Real Estate

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Delivery Formats and Requirements

Steps to Licensing and Licensing Packages

Individual Licensing and Exam Prep Courses

Salesperson Licensing Live Classroom Schedule

Broker Licensing and Classroom Locations

Minnesota

Real Estate Licensing Education Spring 2015

NEW!

OnDemand video complete licensing package only $699

The Classroom Without Walls. Convenient Online and Live Courses. The knowledge you need to succeed.

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Delivery Formats and Requirements

Individual Licensing and Exam Prep Courses

Steps to Licensing and Licensing Packages

No two students’ schedules are exactly alike. That’s why Kaplan offers you two distinctly different educational delivery vehicles to help you complete your licensing requirements. Each has unique advantages designed with the highest level of convenience and success in mind.

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Broker Licensing and Classroom Locations

Salesperson Licensing Live Classroom Schedule

Kaplan’s comprehensive study solutions will provide you

WAYS

with the knowledge you need to succeed. We understand the Minnesota state requirements, and our courses contain the

to complete your education!

most current and accurate information available. Kaplan will provide you with the skills you need to get licensed and excel in your career.

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OnDemand

Our most popular option! With a few clicks of the mouse, Kaplan’s innovative OnDemand virtual classroom helps you complete your required education on your terms:

Anytime, Anywhere

Interactive Learning

Your Own Schedule

Help When You Need It

Convenient online learning anywhere

Join our real estate experts in our state-of-

Start, stop, pause, and rewind each video

Get personal attention with regular

you have access to the Internet.

the-art studio from your own home!

lesson or segment as often as you like.

emails and one-to-one phone calls.

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Live Classroom

The Requirements

If you work best with set class times and enjoy lively discussions with instructors and classmates,

The state of Minnesota requires:

this option is for you. Learn from state-certified instructors at one of our live classroom locations.

• 90 hours of licensing education

See page 11 for locations and directions.

• Passing score on the License Exam • License application to the Department of Commerce

Three 30-Hour Courses Three courses fulfill the licensing requirements. Course 1 covers basic real estate principles

The knowledge you need to succeed.

and must be completed before taking the license exam. To enhance your chances of

Kaplan’s comprehensive study solutions:

Prep course. Next, take Course 2 and Course 3 covering Minnesota real estate practices.

• Directly reflect what is tested on your exam to help you pass

Minnesota License Exam

• Provide the skills you need to help your clients and excel in your career

To view all testing locations, visit www.psiexams.com. Preregistration and advance

• Contain the most current and accurate information available 2

passing the exam on your first try, we recommend the optional Minnesota Real Estate Exam

www.KapRE.com/MNLIC

payment are required. The exam consists of two parts. A general section covers general real estate knowledge, and the state laws section covers Minnesota issues. Passing requires a minimum score of 75% on each section.

Call 888.523.1020 to Enroll Today!

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Delivery Formats and Requirements

Steps to Licensing and Licensing Packages

Individual Licensing and Exam Prep Courses

Minnesota Salesperson Licensing Packages

Your Step-by-Step Guide to Obtaining a Minnesota Real Estate License 1. Register for Course 1. You must complete Course 1 before taking the exam. Save by purchasing all of your courses in one convenient package. Minnesota Salesperson Complete Prelicense OnDemand Package $699 Minnesota Salesperson Complete Prelicense Classroom Package $849

2. Preregister for your License Exam. To view all testing locations, visit www.psiexams.com. Preregistration and advance payment are required. The name of the exam to register for is the Real Estate Salesperson–State and General Combo. Note: the school code is 244. There are two ways to register: Online Registration: Visit www.psiexams.com and pay with your Visa® or MasterCard®. Registration by Phone: Call 1.800.733.9267 (24 hours a day) and register using the Automated Registration System. Otherwise, PSI registrars are available Monday–Friday 6:30 am–7:00 pm and Saturday 10:00 am–4:00 pm. Pay with Visa® or MasterCard®.

3. Attend the Minnesota Real Estate Exam Prep (included in complete packages). Allow sufficient time before the exam for this highly recommended exam prep course.

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$99

4. Take the exam. Come to the exam site with: • Two forms of valid, current signature identification, one of which must be photo-bearing (preferably a driver’s license) • Original Course 1 Completion Certificate from Kaplan • Simple calculator (non-programmable) Candidates may cancel or reschedule up to two days before the testing date without penalty.

5. Attend Course 2 and Course 3. Keep moving forward toward your new career by attending these required courses immediately after taking the licensing exam.

6. Apply for your license.

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Broker Licensing and Classroom Locations

Salesperson Licensing Live Classroom Schedule

SAVE when you purchase our complete licensing packages!

Minnesota Salesperson Complete Prelicense OnDemand Package

Minnesota Salesperson Complete Prelicense Classroom Package

$699 | Save $72

$849 | Save $72

Minnesota 30-Hour Salesperson Prelicense Course 1

*

Minnesota Real Estate Exam Prep

*

Minnesota 30-Hour Salesperson Prelicense Course 2 Minnesota 30-Hour Salesperson Prelicense Course 3 Interactive Study Group

Course Delivery Formats Live Classroom

OnDemand

Live Online

See pages 8-9 for Live Classroom Schedules

*Call 888.523.1020 to enroll in classroom exam prep with the OnDemand package or OnDemand exam prep with the classroom package.

Your employing broker will help you complete and submit your license application.

Why OnDemand?

