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FAQ: When is a MN real estate salesperson license required?

When is a MN real estate salesperson license required?

You will need a Minnesotareal estate salesperson license to represent a buyer or seller in a Minnesota real estate transaction and earn a commission or compensation for the services. The services include the listing, selling, purchasing, leasing, lease options and renting of real property. The license enables the licensee to advertise and market real estate properties and their services.

Note: a salesperson license is not required to sell or buy your own home.

Related Questions

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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