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Real Estate License Guide
This guide is intended to help individuals and businesses understand how to apply for and receive approval from the Commerce Department for their real estate license in Minnesota. Every effort was made to ensure the accuracy of the material in this guide, but nothing in it should be construed as legal advice, and Minnesota state law always governs the matters discussed in these pages.
Notice Regarding the Technology Surcharge
Minnesota Statutes § 45.24 (f) – Effective May 1, 2023, the technology surcharge is reduced to $10.
Fees
| License Type | Initial Fee | Renewal Fee | Real Estate Education, Research,
and Recovery Fund Fee |
Technology Fee |
| Abstracter | $50 | $40 | No | No |
| Limited Broker | $150 | $100 | Initial: $30
Renewal: $20 |
No |
| Real Estate Broker | $150 | $100 | Initial: $30
Renewal: $20 |
Yes |
| Real Estate Closing Agent | $85 | $60 | Initial: $30
Renewal: $20 |
No |
| Real Estate Company | $150 | $100 | Initial: $30
Renewal: $20 |
No |
| Real Estate Salesperson | $70 | $40 | Initial: $30
Renewal: $20 |
Yes |