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Real Estate License Guide

Minnesota · MN

How to get your Minnesota real estate license

Everything you need to earn a Minnesota salesperson license — from eligibility to your first sponsoring broker.

Requirements last verified July 8, 2026 by Matt Cochrell, licensed broker.

Quick answer · Verified July 8, 2026

How to get a Minnesota real estate license

Hours required
90 hrs
Total cost
$550 – $1,100
Typical timeline
6–12 weeks
Minimum age
18+
Step 1

Confirm you're eligible for a Minnesota real estate license

You must be at least 18 years old and hold a high school diploma or GED to apply for a Minnesota real estate license. A criminal background check is required — most non-violent offenses are reviewed case-by-case.

Step 2

Complete 90 hours of pre-licensing education

Note: 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
Step 3

Pass the Minnesota real estate exam

Minnesota uses PSI to administer the licensing exam. You'll need a passing score of Scaled score of 75 on each portion (national and state). The exam fee is $63. Expect roughly 100 national questions and 40–50 state-specific questions. Format: Two portions — 80 scored national questions and 50 scored Minnesota state law questions, plus unscored pretest items; computer-based at PSI centers statewide; portions scored separately.

Step 4

Apply for your Minnesota license

  • 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
Step 5

Find a sponsoring broker

Your Minnesota license stays inactive until a licensed broker sponsors you. Interview at least 2–3 brokerages, compare commission splits, training, and lead sources, and pick the one that fits your career goals — not just the highest split.

Minnesota real estate license cost breakdown

Here's a realistic estimate of everything you'll pay to earn your license. Course price is the largest variable — state fees are fixed.

Cost breakdown
ItemAmount
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

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Frequently asked questions

Renewal: 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..

Moving your license?

See how Minnesota handles out-of-state licenses — full reciprocity, partial agreements, recognition, or start-over — and how every other state stacks up.

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