Illinois Broker Exam Format Understand the Questions, Timing, Passing Scores, and Exam Structure

What Does the Illinois Real Estate Broker Exam Look Like?

The Illinois real estate broker examination includes both national real estate material and Illinois-specific licensing material. Understanding how the exam is structured can help you prepare more effectively and manage your time with greater confidence on test day.

This guide explains the Illinois broker exam format, number of questions, time limits, passing scores, major subject areas, computer-based testing process, experimental questions, and what happens if you do not pass one portion.


Illinois Broker Exam Format at a Glance

The Illinois Real Estate Broker Examination is divided into two major portions:

  • National portion
  • Illinois state-specific portion

The current exam structure is:

Exam Portion Number of Items Passing Score Time Allowed
National 100 70% 150 minutes
State 40 75% 90 minutes

Together, the two scored portions contain 140 examination items.

Candidates should also be aware that a small number of experimental questions may be included in addition to the scored questions.


What Are the Two Parts of the Illinois Broker Exam?

The broker examination separates general real estate knowledge from Illinois-specific law and regulation.

National Portion

The national portion tests broad real estate principles and practices that apply across the profession.

Topics include areas such as:

  • Property ownership
  • Land use
  • Valuation
  • Financing
  • Contracts
  • Agency
  • Property disclosures
  • Property management
  • Transfer of title
  • Real estate practice
  • Real estate calculations

Illinois State Portion

The state-specific portion focuses on Illinois licensing law and other Illinois rules affecting real estate practice.

Topics include:

  • Illinois licensing requirements
  • Illinois Real Estate License Act
  • Sponsoring broker relationships
  • Brokerage agreements
  • Illinois laws affecting real estate
  • Required disclosures
  • Illinois-specific professional responsibilities

Students need to prepare for both portions rather than studying only general real estate concepts.


How Many Questions Are on the Illinois Broker Exam?

The current Illinois broker exam contains:

National Portion

100 scored items

Illinois State Portion

40 scored items

This gives a total of:

140 scored examination items

However, PSI may also include a small number of unscored experimental questions.

Because those experimental questions are not identified during the examination, candidates should treat every question as if it counts toward the final score.


How Much Time Do You Get for the Illinois Broker Exam?

The current time limits are:

National Portion

150 minutes

That equals:

2 hours and 30 minutes

State Portion

90 minutes

That equals:

1 hour and 30 minutes

If both portions are considered together, the stated testing time for the scored examination portions totals:

240 minutes, or 4 hours

Candidates should manage their time carefully rather than spending too long on one difficult question.


What Score Do You Need to Pass the Illinois Broker Exam?

The current passing standards are different for the two portions.

National Portion

You need a passing score of:

70%

Illinois State Portion

You need a passing score of:

75%

You should therefore prepare for each portion separately.

Strong performance on one portion does not replace the need to pass the other required portion.


Is the Illinois Broker Exam Computer-Based?

Yes. The Illinois broker examination is administered through a computer-based testing system.

Candidates answer questions on-screen rather than completing a traditional paper examination.

Before the scored examination begins, candidates are provided with instructions on how to use the testing system.

The computer interface allows candidates to:

  • View one question at a time
  • Select an answer
  • Move through the examination
  • Monitor remaining examination time
  • Review applicable testing instructions

Becoming comfortable with computer-based testing can help reduce unnecessary stress on exam day.


What Type of Questions Are on the Illinois Broker Exam?

Candidates should expect objective exam questions that test both knowledge and application.

Some questions may test straightforward concepts.

For example:

Which document transfers ownership of real property?

Other questions may present a situation and require you to determine which principle or rule applies.

For example, a question may describe:

  • A buyer and broker relationship
  • A property disclosure issue
  • A contract situation
  • A financing calculation
  • A licensing problem

You then need to identify the best answer based on the applicable real estate principle.

This is why understanding concepts is more useful than memorizing isolated definitions.


Are There Experimental Questions on the Exam?

Yes.

PSI states that a small number of experimental questions may be included in addition to the questions listed in the official examination content outline.

