CAMPUS VISITING HOURS BY APPOINTMENT ONLY:

1st-18th each month AM times, M-F

19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance|

DAILY TEACHING & HOURS OF OPERATION: 9 AM - 9:45 PM, M - F

WE OFFER OVER

25+

PROGRAMS

WE HAVE SERVED

12000+

STUDENTS

VETERAN STAFF

40+ Years

INDUSTRY EXPERIENCE

PROUDLY PROVIDING

23+ Years

OF EDUCATION

CHECK OUT OUR MONTHLY SPECIALS

WHY DO WE STAND OUT ABOVE THE REST?

We are a fully licensed Real Estate School within Illinois, that offers quality, student-centered on-ground (live in person or live webinar), home-study, or online (computer-based reading) real estate classes for real estate brokers, managing brokers, post license and continuing education (CE) throughout the state of Illinois and nationwide online.

We also partner with affiliated schools that provide nationwide education for mortgage brokers and appraisers. In addition, our various affiliates can provide real estate education to assist you in securing licensing in additional states. All of the courses, whether directly through Inland Real Estate School or our affiliates are proven successful and are the best prep resources available to further your career aspirations.

There are a number of real estate school choices capable of helping you to start your new career, however your future is important enough that you’d should not leave the choice to chance. Select a proven provider of quality education and trust only the best real estate school in Illinois.

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You can expect:

Higher than average pass rate on the Illinois state licensed examination

Over 60+ years of combined staff experience providing education and training to the Illinois real estate market

Our school isn’t run by brokers or investors, our team possesses formal educational degrees plus practical real-life experience educating our students.

Our instructors respond to our student’s questions and inquiries in a timely manner and are available via the phone or email

Our updated flexible course options provide our students with the flexibility of selecting a program that meets their schedule and time availability.

Our programs are available through live classroom presentation, live webinar & home study formats.

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

WHY WE ARE DIFFERENT?

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Read More

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

Illinois Broker
Pre-License

75-HOUR PROGRAM
HOME STUDY

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE
PROGRAM HOME
HOME STUDY
LIVE ONLINE/CLASSROOM

Illinois Broker
Post License

30-HOUR PROGRAM HOME STUDY LIVE ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES AND ADDITIONAL SERVICES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

ILLINOIS BROKER PRE-LICENSE

75-HOUR PROGRAM

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE

45 HOUR PROGRAM

HOME STUDY

LIVEONLINE/CLASSROOM

ILLINOIS BROKER POST LICENSE

30-HOUR PROGRAM HOME STUDY OR

45 HOUR ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

NATIONWIDE PRE-LICENSING & CONTINUING EDUCATION

INCREASE YOUR MARKETING EFFORTS, SECURE A LICENSE IN OTHER STATES ACROSS THE COUNTRY

NATIONWIDE MORTGAGE BROKER PRE-LICENSE

CONTINUING EDUCATION NMLS APPROVED VENDOR, MLO ONLINE WEBINARS

NATIONWIDE APPRAISAL & CE

ADD A NEW PHASE AND BECOME A PROFESSIONAL REAL ESTATE APPRAISER

LICENSE RECIPROCITY

ADD AN ADDITIONAL LICENSE TO EXPAND YOUR MARKETING WORLD

SCHOOL PARTNER PAGE FOR INLAND STUDENTS AND FRIENDS

NETWORKING CRITICAL ELEMENT TO BUILDING A SUCCESSFUL CAREER FIND A PROFESSIONAL PARTNER TO HELP FILL THE NEEDS OF YOUR CLIENT

ILLINOIS CONTINUING EDUCATION

12 & 24 HOUR

PROGRAM LIVE ONLINE/CLASSROOM, WEBINAR & HOMESTUDY

NEW BUSINESS SERVICES

START YOUR NEW BUSINESS WITH A LINKEDIN PROFILE, TWITTER, BUSINESS FACEBOOK

MORE COURSES COMING SOON

CHECK BACK OFTEN FOR NEW COURSE OFFERINGS HERE AT INLAND REAL ESTATE SCHOOL

WHAT TO EXPECT FROM OUR REAL ESTATE CLASSES?

