How to Obtain a Real Estate License in Minnesota
We'll give you the truth when it comes to your real estate license cost
MN Education Options;
ermetro.theceshop.com - 35% off promo code “ERMETRO”
1 - $2000est Up-Front Costs;
1/2 real estate transaction and you cover the up-front cost.
$500 to $800 - Pre-Licensing Education Expense
$150 - State and National Tests - You will take 2 tests
$150 - Application Fee - Minnesota Realtors(MN state association) and MAR(Minneapolis Association of Realtors)
$175 - MAR - Prorated 1st Year Dues(cost depends on start date)
$131.25 - Prorated Minnesota Realtors 1st Year Dues
$120 - NAR - Prorated National Association of Realtors 1st Year Dues
$115 - Minnesota Dept of Commerce - Applying for your New License
$130.75 - First Quarter MLS Access and eKey - MAR
$425 - EXIT Realty Corporate Yearly Membership(will prorate depending on start date)
est $500 initial marketing misc and personal signage
2- On-Going Yearly Costs to Maintain License;
Basically you need to do 1/4 to 1/2 of an average deal a year to cover the cost of remaining licensed.
$300 - Errors and Omissions Insurance - Billed @ $25/mo
$426.25 - NAR, MAR. MAAR Annual Dues - Due in Nov
$200 - MN Continuing ED (15 hours year 1 and 15 hrs year 2)
$617 - MLS access and Superkey - Billed Quarterly
$115 - MN License Renewal(renews every 2 years) - Due in June
$425 - EXIT Corporate Membership Yearly Dues - Due in June
MN Education Options;
ermetro.theceshop.com - 35% off promo code “ERMETRO”
1 - $2000est Up-Front Costs;
1/2 real estate transaction and you cover the up-front cost.
$500 to $800 - Pre-Licensing Education Expense
$150 - State and National Tests - You will take 2 tests
$150 - Application Fee - Minnesota Realtors(MN state association) and MAR(Minneapolis Association of Realtors)
$175 - MAR - Prorated 1st Year Dues(cost depends on start date)
$131.25 - Prorated Minnesota Realtors 1st Year Dues
$120 - NAR - Prorated National Association of Realtors 1st Year Dues
$115 - Minnesota Dept of Commerce - Applying for your New License
$130.75 - First Quarter MLS Access and eKey - MAR
$425 - EXIT Realty Corporate Yearly Membership(will prorate depending on start date)
est $500 initial marketing misc and personal signage
2- On-Going Yearly Costs to Maintain License;
Basically you need to do 1/4 to 1/2 of an average deal a year to cover the cost of remaining licensed.
$300 - Errors and Omissions Insurance - Billed @ $25/mo
$426.25 - NAR, MAR. MAAR Annual Dues - Due in Nov
$200 - MN Continuing ED (15 hours year 1 and 15 hrs year 2)
$617 - MLS access and Superkey - Billed Quarterly
$115 - MN License Renewal(renews every 2 years) - Due in June
$425 - EXIT Corporate Membership Yearly Dues - Due in June