Typically, there may be approximately:

5 to 10 experimental questions

These questions:

  • Are not scored
  • Are not identified as experimental
  • Still use examination time
  • Are used to help develop future licensing examinations

Because you will not know which questions are experimental, answer every question carefully.


Why Are Experimental Questions Included?

Testing organizations use experimental questions to evaluate possible future examination items.

Before a new question becomes part of a scored licensing examination, exam developers may need information about how candidates respond to it.

Experimental questions help evaluate factors such as:

  • Question clarity
  • Difficulty
  • Candidate performance
  • Whether the question functions appropriately

These questions do not affect your score, but they still appear during the timed examination.


What Is Covered on the National Portion?

The national portion covers general real estate principles and practices.

The current broker content outline allocates the examination approximately as follows:

National Topic Approximate Weight
Property Ownership 10%
Land Use Controls 5%
Valuation 8%
Financing 10%
Contracts 19%
Agency 13%
Property Disclosures 7%
Property Management 3%
Transfer of Title 6%
Practice of Real Estate 12%
Real Estate Calculations 7%

These percentages can help students decide how much attention different topics deserve during exam preparation.

However, every listed subject should be reviewed.


Contracts Are a Major Part of the National Exam

Contracts represent one of the largest areas in the current national broker content outline.

Students should understand concepts such as:

  • Elements of a valid contract
  • Offers
  • Acceptance
  • Consideration
  • Statute of Frauds
  • Valid contracts
  • Void contracts
  • Voidable contracts
  • Unenforceable contracts
  • Bilateral contracts
  • Unilateral contracts
  • Option agreements
  • Contract delivery
  • Electronic signatures
  • Breach
  • Contract termination
  • Purchase agreements
  • Lease agreements
  • Contingencies
  • Multiple offers
  • Counteroffers

Do not limit your contract preparation to definitions.

Practice applying these rules to transaction scenarios.


Agency Is Another Important National Exam Topic

Agency accounts for a significant part of the national content outline.

Students should understand:

  • Creation of agency relationships
  • Listing agreements
  • Buyer representation
  • Agency duties
  • Fiduciary responsibilities
  • Duties to customers
  • Disclosure of representation
  • Conflicts of interest
  • Termination of agency relationships

Scenario questions may require you to identify which duty or relationship applies.

Illinois Real Estate Agency


Financing Topics on the Broker Exam

The national exam also covers real estate financing.

Topics may include:

  • Loan-to-value ratio
  • Points
  • Interest
  • Private mortgage insurance
  • PITI
  • Credit history
  • Debt ratios
  • Conventional loans
  • FHA loans
  • VA loans
  • USDA loans
  • Adjustable-rate mortgages
  • Balloon loans
  • Owner financing
  • Reverse mortgages
  • Construction loans
  • Lending laws
  • RESPA
  • Truth in Lending
  • TRID
  • Equal Credit Opportunity Act

Students should understand both terminology and basic application of financing concepts.


Real Estate Calculations on the Exam

The national broker examination includes real estate calculations.

Topics can include:

  • Seller net proceeds
  • Buyer funds needed at closing
  • Tax prorations
  • Transfer fees
  • PITI calculations
  • Equity
  • Rate of return
  • Capitalization rate
  • Loan-to-value ratio
  • Discount points
  • Loan origination fees

Most exam math relies on basic arithmetic, percentages, ratios, and careful interpretation of the question.

Regular practice is usually more effective than attempting to memorize every formula shortly before the exam.


Example of a Real Estate Math Question

Suppose a property sells for:

$280,000

and a question asks you to calculate:

3% of the sale price

First convert 3% into decimal form:

3% = 0.03

Then:

$280,000 × 0.03 = $8,400

The calculation itself is simple.

The challenge in many exam questions is determining:

  • Which number to use
  • Which percentage applies
  • Whether another calculation is required afterward

Read each calculation question carefully.


What Is Covered on the Illinois State Portion?

The state-specific portion focuses on Illinois law and professional requirements.

The current broker outline divides this portion into four major areas:

Illinois Topic Approximate Weight
Licensing Requirements 10%
Illinois Real Estate License Act 40%
Additional Illinois Laws and Regulations 25%
Disclosures 25%

The Illinois Real Estate License Act represents the largest single area of the state-specific broker examination.


