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A Career as an Illinois Principal Broker
Begin a career in Illinois Real Estate
Unlimited income potential! Power to set your own work schedule! Confidence
to be your own boss and supervise the work of others! The life of a broker
in Illinois is truly exciting!
An Illinois broker is licensed to engage in paid real estate
activities including: selling, auctioning, exchanging, listing, purchasing,
renting, and leasing real estate. The next step up from a licensed salesperson,
a broker manages the work of other real estate professionals.
Characteristics of a Successful Real Estate Broker's Career
Those who excel in real estate tend to be:
- Independent and self-motivated
- Content to work flexible hours
- Adept at managing others
- Most comfortable with daily variety
- Detail-oriented
- Computer-savvy
- At ease with many types of people
- Strongly connected in their communities
- Driven by high personal goals
- Professional and dedicated to customer service
A Day in the Life of a Career Real Estate Broker
A broker is typically responsible for hiring, training, and
managing the work of other real estate brokers. In a management role,
you will supervise the marketing and advertising of the company, as well
as its listed properties. Depending on how much time you have, you may
also sell and list real estate yourself.
Starting Out
After getting your Illinois broker license, you can launch your
own brokerage, which may be independent or part of a national or local
franchise (i.e. Coldwell Banker, Century 21, Prudential, and RE/MAX).
Some principal brokers choose to be managers for national or local real
estate companies, instead of owning their own firm.
Unlimited Earning Potential
Just as when you started out, the sky’s the limit when it comes
to your earning potential. As a principal broker, however, you get the
added bonus of earning commission on other brokers’ sales.
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