Minnesota · real estate agent

Real estate agents in Minnesota

Yes: in Minnesota, real estate agents need a state license issued by the Minnesota Department of Commerce (Commissioner of Commerce). You can check a name yourself on Commerce License Lookup Directory.

Real estate agents in Minnesota: what buyers ask

Who pays the real estate agent in Minnesota?

Commissions are negotiable and not set by law. Since August 17, 2024, offers of compensation are banned from the MLS and buyers sign a written agreement first.

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What must a seller disclose in Minnesota?

A Minnesota seller of residential property must give the buyer a written disclosure of all material facts the seller knows before signing the sale agreement (Minn. Stat. 513.55). A buyer harmed by a missed disclosure has two years after closing to sue.

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Check a real estate agent yourself

The 10 sectors of Minneapolis

ZIP 55407 · ZIP 55406 · ZIP 55414 · ZIP 55408 · ZIP 55418 · ZIP 55419 · ZIP 55404 · ZIP 55411 · ZIP 55417 · ZIP 55412

Other trades in Minnesota