Why Get Into Minnesota Real Estate
Getting your license in Minnesota is the first step of many exciting opportunities in real estate.
Your Guide to Getting Started with Your Real Estate License in Minnesota
We know that there's an overwhelming amount of information out there when it comes to becoming a real estate agent, so we took the guesswork out of it by collecting the best and most current information you need to get started.
Is Now the Time?
YES! The real estate market has had its ups and downs, but there's never been a better time to get started with becoming a real estate agent. Watch our short video and ask yourself these questions to determine if real estate is right for you.
✓ Have you been eager for a new career?
Real estate is a great industry to get into if you're a self-starter and looking to grow a business.
✓ Are you ready to determine your future?
Work on your own time, your hours and the way you want to.
✓ Do you want to control your income?
You can determine your own income based on what you want to do.
✓ Is the market right?
Do some research online and at a local real estate agency to see what's happening in your area.
As a Minnesota real estate agent you will not be at a loss for clients. Currently the market is experiencing a high demand for properties. With a low supply, quick sales are occurring and home prices are rising. Future new home construction can help balance out the supply and demand creating a stable home purchase and sell transaction environment. A new real estate agent in Minnesota can hit the ground running in this prime market allowing them to build a successful book of business if they have their finger on the pulse of the real estate market.
Is Real Estate Right for You?
A career in real estate means a lot of things to a lot of people, but here are a few key points that make it ideal for you:
✓ Flexible schedule
✓ Entrepreneurial opportunity
✓ The ability to help others
✓ A fun profession
✓ Low barrier to entry
A successful real estate agent is dedicated, hard-working, and flexible. Even with an agreeable real estate market in Minnesota, the career is very dynamic and subject to the whims of the economy. However, the job is personally satisfying, and can be financially rewarding. There is a lot involved to be a successful real estate agent. You must be willing to keep with high demand when the market is strong, and be prepared to weather the slow times. A confident, knowledgeable, and capable agent that can move from the negotiation table to the city’s neighborhoods with ease will do well. As an agent you will also wear a lot of different hats. Buying or selling a home is an emotional experience for many. Often the experience is the result of a job transfer, divorce, or marriage and requires not only competence but understanding and empathy.
If you don’t want to be tied down to the monotony of a 9 to 5 office job, the life of a real estate agent is for you. You have the opportunity to be your own boss and decide how much or little you want to work. You can set your own hours and work as a full-time or part-time as a real estate agent. With a nice balance between customer facing experiences and managing important transactions, the job will always exciting.
Annual income for real estate agents can vary widely. Factors to consider when determining your income potential include:
✓ Full-time or part-time status
✓ Affiliated brokerage
✓ Housing prices and trends in your area
As a real estate agent, your income is commission based and not dictated by an hourly wage or corporate salary structure. As with most commission based income jobs, being a real estate agent offers the chance to make an unlimited income. Of course, many factors can determine income as an agent: home price, commission amounts, and number of completed sales and purchase transactions. For those that focus on luxury home sales and close a lot of sales, the business can be very lucrative. Most realtors make a comfortable living earning around $50,000.00 a year. The nice thing about the job is that you can make as much or as little as you’d like.
The Right Education
When you’re starting a new career, education is the first step and choosing the right provider is key.
Here are a few things to look for:
Age of Content & Platform
Content is the key to our success. The real estate market is constantly changing and, if you're not learning based on recent market trends, you'll be outdated before you even get started.
✓ Age of Content & Platform
We offer brand new content and frequent updates to our courses on a brand new online learning solution. We want you to learn, grow, and succeed through the most revolutionary ideas and approaches in education.
Money Back Guarantee
You shouldn’t have to pay for something that isn’t right for you. A lot of providers don’t have your best interest in mind and don’t offer a guarantee on their products once a course is started.
✓ Money Back Guarantee
We think this one is a no-brainer. We value your time, money, and effort and we prove it through our money back guarantee policy.
Not able to finish your course? Change your mind? Some providers don’t provide a refund for any reason.
✓ Refund Policy
If something in your life has affected your decision to take our course, we respect that, and we’re transparent about how we handle it. Call us about our refund policy.
You have a lot to do and time away from home while commuting to a classroom environment is time that can be better utilized.
One of the greatest advantages of taking your course online is that you can do it whenever it’s convenient for you. Have time first thing in the morning? That’s great. Awake at 2 am? Hop online and start learning!
Online vs. Classroom
If not done well, taking an online course can feel like reading a flat and unengaging textbook online. Classrooms can be inconvenient and only offer one-size-fits-all learning.
✓ Online vs. Classroom
Our online learning solution, LEAP, is innovative, new, and delivers content in an engaging and interactive way, helping to better prepare you for your new career.
Most providers don’t publish their pass rates - and that’s usually for a reason. Knowing their average success rate will help you determine if they're the best choice for you.
✓ Pass Rates - Learn more*
We pride ourselves on having one of the highest course pass rates in the industry! Our built-in exam prep is comprehensive and our goal is to enable you to move forward in your career.
In this day and age, providers often resort to flat, overwhelming text that lacks context and engagement. That doesn’t sound like a very effective way to learn.
✓ Education Methods
We know you’re striving to be the best. That’s why we designed LEAP with the latest in adult learning science to deliver a revolutionary experience.
The beauty of online education is taking it when the time is right for you – so doesn’t it make sense that customer service should be available then as well? Make sure your provider is available when you need them.
✓ Customer Service
We’re here for you when you need us, 7 days a week, via phone, chat, and email. We look forward to hearing from you!
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The Ultimate Guide to Becoming a Real Estate Agent in Minnesota
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