Illinois Licensing Requirements

The state examination can test your understanding of Illinois licensing matters.

These may include:

  • Activities requiring a license
  • License exemptions
  • Types of real estate licenses
  • Broker licenses
  • Managing broker licenses
  • Residential leasing agent licenses
  • Instructor licenses
  • Eligibility requirements
  • Sponsorship
  • Examination requirements
  • License renewal
  • Post-license education
  • Continuing education
  • Changes to license information

Students should understand the complete licensing journey rather than memorizing only the initial application requirements.


Illinois Real Estate License Act Topics

The Illinois Real Estate License Act represents a major part of the state portion.

Topics can include:

  • Agency relationships
  • Material facts
  • Stigmatized property issues
  • Advertising
  • Sponsoring broker relationships
  • Brokerage agreements
  • Minimum brokerage services
  • Compensation
  • Licensed and unlicensed assistants
  • Real estate teams
  • Handling money
  • Handling documents
  • Disciplinary provisions
  • Comparative market analysis
  • Broker price opinions
  • Purchase contracts
  • Lease agreements

Because this area makes up a large part of the state examination, students should give it substantial attention during review.

Illinois Real Estate License Law


Additional Illinois Laws and Regulations

The Illinois-specific exam also covers laws and rules affecting real estate practice beyond the main License Act.

Topics may include:

  • Ownership interests
  • Trusts
  • Homestead
  • Government powers
  • Co-ownership
  • Condominiums
  • Activities outside the permitted scope of a real estate license
  • Transfer taxes
  • Transfer of title
  • Legal descriptions
  • Real estate taxes
  • Illinois Human Rights Act
  • Fair housing advertising
  • Assistance animals
  • Landlord and tenant requirements
  • Other Illinois real estate laws

Students should avoid studying only national material because these state-specific subjects can represent a significant part of the exam.


Disclosure Questions on the Illinois Portion

Disclosures make up another major part of the Illinois broker state examination.

Students may need to understand:

  • Agency disclosures
  • Designated agency
  • Seller and landlord agency
  • Buyer and tenant agency
  • Dual agency
  • Notice of no agency
  • Contemporaneous offers
  • Licensee ownership interests
  • Compensation sources
  • Residential property disclosures
  • Material defects
  • Radon
  • Lead-based paint
  • Mine subsidence
  • Underground storage tanks
  • Other required environmental disclosures

Scenario-based questions may require you to determine when a disclosure is required and what responsibility applies.


Do You Have to Pass Both Parts of the Illinois Broker Exam?

Yes.

The national and state portions each have their own passing requirement.

A candidate needs to satisfy the passing standard for both required portions.

Passing only the national portion does not mean you have passed the entire licensing examination if the state portion remains unsuccessful.

Likewise, passing the state portion does not replace the national requirement.


What Happens If You Pass One Portion but Fail the Other?

Current PSI instructions state that if you fail one portion of the broker examination, you are generally required to repeat only the portion you failed.

For example:

National Passed + State Failed

You would retake the state portion.

State Passed + National Failed

You would retake the national portion.

Your score report can also provide diagnostic information that helps identify areas where additional study may be useful.


How Many Times Can You Take the Illinois Broker Exam?

Current PSI rules allow broker candidates up to four attempts to pass the examination during the applicable two-year eligibility period.

If a candidate fails the fourth attempt, the standard Illinois broker candidate is required to retake the 75-hour broker pre-license education before registering again for the examination.

This makes it important to use unsuccessful attempts as diagnostic information.

Rather than immediately retesting without additional preparation, identify the subjects that caused difficulty and review them carefully.


How Long Is Your Exam Eligibility Period?

Current Illinois examination guidance states that broker pre-license education is valid for two years after satisfactory completion.

The broker candidate's testing eligibility is therefore tied to that applicable period.

Do not complete your education and then postpone the examination indefinitely.

After completing your broker course:

  1. Begin focused exam preparation.
  2. Review weak topics.
  3. Schedule your test when you are prepared.
  4. Keep track of your eligibility period.

