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Real Estate Salesperson Exam — National Portion

Advertising (IL): practice questions

Our Real Estate (National) bank has 3 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Illinois

Under whose name must an Illinois sponsored licensee's ads appear?

  1. Their own name only
  2. The sponsoring broker's business name
  3. The MLS name
  4. The seller's or the listing owner's name
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B. The sponsoring broker's business name — 225 ILCS 454/10-30(d); blind ads are banned.

Question 2 · Illinois

An Illinois licensee selling their own home "By Owner" must add what to the sign?

  1. "Broker owned" or "agent owned"
  2. Their license number
  3. The sponsoring broker's logo
  4. Nothing
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A. "Broker owned" or "agent owned" — 225 ILCS 454/10-30(c)(2)(A).

Question 3 · Illinois

What is the most an Illinois licensee can be fined, payable to the seller, for failing to honor a guaranteed sales plan?

  1. $5,000
  2. $10,000
  3. $25,000
  4. $100,000
Show the answer

C. $25,000 — 225 ILCS 454/10-50(g).

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