• Sean and Blanca

Getting Your Real Estate License in MN

Updated: May 13

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.

Please take the new agent 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

  • Get the application here and submit to the Minneapolis Association of Realtors (MAAR).

  • Sign up for your online licensing class. It will cost $450 - $610 Link to online real estate class/course.

  • $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 $1,385 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

  • $50 per month tech fee

  • $35 per month for the University Fee

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.

To get your name in the system, go to Join.eXpRealty.com 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

eXp Realty