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FAQ: What am I able to do with my MN real estate salesperson license?

What am I able to do with my MN real estate salesperson license?

A Minnesota real estate salesperson license enables you to act on behalf of a real estate broker to represent sellers and buyers in the selling, purchasing, listing, exchange, leasing, renting, or leasing option on any real property. As a real estate salesperson, you must be supervised by a designated broker and be affiliated with a brokerage. Your license enables you to legally earn a commission or other compensation, or the expectation of a commission or other compensation, for executing these duties.

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What am I able to do with my MN real estate salesperson license?

A Minnesota real estate salesperson license enables you to legally be able to earn a commission or other compensation, or the expectation of a commission or other compensation, by representing sellers and buyers in the selling, purchasing, listing, exchange, leasing, renting, or leasing option on any real property.

When is a MN real estate salesperson license required?

A Minnesota real estate salesperson license is required to represent a buyer or seller in a real estate transaction and earn a commission or compensation for the services. The license enables the licensee to advertise and market real estate properties and their services.

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