How do I take the real estate exam in Minnesota?

How hard is the Minnesota real estate exam?

The salesperson exam consists of 80 national questions and 40 state-specific questions. To pass, you must correctly answer at least 75% of the questions. The broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 75% of the questions.

How much is the MN real estate exam?

How much does it cost to get a Minnesota real estate license? The fixed fees associated with getting your Minnesota real estate salesperson license include $65 to take the licensing examination and $100 for the licensing fee.

How many times can you take Mn real estate exam?

There is not a specified limit on the number of times you can retake the Minnesota salesperson exam. You do need to wait 24 hours before scheduling your retake.

How do you get a real estate license in Minnesota?

How Do I Get My Minnesota Real Estate License?

  1. Step 1: Must be at Least 18 Years of Age. …
  2. Step 2: Register for Course I. …
  3. Step 4: Attend the License Exam Preparation Course (Optional) …
  4. Step 5: Take the Exam. …
  5. Step 6: Attend Course II and Course III. …
  6. Step 7: Apply for Your License.
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Do Realtors make a lot of money?

In Alberta, Real estate agents and salespersons earn an average of $30.35/hour or $61,168.00/year.

How long is the Minnesota real estate test?

Pass the Minnesota real estate examination.

This 130 question test is comprised of two portions, covering both general and state requirements. You will have 4 hours to take the exam, 2.5 hours for the general portion and 1.5 hours to complete the state portion.

How much does a realtor make in MN?

The average salary for a real estate agent in Minnesota is around $40,870 per year.

Is it worth it to become a real estate agent?

Choosing to become an estate agent is no longer a stop-gap or part-time job, but a real career choice with excellent prospects. It is an option definitely worth considering for graduates and school leavers, especially those with ambition, drive and initiative and who enjoy dealing with people.

How much does it cost to become a real estate agent?

As a real estate agent, you’ll be required to be licensed by the state in which you plan to practice, and you can expect to shell out around $2,000 over the course of becoming licensed.