Chicago School of Real Estate Review 2021

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Introduction

The Chicago Real Estate School aims to help people prepare for the Illinois real estate licensing exam, and the school scores 90% on the first try. However, you should be aware that this school has a rather peculiar focus. Their courses can help you become a real estate broker in Illinois, which is what most people consider an agent in other states. However, the Chicago School of Real Estate not offer training to become a managing broker in the real estate industry. The school also does not offer refresher courses or other types of additional education.

However, if you really want to become a real estate broker, you might enjoy the school’s study options. You can take real estate broker training courses in a completely online format, some of which are self-paced. You can also choose a live format that includes 10 instructor-led sessions or webinars.

Chicago is not among our top online real estate schools. You can view our list best online real estate schools to find out which schools ranked first in our ranking.


Explanation of the pros

  • Courses are offered in person, via webinars, or online: While some schools only offer training online, Chicago Real Estate School offers a choice between online training, live webinar, or face-to-face training.
  • Transparent pricing: You don’t need to create an account to see the Chicago Real Estate School pricing. This school is transparent about their prices online.
  • Money Back Guarantee: Chicago Real Estate School has a money-back guarantee that allows you to try it out for seven days and get your money back if you’re not satisfied.
  • Available payment plans: If money is tight, Chicago Real Estate School offers a payment plan that allows you to start your studies for as little as $ 199.
  • High percentage of passing the licensed exam: The school has a 90% pass rate on the first try for students who take the Illinois Real Estate License Exam.
  • Accredited by the Illinois Department of Financial and Professional Regulation (IDFPR): This school is accredited by IDFPR, the Illinois Real Estate Regulatory Authority.

Explanation of cons

  • The courses are expensive compared to some competing schools: You may be able to get the program at a better price from a competing school.
  • Management broker training is not offered: This school only offers training to become a real estate broker, not to become a managing broker.
  • Additional education is not offered: You will have to choose a different school if you are hoping to complete continuing education courses in order to maintain your real estate license.
  • Not certified by ARELLO or IDECC for teaching distance courses: These two accrediting bodies certify distance teaching schools for real estate courses, and Chicago Real Estate School does not offer any courses that meet the selection standards.

The Chicago Real Estate School money back guarantee is only valid for seven days. If you are unhappy with your workout after the first week, you will find that you are not eligible for a refund.


Available courses

Chicago Real Estate School offers the same training in two different formats.

Online course for real estate brokers

The online course for real estate brokers allows you to prepare for the Illinois Real Estate Licensing exam without even going to a physics class. This course offers a self-paced component that allows you to learn the fundamentals of the industry, followed by 15 hours of webinars with a live instructor.

This course includes a number of important features, including:

  • Interactive classes with a live online instructor
  • 35 hours of self-guided video tutorials
  • Textbook in paper form
  • Audiobook and PDF versions of the book
  • Quizzes, exams and practice tests
  • 11 hour series of test preparation videos
  • Flashcard application to help you find out the conditions of real estate

Flex Option Real Estate Broker Course

If you want to make sure you have more access to a live instructor so you can ask questions and get feedback, Chicago Real Estate School also offers a flexible option that includes more interactive features. This training option allows you to take 10 interactive sessions with a live instructor, although you can choose between a face-to-face session or a live webinar format. You also get:

  • 35 hours of self-guided video tutorials
  • Textbook in paper form
  • Audiobook and PDF versions of the book
  • Quizzes, exams and practice tests
  • 11 hour series of test preparation videos
  • Flashcard app

Course format

One of the main benefits of the Chicago Real Estate School is that students have the option of full-time study if they so desire. However, you can also take real estate broker courses online, although some course components are offered through live webinars, while others are offered in a self-paced format.

Both course formats take four to six weeks, according to the Chicago Real Estate School.

The live, face-to-face courses offered by Chicago Real Estate School cost about $ 100 more, but you will have the option of taking classes in Chicago. If you don’t mind online training, you can pay less.


