Who must have a real estate license in Minnesota?

In Minnesota, anyone involved in the buying, selling, leasing, or transferring of real estate for a fee is required to have a real estate license. This includes individuals who serve as agents, brokers, or any other roles that facilitate real estate transactions. The licensing requirement ensures that those participating in the real estate market are knowledgeable about the laws, regulations, and practices that govern the industry, promoting ethical standards and protecting consumers.

Brokers in charge of offices and licensed attorneys may have specific roles within the real estate transaction process, but that does not exclude the broader group of individuals engaging in real estate activities for compensation. Real estate appraisers, while essential to the industry, operate under different licensing requirements and do not encompass the full range of real estate activities that require a license for those receiving a fee for their services.