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Questions, Answered
We're here to help with any questions about getting started in real estate. Getting licensed in Minnesota is a big step, so we've gathered and answered the most common ones below.
To get a Minnesota real estate salesperson license you must:
Be affiliated with an actively-licensed real estate broker, who will submit your application for license
For more information on the licensing process, see the Guide to Real Estate Licensing provided by the Minnesota Department of Commerce.
The time it takes to get your Minnesota real estate salesperson license depends on how long it takes to complete your Pre-Licensing education, take the licensing exam, and for your sponsoring broker to apply for your license.
The fixed fees associated with getting your Minnesota real estate salesperson license include $65 to take the licensing examination and $100 for the licensing fee. The cost to complete your Pre-Licensing education courses will depend on the education provider you choose. Check with your primary broker if other licensing fees apply.
Note: These costs are subject to be changed by the state at any time.
The term for a Minnesota real estate salesperson license is two years, expiring on June 30. To be eligible for renewal, you must complete 30 hours of Continuing Education (CE) courses. Once you’ve completed your CE requirements for the renewal period, it’s the responsibility of the primary broker at your real estate company to renew your license before June 30th of the applicable renewal year. Check with your primary broker for further information on the renewal process.
You don’t apply for your real estate salesperson license. Only a licensed primary broker can submit an application for a salesperson’s license. Check with your company’s primary broker on the application process.
Being convicted of a crime might impact your ability to become licensed. Please contact the MN Real Estate Commission for more information.
Every Minnesota salesperson must complete 15 hours of real estate instruction approved by the Minnesota Commerce Department.
Yes, the state of Minnesota allows future real estate salespeople to earn their real estate license online. If you’re interested in getting your Minnesota real estate license online, learn more about your available options.
To become licensed as a real estate salesperson in Minnesota:
Be at least 18 years old
Successfully complete three 30-hour education courses (known as Course I, Course II, and Course III)
Pass the Minnesota salesperson's examination
Become associated with a licensed real estate broker (who must submit the application for your license), and receive notice that the application for your license has been approved by the Commerce Department
Many issues factor into the average real estate salary, including the number of real estate transactions and commission fees. On average, a real estate salesperson in Minnesota can expect to make about $84k per year, according to ZipRecruiter.com.
You must be at least 18 years old to become a real estate salesperson in Minnesota.
No, you do not need to have a high school diploma or GED to apply for a real estate license in Minnesota. The only requirement is that you are at least 18 years of age or older.
Minnesota has reciprocity agreements with the following states: Colorado, Iowa, Nebraska, North Dakota, South Dakota, and Oklahoma. The fee to apply for reciprocity is $130. Agents should learn as much as they can ahead of time to streamline the reciprocity application process.
More Questions?
Answers to the most common licensing questions.
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