Instructors

The Chicago Real Estate School instructors have years of experience in the real estate industry. Many of them are themselves licensed real estate brokers in the state of Illinois, so they can give students practical advice on how it is to work in real estate in the state.


Reputation

The Chicago Real Estate School has received an average of 4.5 out of 5 stars among past student Yelp views. The reviewers seem to be satisfied with the overall learning experience as well as the quality of the teachers at the school.

The school also boasts an average 4.8 out of 5 stars rating from over 500 reviews on Trustpilot. Most of the reviews on this platform are incredibly positive, with some bad reviews from people who were unhappy with the instructors or the delivery of the content. However, keep in mind that less than 1% of reviews were bad (2 stars) or bad (1 star). Meanwhile, 90% of the reviews on the website give the school 5 stars.


Price

The cost of courses at Chicago Real Estate School depends on the format you choose. Their fully online course will set you back $ 499, while the flexible option with face-to-face or live webinars costs $ 599.

If you’re worried about paying up front, Chicago Real Estate School offers a $ 20 flat fee payment plan in lieu of interest. This plan allows you to pay $ 199 on the day of enrollment and then split the remainder into two additional payments on the first day of class and midway through the program.


Customer service

The Chicago Real Estate School offers telephone support seven days a week at (773) 912-0817. Customer Support Hours of Operation are 8:00 am to 6:00 pm CST on weekdays, 9:00 am to 5:00 pm Standard Time on Saturdays, and 9:00 am to 3:00 pm Standard Time on Sundays …

They have electronic form you can use if you prefer to correspond in writing, but you can also write to the school at support@realestateschoolchicago.com


Competition: Chicago Real Estate School vs. Real Estate Express

While Chicago Real Estate School has a solid reputation and many good reviews, it makes sense to look at other schools offering similar courses. If you are thinking about preparing for the Illinois Real Estate Licensing exam online, you should know that there are many online real estate training institutions out there.

To help you decide which school is best for your needs, we compared Chicago Real Estate to the highly rated online real estate school, Real Estate Express.

Chicago Real Estate School Express Real Estate
Price Real Estate Broker: $ 499 to $ 599 Real Estate Broker: $ 329 to $ 593 ($ 230.30 to $ 415.10 with coupon code CAREER30)

Managing Broker Basics: $ 200 ($ 140 with coupon code CAREER30)

Post-licensing: $ 150

Courses offered Training and courses for real estate brokers Courses on licensing brokers and managing brokers, post-licensing courses
Course format Face-to-face and online courses in the daytime or evening, online courses for self-study Live Stream

Self-study courses in selected states

Availability Illinois Available in all 50 states

Once you compare these two real estate schools, you will notice some pretty important differences. First, Real Estate Express offers a wider range of courses, from real estate broker courses to broker management courses and post-license training. If you want a school that you can use to meet all of your educational needs throughout your real estate career, you will likely find the Chicago Real Estate School pretty limiting.

Also note that Real Estate Express starts at a much lower price, which can go a long way if you need to prepare for the Illinois Real Estate Licensing exam with minimal cash costs.

Bottom line: Real Estate Express offers more options and more options for people who choose to study online.

Again, Chicago Real Estate School offers face-to-face learning options, whereas Real Estate Express only offers online learning options. This can be an important consideration for people who prefer to study in a physical class with a live instructor.

Final verdict

While the Chicago Real Estate School may be slightly more expensive than some of its competitors, this school offers a face-to-face option that may be preferred for people who are tired of doing everything virtual. Since the school offers a payment plan, you can even start preparing to become a real estate broker for as little as $ 199.

Ultimately, we think the Chicago Real Estate School is a good choice due to its accreditation and many excellent reviews. However, it never hurts to compare other real estate schools to find what works for you.



Methodology

We researched and analyzed many aspects of each real estate school using a quantitative approach. Some of the elements considered include class fees, course formats, accreditation, and feedback from former students. We also look at the provider’s overall reputation, the geographic regions in which courses are available, and the qualifications of the instructors. In addition, we are evaluating how easy it is to navigate the website and whether it has additional resources for students, such as blogs, webinars, and career tips.



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