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Real Estate Broker Licensing in Minnesota

Review current requirements, exam details, renewal cycle, and salary outlook for real estate broker in Minnesota, including See agency and board contact links.

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

State-approved exam

Renewal Cycle

See board renewal rules

Licensing Blueprint for Real Estate Broker in Minnesota

Estimated timeline: Varies by board

Core Requirements

  1. 1

    License Type: Register with licensing agency.

  2. 2

    Schedule an Exam.

  3. 3

    Apply for a Real Estate License.

Application Snapshot

  1. Licensing Authority

    Minnesota Department of Commerce • Licensing Unit

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $66,310 median (8% below national)

  5. State Salary Rank

    #29 of 50 states

Step-by-Step Process (4)

  1. 1. Meet Minnesota eligibility requirements for Real Estate Broker licensure.
  2. 2. Complete approved education or training requirements.
  3. 3. Pass required state examinations.
  4. 4. Submit the application to Minnesota Department of Commerce~Licensing Unit and monitor board communications.

Salary Insights in Minnesota

With a median salary of $66,310, Real Estate Brokers in Minnesota earn 8% below the national median of $72,280. Minnesota ranks #29 among 50 states. The typical licensing timeline is Varies by board.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+3%

Average Weekly Wage

$1,407

Median annual salary

$66,310

Hourly estimate

$31.88
8% below national median

Difference: -$5,970

Percentile Distribution

Annual compensation
  • P1010th percentile$31,940
  • P2525th percentile$63,890
  • P50Median$66,310
  • P7575th percentile$82,240
  • P9090th percentile$92,540

State vs National Median

State: $66,310
National: $72,280

Total employment: 1,090 | Annual openings: N/A

Real Estate Broker Salary Ranking

#29 of 50 statesfor Real Estate Broker median salary
RankStateMedian Salary
#1Iowa$116,920
#2Massachusetts$112,180
#3New York$94,170
#4New Jersey$92,890
#5Connecticut$90,910

Nearby States Comparison

Real Estate Broker licensing across the region
StateMedian SalaryEducationExamTimeline
Minnesota$66,310Varies by state boardState-approved examVaries by board
Wisconsin$63,690No educational requirementsNo exam required5 years
Iowa$116,920Specific course requiredThird-party exam requiredVaries by board
South Dakota$72,280Varies by state boardState-approved examVaries by board
North Dakota$70,820Specific course requiredBoth state and third-party exams requiredVaries by board

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
Minnesota78HighBoard-specific review required.
Wisconsin54LowState-specific exam conditions may apply. Documented experience may be required.
Iowa50LowState-specific exam conditions may apply. Documented experience may be required.
South Dakota78HighBoard-specific review required.
North Dakota50LowState-specific exam conditions may apply. Documented experience may be required.
  • License status indicator: Active.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

Minnesota Department of Commerce • Licensing Unit

85 7th Place East, Suite 600, St. Paul, MN, 55101-3165

Phone: 6512966319

Visit Official WebsiteCall BoardOpen in Maps

Related Careers in Minnesota

ProfessionMedian SalaryEducationTimeline
Architect$95,380Varies by state boardVaries by board
Audio and Video Technicians$47,460Varies by state boardVaries by board
Certified Public Accountant$81,100Varies by state boardVaries by board
Civil Engineer$101,440Varies by state boardVaries by board

FAQ

How long does it take to become a Real Estate Broker in Minnesota?

Most applicants finish the licensing path in about Varies by board, but timing can change based on education track, exam scheduling, and board processing.

What is the typical Real Estate Broker salary in Minnesota?

The median annual salary for Real Estate Brokers in Minnesota is $66,310. Salaries range from $31,940 (10th percentile) to $92,540 (90th percentile).

How does the Real Estate Broker salary in Minnesota compare to the national average?

Real Estate Brokers in Minnesota earn 8% below the national median of $72,280, with a state median of $66,310.

How many Real Estate Brokers work in Minnesota?

Minnesota employs approximately 1,090 Real Estate Brokers according to BLS data.

Can I transfer my Real Estate Broker license to Minnesota from another state?

Transfer requirements vary by board. License status indicator: Active. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Real Estate Brokers in Minnesota?

The licensing agency is Minnesota Department of Commerce / Licensing Unit. Review agency details at http://www.commerce.state.mn.us/.

How often do you renew a Real Estate Broker license in Minnesota?

Current guidance indicates a renewal cycle of See board renewal rules.