Choose A Sponsoring Broker
The first step in how to become a real estate agent in Minnesota is to choose a sponsoring broker. This person can help you get your real estate license by providing a website and a logo for your business. After acquiring the sponsorship, you must apply for a real estate license with your state's real estate board. The process can take anywhere from a few weeks to a few months. Once approved, you will receive an email or paper copy of your license in the mail. Contact our team today to learn more about how to become a real estate agent in Minnesota.
Complete Pre-Licensing Education
You must complete at least 90 hours of pre-licensing education to become a real estate agent. The classes are broken up into three 30-hour courses. You can choose to take just Course I before taking the test, and then proceed to Course II and III after you pass the test. In Minnesota, you must complete all three courses before taking your exam. However, you can choose to take them all in one shot.
Take The State Licensing Exam
Once you have completed the requirements to get a real estate license in Minnesota, you must take the state's licensing exam. The Minnesota Department of Commerce offers information about licensing requirements. In addition, there is a large amount of work involved in getting a real estate license. You must renew your license every two or four years. You should also take additional courses in order to stay up-to-date on new laws and markets.
When learning how to become a real estate agent in Minnesota, you should keep in mind that a background check will be required. If you have a criminal history, you may have difficulty obtaining a real estate license. If you have one or more felony convictions, you can apply for a Certificate of Good Conduct. A certificate of good conduct will allow you to apply for a real estate license in Minnesota if you meet the requirements. The pre-licensing course consists of three 30-hour lessons.