Getting Your Real Estate License in MN
Updated: Apr 8
So you want to make the big bucks? Congratulations! Real Estate is a journey. A leadership program. You'll never stop learning and adapting. If you're coming onboard with us, we'll help build you a solid foundation.
If you have not met with us yet, please take the questionnaire click here
But this post isn't about Rah-Rah. It's about the basics of getting licensed and the costs.
Costs of Getting Your License
After you pass your courses, you'll need to sign up and name us as your sponsor - SeanSchellsmidt.eXpRealty.careers (Sean Schellsmidt will be your sponsor).
Get the app submitted with the Minneapolis Association of Realtors (MAAR). Get the application here $785.66 for your 1st year's payment to MAAR. The following year it's billed at $119 per quarter). Link to page
To activate your Supra E-Key to enter properties it's $50 activation and then $12.63 per month. At MAAR, they will help you activate your mobile phone and get this set up. Link to Supra
That's $1,307 total to get your license. Not a bad start-up cost. Now you're positioned to create great income with real estate.
Costs Associated with the Broker eXp Realty
The start-up fee is $149 - that covers your 1st month's fees.
$50 per month tech fee
$35 per month for the University Fee
Watch the video to learn more.
eXp Realty is designed to have minimal out of pocket expenses. Once you get passed the initial start up costs of getting licensed, then it's very affordable to hold your license at eXp.
Your next step is to fully understand how eXp is different and meet with Sean and Blanca. Here is our website where you can learn how Sean and Blanca have a ton of added value and how they can help you launch into
If you already have your license, go to get your name in the system, go to SeanSchellsmidt.eXpRealty.careers and put Sean Schellsmidt as your sponsor. This will not transfer your license, it just get's your foot in the door.
Sean and Blanca - Realtor Couple