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Title: Real Estate Broker: -Limited -Nonresident -Resident
Alternate Title:
Description: Minnesota Department of Commerce
Subject: Brokers
Real Estate Brokers/Agents
Real Property
Creation Date: 9/11/2008 2:16:41 PM
Modification Date: 3/18/2021 12:14:15 PM
Agency Name: Commerce, Minnesota Department of
Agency URL: https://mn.gov/commerce/
Agency Description: The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.
Agency Phone: 651-539-1600
800-857-3602
Agency Fax: Agency URL: https://mn.gov/commerce/
Agency Address:
85 7th Place East, Suite 500

St. Paul
MN
55101
Unit Name: Licensing Unit
Unit URL:
Unit Description:
Unit Phone: 651-539-1599
800-657-3978
Unit Fax: Contact person(s): licensing.commerce@state.mn.us
Unit URL:
Audience: Hold Application URL: https://www.pulseportal.com/
Renewal URL: https://www.pulseportal.com/
Versa URL:
Requirements:


Broker -Limited

  1. Submit the license application at PULSE Portal
    • The license fee is $180.
  2. If you meet the requirements to waive the trust account notice, submit a Trust Account Notice Waiver Certification. The form must be attached to the online limited broker application. 

___________________________________________

Broker - Nonresident from a Reciprocal State


Must reside in and hold an active broker license in a Reciprocal State: Colorado, Iowa, Nebraska, North Dakota, Oklahoma, South Dakota and Wisconsin*.

  1. Submit a license application at PULSE Portal
    • The license fee is $210.
  2. Email a Letter of Certification (no more than 90 days old) documenting that you are currently licensed as a broker and reside in Colorado, Iowa, Nebraska, North Dakota, Oklahoma, South Dakota, or Wisconsin to licensing.commerce@state.mn.us with “Real Estate Application” in the subject line. 

  3. *Wisconsin applicants only
    • Complete the 13 hour Wisconsin to Minnesota Reciprocal Prelicense course. You can find course offerings at PULSE Portal 

    • Pass the state portion of the broker exam. You can schedule your exam with Pearson Vue  (1-833-273-1946)
Broker - Nonresident from a Non-Reciprocal State

Must reside in and hold an active broker license in a Non-Reciprocal State.

  1. Submit the Request for Waiver of Salesperson Experience to sit for Broker Exam to licensing.commerce@state.mn.us. After receiving approval you may proceed with the next steps. 

  2. Complete the 30 hour broker course.
  3. Pass the state portion of the broker exam.
    • Schedule your exam with Pearson Vue  (1-833-273-1946)
  4. Submit a license application at PULSE Portal 
    • The fee is $210.
  5. Email your salesperson experience waiver approval letter to licensing.commerce@state.mn.us

_____________________________________________________

Broker -Resident

  1. You must have at least 3 years of licensed real estate salesperson experience in Minnesota or another state with comparable requirements within the 5 years prior to the date of application for the broker's examination.
    • If this experience was obtained in another state, you must first submit a Request for Waiver of Salesperson Experience to sit for Broker Exam form. Applicants who wish to be considered for a waiver of the salesperson experience requirement must submit this form to the Commerce Department and receive approval prior to taking the broker exam. If the waiver is approved, attach copy of the department approval letter with the broker application.
  2. Complete the 30 hour broker course. 
  3. Pass the broker exam
    • Schedule your exam with Pearson Vue  (1-833-273-1946)
  4. Apply for the license at PULSE Portal
    • The license fee is $190.
  5. Applicants who wish to be considered for an additional broker's license must first determine whether they qualify. Review the Additional Broker's License Request form and ensure that you are able to check one of the boxes on it and meet the other listed requirements. If you believe that you qualify, complete the entire form and submit it to the Commerce Department. After you have been approved and have submitted the second broker application at  PULSE Portal you will need to email a copy of the department approval letter and a copy of your application confirmation page to the department with “Real Estate Licensing” in the subject line. 

Active Duty Military, Veterans, and their Spouses

You may qualify for a waiver of the real estate licensing experience requirement for the broker's examination  under certain special circumstances. Review the Request for Waiver of Salesperson Experience Waiver to sit for Broker Exam (Military) form and ensure that you meet all of the listed requirements. If you believe that you qualify, complete the entire form and submit it to the Commerce Department  to request approval to take the broker exam. Once a review is completed, Commerce will notify you in writing. If the waiver is approved, attach a copy of the department approval letter with your broker application.


Review:

Broker | Limited

Broker | Nonresident

Broker | Resident

Limited Broker License Renewal


Rules:
Statutes: 82

Forms:

Go to PULSE Portal

Trust Account Notice Waiver Certification

Request for Waiver of Salesperson Experience to sit for Broker Exam


Fees:

Broker - Limited license fee - $180  

Broker - Limited renewal fee - $120

Broker - Nonresident from a Reciprocal State - $210

Broker - Nonresident from a Non-Reciprocal State - $210

Broker - Resident license fee - $190

Refer also to Veteran License Reimbursement


Period of Issuance:

2 years, expiring on June 30.


Length of Determination: 2 - 4 weeks
Other Info:
Activity: Brokers
Commercial Mortgage Brokering
License Detail URL:

Broker | Limited

Broker | Nonresident

Broker | Resident

Real Estate Applications

Real Estate

License Lookup Directory

Minnesota Department of Commerce


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