The 90-hour education requirement consists of three 30-hour courses, known as Course I, Course II, and Course III. You can take the state licensing exam after successfully completing Course I, but you can't apply for a real estate license until you've successfully completed Course II and Course III.
How much does it cost to get a Minnesota real estate license?
|Real Estate Broker
|Real Estate Closing Agent
|Real Estate Company
|Real Estate Salesperson
How hard is it to pass the MN real estate exam?
If it is marked “Fail,” then you will see a breakdown of your score in the different areas of the exam. If you decide to retake the exam, use this as a guide for your studies. The passing rate for the Minnesota Real Estate Salesperson Exam is 75%. This test is purposefully difficult, but not impossible.
How many hours does it take to get real estate license in MN?
To get a Minnesota real estate salesperson license you must: Be affiliated with an actively-licensed real estate broker, who will submit your application for license. Complete 90 hours of Pre-Licensing education. Take and pass the salesperson licensing examination.
How much does the average realtor make in MN?
On average, real estate agents make $84,459 per year according to salaries reported by Indeed users. Was this answer helpful?
How do you record the sale of an asset?
To complete records on an asset that you have sold, you need to balance your books for the asset by applying appropriate debits for depreciation and sale value, and either a credit or debit to account for any loss or gain on the asset. Enter any loss on the asset as a debit or a gain as a credit.