Real Estate Agent in Minnesota
Requirements, salary data, licensing costs, and career ROI for MN
How to Become a Real Estate Agent in Minnesota
To become a Real Estate Agent in Minnesota, you must be at least 18 years old and complete 90 hours of pre-license education (three 30-hour courses) through an approved provider. After completing Course I, you can take the Minnesota Real Estate Salesperson Exam, administered by Pearson VUE, for a fee of $65. Once you pass the exam and complete all 90 hours of education, a licensed real estate broker must submit your license application, along with a $100 fee, to the Minnesota Department of Commerce. Minnesota has reciprocity agreements with several states, but specific requirements may apply, such as an additional course and state exam portion for Wisconsin licensees. A background check is also required.
Real Estate Agent Requirements in Minnesota
| Detail | Minnesota |
|---|---|
| Licensing Body | Minnesota Department of Commerce |
| State License Required | Yes |
| Education | 90 hours (three 30-hour courses) |
| Exam | Minnesota Real Estate Salesperson Exam (Pearson VUE) ($65) |
| Application Fee | $100 |
| Renewal | Every 2.0 years |
| Continuing Education | 30.0 hours per cycle |
| Notes | Applicants must be at least 18 years old. A background check is required. Association with a licensed real estate broker is required for application submission. |
Source: Minnesota Department of Commerce
License Tiers
Minnesota offers multiple tiers of real estate agent licensing:
| Tier | Hours Required |
|---|---|
| Salesperson | N/A |
| Broker | N/A |
Real Estate Agent Salary in Minnesota
The median real estate agent salary in Minnesota is $47,650 per year, which is 15.4% below the national median of $56,320.
| Percentile | Annual Salary |
|---|---|
| 10th (entry level) | $36,030 |
| 25th | $39,220 |
| 50th (median) | $47,650 |
| 75th | $92,540 |
| 90th (experienced) | $138,310 |
Minnesota employs approximately 2,480 real estate agents.
Real Estate Agent Job Outlook
AI Impact on Real Estate Agents
High AI Exposure (Score: 0.86/1.00)
Many tasks in this career are susceptible to AI automation. Long-term career planning should account for potential disruption.
Is Becoming a Real Estate Agent in Minnesota Worth It?
Factors to consider: Minnesota's cost of living, the state licensing requirement, moderate job growth, elevated AI disruption risk, and your personal career goals.