Real estate brokers now renewing
licenses online with new state program
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SPRINGFIELD -- The Illinois
Office of Banks and Real Estate, Commissioner D. Lorenzo Padron,
announced that real estate brokers are the first group to take
advantage of the office's online license renewal capabilities.
E-licensing streamlines the renewal process, eliminates postage
expense and provides immediate results.
"E-government has arrived at OBRE,
allowing real estate brokers the convenience of renewing their
licenses anytime and anywhere. The results have been exceptional,"
Commissioner Padron said. "With around-the-clock accessibility,
licensing in state government has gotten much easier. Brokers as far
away as Puerto Rico have already used the new system."
The program began Feb. 3. Since then,
654 brokers have renewed their licenses online.
E-licensing saves time and money while
providing licensees the convenience they need to better serve their
customers. Each application is verified completely as it is
According to real estate broker Toni
Sherman of Glen Ellyn, "This was a great way to renew: simple, easy
and user-friendly. Good job!"
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E-licensing is accomplished in a highly
secure, encrypted environment. The process consists of simple steps
found at www.obre.state.il.us.
The official license is mailed within two business days.
Real estate brokers are required to
renew their licenses by April 30. Effective May 1, late renewals are
assessed a $50 fee.
technology to create innovative solutions is part of the mission of
the Illinois Office of Banks and Real Estate. Future initiatives
include online licensing for new applicants and expansion of online
renewals for all licensees. To obtain additional information
regarding the online renewal process, call (217) 782-3414.
Office of Banks and Real Estate news release]