles (1-0) 1 cr.
Provides real estate instructions and includes role play situations,
case studies and demonstrations. Covers listing presentations,
buyer presentations, agency disclosures, purchase agreements,
handling offers, negotiating, market analysis, closing costs,
escrow money, fair housing, and anti-trust.
LRE 8173 Managing Broker Pre-License Topics (1-2) 2 crs.
Allows students to sit for the Illinois Real Estate Managing
Broker license exam along with the completion of the 15-hour
interactive Managing Broker Pre-License Applied Management
and Supervision course. Covers all required topics including
licensing, operations, handling money, recruiting, brokerage
support, transaction supervision, marketing and advertising,
dispute resolution, company policies, disclosure issues, and
industry issues. Provides 30 hours of instruction including how
to manage a brokerage efficiently, from the recruiting and hiring
process through transaction management and dispute resolution.
Covers how today's marketing and advertising must follow federal
and state laws. Requires those who sit for the Illinois real estate
managing broker licensing exam to be 20 years of age and have
an active real estate brokers license.
LRE 8175 Managing Broker Pre-License Applied Management
and Supervision (1-0) 1 cr.
Allows students to sit for the Illinois Real Estate Managing Broker
License exam along with the completion of the 30-hour Managing
Broker Pre-License Topics course. Applies information from
the introductory course through case studies and role-playing
activities with 15 hours of interactive instruction. Includes all
required exam topics including brokerage contract disputes with
clients, minimum services activities/problems, team activities,
commission disputes in office/co-op office, dual agency disclosure
problems and escrow documents. Places a topical emphasis on
short sale problems, foreclosure problems, clear title problems,
confidentiality problems, ethics problems and internet/social
media problems. Requires those who sit for the Illinois real estate
managing broker licensing exam to be 20 years of age and have
an active real estate broker’s license.
LRE 8176 Real Estate Law - Commercial (3-0) 3 crs.
Focuses on American commercial real estate law. Instructs about
the anatomy of a commercial real estate transaction; the role of a
paralegal in a commercial real estate transaction; the importance
of title searches and surveys; and the role of leases, easements,
and licenses. Reviews the process utilized to obtain commercial
real estate mortgages and the role of a paralegal in preparing
for a commercial real estate closing. Emphasizes the role of
the paralegal in commercial real estate transactions and ethical
issues dealing with commercial real estate.
LRE 8180 15 Hour Leasing Agent Pre-License (1-0) 1 cr.
Allows students to sit for the Illinois Leasing Agent License
Exam. Covers fair housing issues relating to residential leasing,
advertising and marketing issues, leases and applications, credit
reports, owner-tenant relationships, owner-tenant laws, handling
of funds, and environmental issues relating to residential real
property. Follows strict state requirements for attendance and
examination with a grade of 75% or better. Requires students to
be 18 years of age and have a GED or be a high school graduate.
1Fall 2024 Edition