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Real Estate License Guide

Minnesota · MN

Minnesota Real Estate License Checklist (2026)

Every step, fee, and deadline on one page — designed to print cleanly to PDF and check off as you go.

Before you start

  • You are at least 18 years old
  • You hold a high school diploma or GED
  • You can pass a criminal background check / fingerprinting
  • Complete Course II and Course III (30 hours each) — both must be finished before your license application is submitted

Education

90 hours split into three 30-hour courses (Course I, Course II, Course III). Sequencing matters: Course I must be completed before you can sit for the salesperson exam; Courses II and III must be done before your broker submits your license application. Many students pass the exam after Course I, then finish II and III while interviewing brokerages.

  • Complete Course I (30 hours) with an approved provider and pass its proctored course exam — this unlocks eligibility for the state licensing exam
  • Schedule and pass the salesperson exam through PSI
  • Complete Course II and Course III (30 hours each) — both must be finished before your license application is submitted
  • Verify all course completions are recorded in the PULSE system so your broker's application goes through cleanly

Application & exam

  • Find a sponsoring broker — this is mandatory before you can even apply. In Minnesota, YOU don't submit the license application; your broker must submit it through the PULSE portal
  • Apply within one year of passing the exam, or the exam result expires and you must retake it
  • Pay the initial fees: $70 license fee + $30 Real Estate Education, Research and Recovery Fund fee + $10 technology surcharge = $110 total
  • No fingerprinting is required — the application asks criminal-history questions, and applicants with a record submit written explanations plus court documents
  • Once the Commerce Department approves the application, your broker prints your license — you're active under that broker immediately. An incomplete application is considered withdrawn after six months

Budget

Minnesota licensing budget with a blank column for your actual spend
ItemEstimateActual
90-hour pre-license education (Courses I–III)$400 – $900 
PSI exam fee$63 per attempt 
License fee ($70) + Recovery Fund ($30) + tech surcharge ($10)$110 
Fingerprinting / background checkNot required 
Estimated total$550 – $1,100 

Key deadlines

  • Sequencing matters: Course I must be completed before you can sit for the salesperson exam; Courses II and III must be done before your broker submits your license application.
  • Many students pass the exam after Course I, then finish II and III while interviewing brokerages.
  • Two-year license periods ending June 30; salesperson renewal is $70 total ($40 renewal + $20 fund fee + $10 surcharge), submitted by your broker.
  • 30 hours of CE per two-year period, with at least 15 hours completed by the interim June 30.
  • No separate post-license course requirement.
  • Complete Course II and Course III (30 hours each) — both must be finished before your license application is submitted
  • Find a sponsoring broker — this is mandatory before you can even apply.
  • Apply within one year of passing the exam, or the exam result expires and you must retake it