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Free Illinois Managing Broker Practice Exam Online

Official exam: Managing Broker (Illinois)

Take a free Illinois Managing Broker practice exam online: a full 50-question paper with every answer explained, no sign-up, scored by topic. The full 190-question bank and the timed simulator are $14.99 for 30 days.

First published: September 2, 2026Bank updated: September 2, 2026Published by CertQuestUSA · review process
TL;DR

Managing Broker (Illinois): a 190-question practice bank for the real Professional Licensing (Real Estate & Insurance) standard, 3 full papers of 50 questions each with no repeats, every question written to the regulation it comes from.

Where these questions come from

Every question in this bank cites a source -- primarily s3.amazonaws.com (39%) and law.cornell.edu (16%) of this exam's citations.

Take a full practice test free. 50 real questions built to the exam's domain weights, every answer explained, no sign-up required, with a domain-by-domain score at the end.
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3
full papers, no repeats
50
questions per paper
190
questions in the bank
What this exam covers
5 real sample questions
Which categories of records does 68 Ill. Admin. Code 1450.755 require sponsoring brokers to retain for 5 years, with the most recent 2 years kept on-site?
A. Only signed listing agreements
B. Only MLS printouts
C. Only advertising tear sheets
D. Escrow records and transaction records
Show answer and reasoning

Correct answer: D. Escrow records and transaction records

  • A: Listing agreements alone are narrower than what 1450.755 actually covers.
  • B: MLS printouts alone are narrower than what 1450.755 actually covers.
  • C: Advertising materials alone are narrower than what 1450.755 actually covers.
Source: 68 Ill. Admin. Code 1450.755
Under 225 ILCS 454/5-28, what is the minimum age to apply for an Illinois Managing Broker license?
A. 18 years of age
B. 20 years of age
C. 21 years of age
D. 25 years of age
Show answer and reasoning

Correct answer: B. 20 years of age

  • A: 18 is the minimum age for the entry-level Broker license under the Act, not the Managing Broker license.
  • C: 21 is not the statutory threshold; the Act sets the Managing Broker minimum at 20.
  • D: 25 is not used anywhere in the Real Estate License Act of 2000 as an age threshold.
Source: 225 ILCS 454/5-28(a)
How many years of active licensure as a Broker must an applicant generally have, and over what look-back window, to qualify for a Managing Broker license under 225 ILCS 454/5-28?
A. 1 year out of the preceding 2 years
B. 3 years out of the preceding 5 years
C. 2 consecutive years out of the preceding 3 years
D. 5 years out of the preceding 7 years
Show answer and reasoning

Correct answer: C. 2 consecutive years out of the preceding 3 years

  • A: One year in a two-year window is shorter than what the statute actually requires.
  • B: Three years in a five-year window is not the figure used in 5-28; it overstates both numbers.
  • D: Five years in a seven-year window is far longer than the statutory requirement and is not found in the Act.
Source: 225 ILCS 454/5-28(a)
What is the total number of instructional credit hours an applicant must document to sit for the Illinois Managing Broker license, combining prior Broker-level hours and Managing-Broker-specific hours?
A. 165 hours
B. 120 hours
C. 90 hours
D. 45 hours
Show answer and reasoning

Correct answer: A. 165 hours

  • B: 120 hours is only the portion of the total that comes from the applicant's prior Broker pre-license and post-license education, not the full requirement.
  • C: 90 hours does not appear in 225 ILCS 454/5-28 or 68 Ill. Admin. Code 1450.500 as the Managing Broker total.
  • D: 45 hours is only the additional Managing-Broker-specific portion, not the combined total.
Source: 225 ILCS 454/5-28(a); 68 Ill. Admin. Code 1450.500
Of the 165 total credit hours required for Illinois Managing Broker licensure, how many hours must come from the applicant's prior Broker pre-license and post-license education?
A. 45 hours
B. 75 hours
C. 120 hours
D. 150 hours
Show answer and reasoning

Correct answer: C. 120 hours

  • A: 45 hours is the amount of NEW, Managing-Broker-specific coursework required, not the carried-over Broker-level portion.
  • B: 75 hours is not the figure used in the statute for the carried-over Broker education component.
  • D: 150 hours is not the statutory figure; it overstates the carried-over portion by 30 hours.
Source: 225 ILCS 454/5-28(a)
Same exam, other states
WA
Real-world data for this exam
Real Estate Brokers: real median wage (IL)May 2025$62,540/yr

Frequently asked questions

Where can I take a free Illinois Managing Broker practice exam online?
Right here. CertQuestUSA's free Illinois Managing Broker practice exam online is a full 50-question practice paper built to the real exam's domain weights, with every answer explained, with no sign-up and no credit card, and shows your score by topic at the end. The full 190-question bank, with every answer explained and cited to the regulation it comes from, is $14.99 for a 30-day pass that never renews.
How many questions are on the CertQuestUSA Managing Broker (Illinois) practice test?
190 questions total, split into 3 full papers of 50 each with no repeats across papers.
What topics does the Managing Broker (Illinois) test cover?
15 domains, with the heaviest weight on Brokerage Agency, Supervision, and Fiduciary Duties (18%), Practice, Disclosures, Fair Housing, and Compliance (18%), and Property Valuation and Investment Analysis (13%).
Where do CertQuestUSA's Managing Broker (Illinois) questions come from?
Primarily s3.amazonaws.com (39%) and law.cornell.edu (16%) of this bank's citations -- computed directly from this exam's own question sources, not a generic description.
Is there a free Managing Broker (Illinois) practice test?
Yes -- one full 50-question practice paper built to the exam's domain weights, free with no sign-up, with every answer explained and a domain-by-domain score at the end.
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