Application Fee
See board websiteVerified by MN Board of Business
Real Estate Broker Licensing in Minnesota
Review current requirements, exam details, renewal cycle, and salary outlook for real estate broker in Minnesota, including See board website and board contact links.
Last verified: Feb 12, 2026
Exam Requirement
State-approved examRenewal Cycle
See board renewal rulesLicensing Blueprint for Real Estate Broker in Minnesota
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Register with licensing agency
- Education: Varies by state board
- Examination: State-approved exam
- Application Fee: See board website
Application Snapshot
- Licensing Authority
Minnesota Department of Commerce • Licensing Unit
- Current Filing Fee
See board website
- Renewal Cycle
See board renewal rules
- Salary Position
$66,310 median (8% below national)
- State Salary Rank
#29 of 50 states
Step-by-Step Process (4)
- 1. Meet Minnesota eligibility requirements for Real Estate Broker licensure.
- 2. Complete approved education or training requirements.
- 3. Pass required state examinations.
- 4. Submit your application to the Minnesota Department of Commerce~Licensing Unit.
Salary Insights in Minnesota
With a median salary of 66,310, Real Estate Brokers in Minnesota earn 8% below the national median of 72280. Minnesota ranks #29 among 50 states. The typical licensing timeline is 6-24 months.
State Hiring Climate (QCEW)
RisingQoQ Employment Change
+3%Average Weekly Wage
$1,407Median annual salary
$66,310Hourly estimate
$31.888% below national median
Difference: -$5,970
Percentile Distribution
Annual compensationReal Estate Broker Salary Ranking
#29 of 50 statesfor Real Estate Broker median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | Iowa | 116,920 |
| #2 | Massachusetts | 112,180 |
| #3 | New York | 94,170 |
| #4 | New Jersey | 92,890 |
| #5 | Connecticut | 90,910 |
Nearby States Comparison
Real Estate Broker licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| Minnesota | $66,310 | Varies by state board | State-approved exam | 6-24 months |
| Wisconsin | $63,690 | No educational requirements | No exam required | 6-24 months |
| Iowa | $116,920 | Specific course required | Third-party exam required | 6-24 months |
| South Dakota | $72,280 | Varies by state board | State-approved exam | 6-24 months |
| North Dakota | $70,820 | Specific course required | Both state and third-party exams required | 6-24 months |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| Minnesota | 78 | High | Board-specific review required. |
| Wisconsin | 54 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Iowa | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| South Dakota | 78 | High | Board-specific review required. |
| North Dakota | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
- License status indicator: Active.
- Reciprocity and transfer rules vary by state board.
Official Licensing Agency
Minnesota Department of Commerce • Licensing Unit
85 7th Place East, Suite 600, St. Paul, MN, 55101-3165
Phone: 6512966319
Related Careers in Minnesota
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $95,380 | Varies by state board | 6-24 months |
| Certified Public Accountant | $81,100 | Varies by state board | 6-24 months |
| Civil Engineer | $101,440 | Varies by state board | 6-24 months |
| Financial Advisor | $94,420 | Varies by state board | 6-24 months |
FAQ
How long does it take to become a Real Estate Broker in Minnesota?
Most applicants finish the licensing path in about 6-24 months, 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 31940 (10th percentile) to 92540 (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 72280, with a state median of 66,310.
How many Real Estate Brokers work in Minnesota?
Minnesota employs approximately 1090 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.
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/.