  • 24/7 Online Course Access
  • Practice Online Exam Questions
  • Automated Reminders

  • Preparation to Pass the State Exam on First Attempt
  • Progressive Tracking Notification
  • Live Instructor Assistance

FLEXIBLE PAYMENT OPTION

You have options to choose from to pay your tuition

  • CREDIT CARD
  • CHECK
  • MANY CREDIT UNIONS OFFER LIFESTYLE LOANS THAT CAN BE USED FOR EDUCATIONAL PURPOSES
  • PAY WITH AFFIRM-OPPORTUNITY TO QUALIFY FOR 0% INTEREST AND/OR PAYMENT PLAN

  • CASH
  • PAYPAL
  • PAYPAL 6-MONTH NO INTEREST PAYMENT PLAN ONCE QUALIFIED
  • STRIPE

What clients say about us

''By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.''

~ Carol F.

''Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!''

~ Krystle B.

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Click The Button Below And Get Registered Today!

LATEST BLOGS

LATEST BLOG

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Digital Deeds: How Blockchain is Disrupting Traditional Real Estate Transactions

November 08, 20236 min read

Blockchain Explained

Basics of Blockchain Technology

Imagine a world where real estate transactions are swift, secure, and seamless. That's the promise of blockchain technology. But what exactly is blockchain? Picture a digital ledger, but instead of being held in one place like a traditional ledger, copies exist simultaneously across multiple computers. These ledgers record transactions in 'blocks' with each one linked to the one before and after it, forming a 'chain'.

This technology is groundbreaking because it's nearly impossible to alter a single record without changing all others on every participant's computer. That makes blockchain extremely secure, transparent, and resistant to fraud.

Security Features and Trustless Transactions

One of blockchain's hallmarks in real estate is its ability to facilitate 'trustless' transactions. Normally, buying property requires middlemen - lawyers, banks, and brokers, all of whom need to verify the transaction's trustworthiness. This process is time-consuming and costly.

With blockchain, the system itself verifies the transaction's authenticity, significantly cutting the need for intermediaries. It uses complex cryptographic techniques to create a secure, immutable record. So, parties can confidently transact directly with one another. If someone attempts to alter a transaction record, the system's decentralized nature means they would need to change every single record of that transaction across all copies of the ledger simultaneously, which is virtually impossible.

Revolutionizing Real Estate with Blockchain

Digital Deeds and Smart Contracts

Blockchain is set to transform the way we think about real estate transactions, particularly with 'digital deeds' and 'smart contracts.' A digital deed is a blockchain-based record of property ownership. Unlike traditional deeds, its authenticity can be verified by anyone using the blockchain, reducing the potential for fraud.

Smart contracts go a step further. These are self-executing contracts with the terms directly written into code. They ensure that once conditions are met, actions are executed automatically. For example, when a payment is made, the deed is automatically transferred to the buyer without any manual processing. This means faster transactions, no intermediaries, and, importantly, no room for breaches of contract.

Streamlining Transactions and Reducing Costs

Traditional property transactions are often bogged down by various processes: inspections, title checks, legal procedures, and more. Each incurs fees and can delay the process. Blockchain, however, streamlines these steps.

By securely and transparently recording transactions, blockchain minimizes the need for some of the most time-consuming and costly aspects, like conducting background checks or verifying the legitimacy of documents. This efficiency could save buyers significant amounts of money and time, reducing transaction fees, and eliminating various middlemen from the equation.

The potential here is vast, especially for large, complex transactions typical of the real estate industry. With blockchain, they could become significantly more straightforward and transparent, giving both buyers and sellers peace of mind while saving them time and money.

Revolutionizing Real Estate with Blockchain

Implementations and Case Studies

Examples of Blockchain in Real Estate

Blockchain in real estate isn't just a theoretical concept; it's a reality with tangible applications. Here are a few examples:

  • Sweden's Blockchain Land Registry: Sweden has taken significant strides in implementing blockchain technology for property transactions. Their land registry is transitioning to a blockchain-based system, making it more secure, efficient, and transparent.

  • RealT Platform in the United States: RealT, a platform in the U.S., allows investors to buy fractional ownership in real estate properties. The ownership is recorded on a blockchain, providing transparency, reducing costs, and enabling more accessible real estate investment opportunities.

  • Mattereum's Property Passport: Mattereum's platform uses blockchain to create 'property passports' that digitally represent physical assets. This could revolutionize property management, making it easier to verify ownership, track maintenance, and transfer ownership seamlessly.

Lessons from the Field

While these examples showcase the potential of blockchain in real estate, they've also uncovered some lessons. Implementing blockchain technology isn't without its challenges, including regulatory hurdles, the need for standardization, and broader adoption in the industry.