Illinois Broker License Timeline


Is There a Tutorial Before the Computer Exam?

PSI provides candidates with computer-testing instructions before the examination.

Use this opportunity to become familiar with the interface before the timed exam begins.

Understanding how to:

  • Select answers
  • Move through questions
  • Monitor time
  • Use available navigation controls

can help you focus on the examination content rather than the testing software.


Can You Take Breaks During the Exam?

Candidates should review the current PSI test-center or online-testing rules before exam day.

Any break policy should be considered carefully because examination timing continues according to PSI's testing rules.

Do not plan your exam strategy around taking long breaks.

Instead:

  • Arrive prepared
  • Use the restroom before testing
  • Eat beforehand if appropriate
  • Manage your time carefully
  • Follow all proctor instructions

Always follow the current candidate handbook because testing procedures can change.


Can You Use Notes or Study Materials During the Exam?

The Illinois broker licensing examination is a controlled professional examination.

Candidates should not expect to use personal study notes, textbooks, phones, or unauthorized reference materials during testing.

PSI has security procedures designed to protect examination content.

Before exam day, review current rules concerning:

  • Personal belongings
  • Electronic devices
  • Notes
  • Bags
  • Identification
  • Security checks
  • Testing materials

Following the rules is part of a successful examination experience.


What Identification Do You Need on Exam Day?

PSI requires candidates to satisfy current identification requirements before being admitted to the examination.

Your identification information should match the information associated with your examination registration.

Before test day:

  • Review the current PSI identification requirements
  • Check your legal name
  • Make sure your identification is valid
  • Confirm that your registration information is accurate

Do not wait until you arrive at the testing location to discover an identification problem.


How to Manage Time During the National Portion

The national portion provides 150 minutes for 100 scored items, not including the possibility of additional experimental items.

A practical strategy is:

First Pass

Answer questions you understand without spending excessive time.

Difficult Questions

Avoid allowing one difficult item to consume several minutes unnecessarily.

Calculations

Read math questions carefully and perform the required steps methodically.

Final Review

If the testing system and remaining time permit, review questions you were uncertain about.

Your objective is to complete the entire examination while maintaining accuracy.


How to Manage Time During the Illinois State Portion

The state-specific portion provides 90 minutes for 40 scored items.

The state exam contains fewer questions, but the material can involve detailed Illinois rules.

Read questions carefully for words such as:

  • Must
  • May
  • Required
  • Prohibited
  • Disclose
  • Sponsor
  • License
  • Client
  • Customer

Small wording differences can change the correct answer.

Do not rush simply because the state portion contains fewer questions.


How Should You Prepare for the Exam Format?

Understanding the structure can improve your study plan.

Study National and State Material Separately

Know which concepts belong to general real estate practice and which depend on Illinois law.

Use the Official Content Outline

The content outline shows which subjects are tested and their approximate weight.

Practice Timed Questions

Become comfortable answering questions under time limits.

Practice Calculations

Do not leave real estate math until the last day.

Review Scenarios

Practice applying rules rather than only memorizing definitions.

Study Your Weak Areas

Use quizzes and practice exams to identify topics requiring more work.

Prepare for the Illinois Broker Exam


Should You Memorize Questions From Practice Tests?

No.

Practice questions are most useful when they help you understand concepts.

Do not memorize:

"Question 17 = Answer B."

Instead ask:

  • What topic is being tested?
  • Why is the correct answer correct?
  • Why are the other choices incorrect?
  • What would happen if the facts changed?
  • Can I explain the rule without looking at the answer?

The licensing exam may test the same concept using very different wording.

Illinois Real Estate Practice Test


What Happens After You Finish the Exam?

After testing, candidates receive examination results according to PSI's current score-reporting procedures.

If you pass both required portions, you can move forward with the remaining steps of the Illinois broker licensing process.

These can include:

  • Organizing your licensing records
  • Completing applicable sponsorship steps
  • Completing the license application
  • Monitoring the application
  • Confirming license issuance

Passing the examination is a major milestone, but it does not automatically mean your Illinois broker license has already been issued.

