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Updated about 3 years ago on . Most recent reply

Account Closed
  • Handyman
  • Minnesota
46
Votes |
92
Posts

MN real estate license requirements?

Account Closed
  • Handyman
  • Minnesota
Posted

What's the best way to get licensed in MN? Everything I've looked up all seems to have programs to become an agent, but I have no interest in selling homes. I really just want the information but why not get the license for my real estate journey as well?

Any info would be great, thanks in advance!

Most Popular Reply

Account Closed
  • Handyman
  • Minnesota
46
Votes |
92
Posts
Account Closed
  • Handyman
  • Minnesota
Replied

The plan, eventually would be to buy, flip and hold. As for now, I am focused (and stuck) on the education part. 

Considering my income will not change significantly at this point, lateral moves and opportunities aplenty across property management while any major advances typically require higher formal education or more years of service. There are definately higher paying jobs out there, but my network and free education in the industry are incredibly valuable, not to mention PTO and benefits making it more worth my time to work my 40, and then work directly for myself. 

Crap, I kinda forgot where I was going with that...So the intent of the real estate license would be to have the same baseline information my realtor has. Much like I have the same basic certifications or education my HVAC, plumber, electrician, mechanic, pool guy and home inspector have.

90 hours and a couple thousand could open more opportunities than buying the Real Estate for dummies book on Amazon, why get all the information without putting the extra effort in and being licensed as well?

Maybe it doesn't make sense at this moment, but maybe I do it now while I have the resources (time and money) so I don't have to worry about it when I have the resources to pursue more real estate purchases. 

Not to say I wouldn't considering representing, but I don't think theres a large enough clientele out there that values a socially awkward realtor showing up in a multicolored Accord, ripping cabinets down and chasing roaches around with an air nailer. But there is always hope!

 Thanks Evan!

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