Growth Trends for Related Jobs
Ninety hours of prelicense education is the cornerstone* of the requirements for a Minnesota real estate license. You must also pass a licensing exam and be affiliated with a broker.
Basic License Requirements
The 90 hours of education are divided into three 30-hour courses, according to Kaplan. You can take the licensing exam after the first course, though you can't get a license until you complete all three.
A broker is required to complete an additional 30-hour broker's course and have three years of real estate sales experience in Minnesota or a state with comparable requirements. At the time of application, an aspiring agent must be affiliated with a licensed broker.
Additional Qualification Factors
You have one year from the date you take the licensing exam to apply for your license. Otherwise, you have to retake the test. A newly licensed seller is also required to take 30 hours of continuing real estate education within the first two years.
The application fee for licensure is $120 as of March 2015. Minnesota reciprocates licenses for people who hold a real estate license in several states, including Iowa, Nebraska, Oklahoma and Wisconsin.
Neil Kokemuller has been an active business, finance and education writer and content media website developer since 2007. He has been a college marketing professor since 2004. Kokemuller has additional professional experience in marketing, retail and small business. He holds a Master of Business Administration from Iowa State University.
Ryan McVay/Photodisc/Getty Images