What to Do After Passing the Broker Exam


Illinois Broker Exam Format Checklist

Use this checklist before scheduling your examination:

  • [ ] Understand that the exam has national and state portions
  • [ ] Review the current PSI Candidate Information Booklet
  • [ ] Know the national portion contains 100 scored items
  • [ ] Know the state portion contains 40 scored items
  • [ ] Know the national passing score is 70%
  • [ ] Know the state passing score is 75%
  • [ ] Know the national time limit is 150 minutes
  • [ ] Know the state time limit is 90 minutes
  • [ ] Be aware of possible experimental questions
  • [ ] Review the national content outline
  • [ ] Review the Illinois-specific content outline
  • [ ] Study contracts carefully
  • [ ] Study agency
  • [ ] Study financing
  • [ ] Practice calculations
  • [ ] Study the Illinois Real Estate License Act
  • [ ] Review Illinois disclosure requirements
  • [ ] Practice exam-style questions
  • [ ] Complete timed practice sessions
  • [ ] Review PSI identification requirements
  • [ ] Review exam security rules
  • [ ] Confirm your examination appointment
  • [ ] Arrive or log in prepared on exam day

Prepare for the Illinois Broker Exam With a Structured Plan

The Illinois broker examination covers a large amount of material, but the official exam format gives you a useful roadmap.

You know that you need to prepare for:

  • National real estate concepts
  • Illinois-specific law
  • Contracts
  • Agency
  • Financing
  • Property
  • Disclosures
  • Real estate calculations
  • Licensing requirements

A structured course and review plan can make these topics easier to organize.

Illinois Broker Academy provides education and learning resources for students preparing for the Illinois real estate licensing process and broker examination.


Continue Exploring Illinois Broker Exam Resources

If you want to see the subjects tested:

Illinois Broker Exam Topics

If you need a study guide:

Illinois Broker Exam Study Guide

If you want practice questions:

Illinois Broker Exam Questions

If you want a practice exam:

Illinois Real Estate Practice Test

If you need exam preparation guidance:

Prepare for the Illinois Broker Exam

If you recently passed the exam:

What to Do After Passing the Broker Exam


Frequently Asked Questions

The current Illinois broker examination has 100 scored items on the national portion and 40 scored items on the Illinois state portion. PSI may also include a small number of unscored experimental questions.

The current national portion allows 150 minutes, while the Illinois state portion allows 90 minutes. Together, the stated time limits total 240 minutes.

The current passing score is 70% for the national broker portion and 75% for the Illinois state portion.

Yes. The national portion tests general real estate principles and practices, while the state portion focuses on Illinois licensing law, regulations, disclosures, and other state-specific requirements.

Yes. The Illinois broker examination is administered through a computer-based testing system.

PSI may include approximately 5 to 10 experimental questions. These questions are not scored but still count against the available examination time.

No. Experimental items are not identified to candidates. You should therefore answer every examination question carefully.

The current national outline gives substantial weight to contracts, agency, practice of real estate, property ownership, financing, valuation, disclosures, and calculations. Contracts currently represent the largest national broker category at 19%.

The Illinois Real Estate License Act is currently the largest broker state-specific category, accounting for approximately 40% of the state content outline.

Yes. The national content outline includes real estate calculations involving topics such as prorations, closing funds, transfer fees, PITI, equity, loan-to-value ratios, capitalization rates, and loan points.

Current PSI instructions state that candidates generally need to retake only the portion they failed. If you pass the national portion but fail the state portion, you would normally retake the state portion.

You would generally need to retake only the national portion that you failed, subject to the current PSI examination rules and eligibility period.

Current PSI guidance allows standard Illinois broker candidates up to four examination attempts during the two-year eligibility period.

Under current PSI rules, a standard broker candidate who fails the fourth attempt must retake the 75-hour broker pre-license education and the entire examination before continuing.

Study the national and state content outlines, review high-weight topics, practice calculations, complete scenario-based questions, use timed practice sessions, and focus additional study on areas where your practice results are weakest.

Students can use the current PSI Candidate Information Booklet and official content outlines as important preparation references. Those looking for structured broker education and exam preparation can also explore Illinois Broker Academy.