Your question: How do I renew my MN real estate license?

How do I renew my real estate license in MN?

Go to and select “Minnesota Department of Commerce” as the “Program” and “Real Estate” as the “Board.” Under “License Renewals,” click on “Renew a Closing agent or Limited Broker License.” This will call up the “Search License Renewal” screen.

How long can a real estate license be inactive MN?

License inactive for less than two years. Generally, if your real estate salesperson’s license has been inactive for less than two years, the reactivation requirements depend on whether your license renewal deadline has passed.

How many CE credits do I need for real estate MN?

Minnesota Real Estate Licensees are required to obtain 30 hours of continuing education every 2 years. You must complete 15 hours of education each year within that 2-year period. License renewal dates vary depending on initial license date.

How much does a realtor make in MN?

The average salary for a real estate agent in Minnesota is around $40,870 per year.

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How long is real estate license good for in MN?

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.

What happens if you let your real estate license expire?

Perhaps you’ve taken a long break from real estate and your license has been expired for more than two years. If this is the case, your license is null and void and you will likely need to start from the beginning if you wish to become licensed again unless otherwise instructed by the Department of Real Estate.

Can you get a real estate license with a felony in Minnesota?

A criminal record does not necessarily prevent you from receiving your MN license. You will be asked to provide written statements and supporting documentation with your application. Your real estate broker will notify you if your application has been approved or denied.

Is the CE Shop accredited in Minnesota?

The CE Shop is an approved provider in Minnesota. The CE Shop’s Offering: 30 hours with 15 hours required for each year in the two-year renewal cycle.

What can I do with a real estate license?

What Can You Do With a Real Estate License?

  • Real Estate Agent (Buyers Agent or Sellers Agent) This is the most popular first job in real estate. …
  • REALTOR® …
  • Real Estate Broker. …
  • Property Manager. …
  • Real Estate Appraiser. …
  • Mortgage Broker or Mortgage Loan Originator. …
  • Real Estate Investor. …
  • Real Estate Attorney.
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Is a real estate agent a good job?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

What is the highest paying job in Minnesota?

According to the report, here are the top ten highest-paying jobs in Minnesota:

  • General Internal Medicine Physicians.
  • Family Medicine Physicians.
  • Physicians, All Other; and Ophthalmologists, Except Pediatric.
  • Nurse Anesthetists.
  • Pediatricians, General.
  • Dentists, General.
  • Chief Executives.
  • Dentists, All Other Specialists.

How much do Realtors make in mn per sale?

Realtors are paid on a commission basis which is usually five to six percent of a house’s sale price, split between the broker and the buyer’s agent.