Yet, as the technology matures and more success stories emerge, it's becoming increasingly clear that blockchain is poised to revolutionize real estate, making transactions more efficient, secure, and cost-effective.

Legal and Regulatory Hurdles

Current Challenges and Potential Solutions

While blockchain offers significant benefits, it's not without its share of legal and regulatory challenges in the real estate sector:

  • Regulatory Compliance: Many countries have not yet adapted their legal frameworks to accommodate blockchain-based property transactions. This gap creates uncertainty and hinders broader adoption. Regulatory bodies need to catch up with technology, and there's a growing push for legal changes that can accommodate and regulate blockchain within real estate.

  • Privacy Concerns: Property records often contain sensitive personal information. Blockchain's transparent nature can raise concerns about data privacy and security. Balancing the technology's transparency with data protection is an ongoing challenge.

  • Smart Contract Enforceability: While smart contracts offer great promise, their enforceability in a legal context can be uncertain. The legal system needs to recognize and enforce smart contracts effectively.

  • Property Ownership Disputes: Resolving disputes related to property ownership recorded on a blockchain may be complicated. Traditional legal structures may need to adapt to efficiently handle such disputes.

  • Interoperability: Different blockchain platforms need to work together seamlessly to establish a unified real estate ecosystem. Achieving interoperability is a complex challenge but crucial for the success of blockchain in real estate.

Addressing these challenges will require collaboration between blockchain innovators, legal experts, and regulatory bodies to create a secure, reliable, and compliant framework for blockchain in real estate.

Legal and Regulatory Hurdles

Looking Ahead: The Future of Blockchain in Real Estate

Expert Predictions and Market Readiness

As blockchain technology matures and real estate industry players become increasingly aware of its potential, experts predict a promising future. Here's what we might see:

  • Widespread Adoption: Over time, more countries are expected to adopt blockchain-based property transaction systems. This could lead to a global network of interoperable property records, making cross-border transactions smoother.

  • Reduced Costs: As blockchain streamlines processes, real estate transactions will become more cost-effective. Smart contracts, in particular, have the potential to significantly reduce legal fees and intermediaries' costs.

  • Increased Security: Blockchain's immutable ledger will make fraud and data tampering almost impossible. Property transactions will become more secure, reducing the risk of property-related scams.

  • Accessibility: Fractional ownership, as seen in platforms like RealT, will make real estate investment more accessible to a broader range of people. This can democratize property investment.

  • Transparency: Blockchain's transparency can help in verifying property histories, addressing concerns like encumbrances, land disputes, or illegal construction.

  • Efficiency and Speed: With transactions being automated and recorded on the blockchain, property transfers can become nearly instant, cutting down the time it takes to complete a real estate transaction.

The market readiness for blockchain in real estate is growing. Real estate professionals are recognizing its potential, and governments are showing a willingness to adapt regulations to accommodate blockchain technology. As these trends continue, we can expect blockchain to play a more prominent role in the real estate sector.

The Future of Blockchain in Real Estate

In Summary

Blockchain is more than just a buzzword; it's a technology that has the potential to revolutionize the real estate industry. With its secure, transparent, and efficient features, it can streamline property transactions, reduce costs, and provide a level of security that traditional methods can't match.

While there are challenges to overcome, such as regulatory hurdles and the need for legal adaptation, experts see a promising future for blockchain in real estate. Widespread adoption, reduced costs, increased security, accessibility, transparency, efficiency, and global interoperability are on the horizon.

As the real estate industry continues to embrace blockchain, it's essential to stay informed about these developments. Blockchain's role in real estate is not a matter of if, but when, and its impact will be felt by buyers, sellers, and industry professionals alike.

The possibilities are vast, and the future is bright for the intersection of blockchain and real estate.

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I'm so glad I chose Inland! Dave McGowan is the best instructor I've ever had in my entire educational career. The amount of knowledge he has about real estate is unbelievable!


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Had a wonderful experience and Dave is always available to help and answer questions. Great instructor! We had a great class too!


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TESTIMONIALS

What Our Student Have To Say

I really enjoyed my time at Inland, and i would recommend the school to anybody that i know looking for a school to study real estate license courses.


Fadilah Salim

Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!


Krystle B.

By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.


Carol F.

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2901 Butterfield Rd, Oak Brook, IL 60523, USA

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2901 Butterfield Rd

Oak Brook IL 60523

Toll Free 877-990-8409

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