Steve Gerten Specialist from Minneapolis MN (minneapolis, mn) posted 9 months ago Anyone know what it costs for someone to actually get their license in the state of MN? Talking from online classes (which I believe = $750) to the state exams etc...Trying to simplify things for a few new folks considering joining the industry! Thanks!
Adam Tafel Real Estate Agent from St. Paul, MN replied 9 months ago @Steve Gerten - I went to Kaplan online for around $800, but if you have the time you'll learn more in an actual class. The exams and licensing costs around $150, and you'll pay around $700/year in MLS fees. They might nickel and dime you a few other ways - but I think that's it. Certain brokerages will offer incentives to refund various fees after your first few transactions, so be sure to shop around.
Steve Gerten Specialist from Minneapolis MN (minneapolis, mn) replied 9 months ago Thanks! We are likely bringing someone aboard whereby we are paying for all of their upfront expenses & they will reimburse the team via their first few transactions. I am trying to figure out the best way to have this agreement written up just in case they decide to call it quits before every transacting any deals.
Ford Wagner from Hugo, MN replied 8 months ago Finished up my schooling at Minnesota Realty School a month or so ago and it was a little over $800 for all 3 courses and test review.