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Becoming a real estate professional takes time and dedication. Through our affiliation with www.prosource.com, one of the best real estate educational services companies in Minnesota, we are able to offer you the coursework you need to get licensed.
Minnesota Licensing Requirements
To become a realtor, the state of Minnesota requires that you attend 90 hours of licensing education, pass the state-sponsored licensing exam and apply for a license with the Minnesota Department of Commerce through a Minnesota real estate broker.
Three 30-Hour Courses
The required education is comprised of Course I, Course II and Course III. Course I covers the principles of real estate and must be completed prior to taking the license exam. You can also attend the 15-hour license exam preparation course. Although not required, it nearly doubles your chances of passing the exam the first time.
Once you have taken the exam, Courses II and III must be completed. These courses cover current information about Minnesota real estate practices.
Course I
If you've been away from the books for awhile, don't worry. More than 90% of students who attend Course I and take the License Exam Preparation course offered through with www.prosource.com pass on their first try. Cost for Course I is $215 plus $34.95 for course materials.
License Exam Preparation Course
This course should be attended as soon as possible after completing Course I. The cost is $95. In fact, DMS Realtors® is so committed to making your career successful, your DMS Realtors® broker will pick up the tab for the cost of this class!
The State Licensing Exam
The Minnesota Licensing Exam is administered by Assessment Systems, Inc. (ASI) at six locations throughout the state. It is offered every Saturday in Duluth, Rochester, St. Cloud, Moorhead and Marshall. The Edina test center offers the exam daily, Monday through Saturday, plus Thursday evenings. The cost is $65.
Courses II and III
You should attend Course II and Course III as soon as possible after sitting for the exam. That way, you'll be fully prepared to apply for your license in the shortest possible time.
Course II and Course III move into the "real world" practices of real estate. You'll follow a transaction from beginning to end, engage in small group case studies and generally prepare to get started in your new career. Cost for each course is $215.
The License Application
When you've finished all the other requirements, it's time to complete your license application, have it signed by your employing broker and forward it to the Department of Commerce for processing. It will take about 10 days for your license to be issued.
Register for Classes
If you need help in scheduling, or if you have any other questions, a friendly PROSOURCE representative is just a phone call away: (651) 523-1020 . Outside the Twin Cities call toll-free 1-800-373-1295. Or register at www.prosource.com . The online process is quick and easy! ©2000 PROSOURCE EDUCATIONAL SERVICES, INC
If you would like to find out more about joining the DMS Realtors® team, contact a DMS Realtors® Broker to schedule an appointment. We would love the opportunity to sit down with you, answer any questions you may have, and see if a career in real-estate is a good fit for you!
Frequently Asked Questions . We have the answers to some commonly asked questions about starting a career in real estate or you can contact us for more information.
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