How Much Does A Minnesota Real Estate License Cost? Who Pays For It?
The state license fee is $110 for a new salesperson. The bigger cost is the pre-licensing classes at about $700 or more, and our scholarship can cover that for approved applicants.
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What The State Charges
The Minnesota Department of Commerce lists a $110 license fee for a new resident salesperson. Its fee table breaks that into a $70 initial fee, a $30 recovery fund fee and a $10 technology surcharge. Renewal costs less: a $40 renewal fee plus a $20 recovery fund fee. Fees can change, so confirm with the Department of Commerce before you apply.
What Else You Pay For
Before you apply, you complete Course I, Course II and Course III, then pass the state and national exam. Exams are scheduled through PSI Services. Pre-licensing classes run about $700 or more, and taking the exam costs more on top of that. You also need a licensed primary broker to sponsor your license.
Where The Scholarship Fits
Approved applicants who are not yet licensed have their pre-licensing course and exam prep paid for by Kris Lindahl Real Estate. In return, you commit to 12 months of full-time work with KLRE after you are licensed. Three recent scholarship students finished all 90 hours of Minnesota pre-licensing coursework and passed both the state and national exams in under two weeks.
The license is only the entry ticket. The real value is the training and mentorship. Learning from someone who has already done it saves you years, and you skip the tough lessons and mistakes on the way to a fast start. Think about the cost of the wrong decision, too. Starting in the wrong place costs you time, money and regret. So who do you want to learn from? Learning from the name everyone knows gives you a huge advantage.
The program is selective and a job is not guaranteed. You need real sales experience. Read the plain answers on whether the scholarship is legit, or see the full Minnesota license guide. Looking at Wisconsin? Start with the Wisconsin license cost page.
Quick Answers
Is the license fee the only cost?
No. You also have the course, exam prep and the exam itself. The scholarship covers the course and exam prep for approved applicants.
Can I get licensed in Minnesota without paying for the course?
Only if someone covers it. That is what the scholarship does for the people we approve. It takes about 60 seconds to apply and we respond to every applicant.
Fees checked against the Minnesota Department of Commerce on November 10, 2026.