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McColly School

of Real Estate

Free Virtual Career Seminars Available

Live Courses

We want you to succeed as a real estate agent from the word 'Go!' Our qualified instructors don't only teach but they are licensed Realtors as well. Tim McColly brings over 25 years of experience to the classroom! Tim and his team of highly trained licensed professionals have one goal in mind- your success in complete preparation for the broker exam in Indiana or Illionois!

- Pre-Licensing

- Indiana Broker Education - Continuing Education

- Tuition is $549 including text and all class material.

Online Courses

McColly School of Real Estate partners with Hondros Learning to deliver quality online classes that are convenient, flexible and at your own pace! Our online courses are available whether you're just starting your career in real estate or you need continuing education to maintain your license.

- Pre-Licensing & Post-Licensing Exam Prep

- Real Estate Managing Broker Eligible Course

- Real Estate Broker Post License Course

- Broker Education Course

Continuing Education Courses

McColly School of Real Estate is the only place you need to come for all your continuing educational needs! We offer exciting live C.E. events throughout the year taught by our own excellent instructors as well as nationally known speakers.

We offer several different 12 hour online packages for current brokers in the business to meet their requirements easily and affordably.

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McColly School

Learn the principles of

Real Estate

Our course clearly and concisely presents the principles of real estate by experienced and qualified instructors in Indiana and Illinois. The course fully prepares you for the state exam by covering finance, ownership, Law of Agency, contracts, appraisal, transfers, fair housing and more. Only a small portion of the course contains math. Make an honest effort and you'll pass. We welcome applicants from all stages of life and careers. Textbooks and all class materials are included in the tuition. Continuing education classes are also offered periodically for experienced agents.

Class Schedule

Our administrative office is open from 9:00 to 5:00pm M-F and is at the corporate office located at 800 Deer Creek Drive in Schererville, IN. Visit our live classes page or contact our Career Counselor today at 219-864-7200

Indiana Real Estate License

Accelerated Morning Class


1 Month Course, 01/29/2024 - 02/28/2024

Crown Point | Mon-Fri | 8:30am - 12:30pm

Morning Classes


10 Week Course, 01/03/2024 - 03/11/2024

Valparaiso | Mon, Wed, Thur | 9:00am - 12:00pm


10 Week Course, 01/03/2024 - 03/11/2024

Highland | Mon, Wed, Thur | 9:00am - 12:00pm

Evening Classes


10 Week Course, 01/03/2024 - 03/11/2024

Highland | Mon, Wed, Thur | 6:00pm - 9:00pm


10 Week Course, 01/03/2024 - 03/11/2024

Crown Point | Mon, Wed, Thur | 6:00pm - 9:00pm

Indiana Class Site Locations

Crown Point

1956 N. Main St. (next to the McColly Real Estate office, located in The Pointe shopping mall.)

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2002 W. 45th St. (next to the McColly Real Estate office in the Porte De L'eau Plaza)

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2107 N. Calumet Ave. (Look for the McColly Real Estate Building)

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Indiana Real Estate 90 Hour Broker Pre-License Course

The purpose of this class is to prepare students to pass the Indiana Brokers Exam.

Requirements to obtain an Indiana Real Estate Broker License:

• You must be at least 18 years of age.
• You must have a high school diploma (or equivalent)
• Pass an approved 90 hour pre-licensing course.
• Pass both parts of the state exam within one year of course completion of the course.
• Affiliate with a Broker Company or ask the state to hold your license unassigned within one
year of passing the State exam.

The Required Course:

• Tuition is $549 including textbook and all class material.
• We offer both morning and evening classes. Our classes are located in Crown Point, Highland, and Valparaiso.
• There are 3 class tests of 100 questions each (All multiple choice).
• A total of 225 correct answers (75%) are required to pass the course.
• You must be present at least 80% of the time and attendance is taken.

Refund Policy:

A full refund is given (less the $50.00 processing fee) if you drop the course prior to the first class. No refunds are given after the class has started and all materials must be returned in good condition. Should you need to switch to a different class location during your course, you may do so for $50. **If you are transferring from a live class to an online course the fee is $150.

Retake Policy:

A student may retake the course within (1) year of the completion of the session first attended for a $150.00 fee per retake.

The State examination is $53.00 and is given locally.

Students will receive a certificate of completion upon passing our course and are then eligible to take the State Exam. The State Exam consists of two exams; a 50 question Indiana License Law exam and an 80 question exam on general real estate principles and practices. You must achieve 75% on each exam to pass. Once you have passed the State exam you may apply for a Broker License.

You need to obtain your primary license from the state that you live in. For example, if you live in Indiana, you should obtain your Indiana license first.