How to Become a Real Estate Broker in Minnesota
Becoming a real estate broker in Minnesota takes education, an exam and an application. Here is the exact breakdown for Minnesota, sourced from the official board.
How do I become a real estate broker in Minnesota?
To become a real estate broker in Minnesota you must complete 30 classroom hours plus 30 hours of broker education, pass the PSI state broker exam (national + state portions), meet the experience requirement (None required; qualification is via education and exam), cover the fees (Application $100, license fee $105). Licensing is handled by Minnesota Department of Commerce. Confirm current rules with the official board before applying.
Requirements at a glance
- Pre-licensing education
- 30 classroom hours plus 30 hours of broker education
- Exam requirements
- PSI state broker exam (national + state portions)
- Experience
- None required; qualification is via education and exam
- Fees & costs
- Application $100, license fee $105
- Reciprocity
- Reciprocity with select states
- Renewal
- 2-year cycle, 30 hours CE including 3 hours ethics
Exam prep for the Real Estate Broker license exam
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FAQ
What are the education requirements to become a real estate broker in Minnesota?
30 classroom hours plus 30 hours of broker education. This is the requirement published by the state.
What exam do I take to become a real estate broker in Minnesota?
You take the PSI state broker exam (national + state portions). Sign up through the approved testing vendor used by the state.
How much does a real estate broker license cost in Minnesota?
Application $100, license fee $105. Application, education and exam fees are set by the state board and can change.
How often do I renew my real estate broker license in Minnesota?
2-year cycle, 30 hours CE including 3 hours ethics.
All states for this license
Licensing rules can change. This page is a summary, not legal advice. Always confirm current requirements with the official Minnesota Department of Commerce before applying.