Interactive Study Group (Included with OnDemand Package)

Your success on the licensing exam depends on your full understanding of the topics and

You’ll receive unlimited access to Kaplan’s lectures during your enrollment. You control the pace of your education!

concepts. That’s why Kaplan Real Estate Education has developed an Interactive Study Group for our distance learning students! Interactive Study Groups cover national and state-specific content in live webinars designed

Detailed illustrations complemented with thorough explanations help to solidify your mastery of concepts and topics.

to make distance learners part of the class through full access to our real estate industry experts. Join our expert faculty and other students for a lively discussion of topics. Prepare any questions you may have and bring them to the study groups; the goal is to reinforce key concepts covered in your courses and provide the opportunity for you to interact with

Field videos show real-life examples and scenarios.

Kaplan’s faculty and learn from other students.

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www.KapRE.com/MNLIC

Call 888.523.1020 to Enroll Today!

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Delivery Formats and Requirements

Steps to Licensing and Licensing Packages

Individual Licensing and Exam Prep Courses

Individual Minnesota Salesperson Courses and Exam Prep Minnesota 30-Hour Salesperson Prelicense Course 1 with Exam Prep Package with

or

Exam Prep | $299*—You SAVE $24

with

or

Exam Prep | $349*—You SAVE $24

Individual Minnesota Salesperson Courses Minnesota 30-Hour Salesperson Prelicense Course 2 30 Credit Hours | $224* 30 Credit Hours | $274 Prerequisite: Course I

This package contains all of the required education you need to sit for the Minnesota License Exam coupled with our dynamic exam preparation that will provide the confidence you need on exam day! Included in this package are the Minnesota 30-Hour Salesperson Prelicense Course I and our premier Exam Prep course. Not only will the package prepare you to successfully pass your licensing exam, it will lay the foundation for a career in real estate.

The course begins with an introduction to your career in real estate and quickly moves into the practice of real estate.  You will learn how to evaluate a seller’s property, complete a listing contract, complete a buyer representation agreement, financially qualify your buyer, and write your first residential purchase agreement.  Instructed by industry experts you leave this course with a solid foundation in the practical application of today’s typical real estate contracts.

Includes: • Minnesota 30-Hour Salesperson Prelicense Course I • Minnesota Salesperson Exam Prep • Textbooks—Upon enrollment, you will be shipped the following textbooks: Modern Real Estate Practice, Modern Real Estate Practice Workbook, and Minnesota Real Estate Principles.

Topics Include: • Career opportunities, selecting a company, traits and skills that contribute to success • Understanding agency and representation • How to conduct a walk-through and perform a competitive market analysis • How to make a listing presentation and prepare a seller’s expense sheet • How to represent buyers • Conventional financing options

Minnesota 30-Hour Salesperson Prelicense Course 1 30 Credit Hours | $224* 30 Credit Hours | $274 This exam-focused 30-hour course is the first of three courses you need to successfully complete the 90-hour education requirement on your way to getting a Minnesota real estate salesperson license. You will learn the principles of real property law, ownership, and brokerage. You will also learn about the rights and interests you receive in real property, how they are properly recorded, and how the government can and does withhold certain rights. From financing, appraisal, and property management to federal fair housing laws, settlement math, and closing the transaction, you will cover it all. You are on a mission and your time is valuable—don’t waste it on unproven education providers or courses. Topics Include: • The nature, description, and use of real estate • Rights and interests in land • Ownership and title transfer • Recordation, abstracts, and title insurance • Real estate contracts

• • • • •

Basic real estate math Mortgages and lending practices Government programs and appraisal The client/broker relationship Minnesota license law

Minnesota Salesperson Exam Prep or

0 Credit Hours | $99

Highly Recommended! Included in packages (pg. 5)

Over 70 years of preparation has gone into the finest exam prep courses on the market today. These courses provide laser-focused review of exam content delivered by the industry’s best instructors to ensure that you have no surprises on test day. Our updated materials reflect changes in the industry so you can be confident you are studying the topics that will prepare you for success. Each course starts with a diagnostic practice exam that allows you to discover your strengths and weaknesses by subject area and give you a reliable prediction of your performance on the PSI™ State Exam. Most importantly, it includes a comprehensive review of the most heavily tested content. *Enrollment includes Interactive Study Group

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Broker Licensing and Classroom Locations

Salesperson Licensing Live Classroom Schedule

• B  uyer mortgage qualification and consumer protection laws • How to prepare and present a buyer’s expense worksheet • Additional financing alternatives—cash, contract for deed, and assumptions • How to write and present your first Purchase Agreement

Minnesota 30-Hour Salesperson Prelicense Course 3 30 Credit Hours | $224* 30 Credit Hours | $274 Prerequisites: Course 1 and Course 2 In Course 3 you will learn to market and sell a listing along with how to successfully manage a sale through critical steps that must be completed in order for the property to close. You will also learn the specifics required to sell condos or town homes and to lease residential property along with the process for selling short sale and foreclosure real estate. Housing structure, condition, and styles are comprehensively explored. In addition, our industry experts help you create a working business plan to successfully launch your real estate career. After completing Course 1, Course 2, and Course 3, and passing the Minnesota Real Estate Exam, you will be ready to apply for your real estate salesperson license. Your employing broker will help you complete and submit your license application to the Minnesota Department of Commerce. Topics Include: • Marketing real estate • Servicing and selling your listing • How to get from the sale to closing • Beyond the single-family home: condos, town homes, and residential leasing

Course Delivery Formats:

• Short sales and foreclosures • Houses: construction, condition, and architectural styles • Launching your real estate career

Live Classroom

OnDemand

See pages 8-9 for Live Classroom Schedules

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www.KapRE.com/MNLIC

Call 888.523.1020 to Enroll Today!

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Delivery Formats and Requirements

Individual Licensing and Exam Prep Courses

Steps to Licensing and Licensing Packages

Salesperson Licensing Live Classroom Schedule

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Broker Licensing and Classroom Locations

Minnesota Salesperson Licensing Live Classroom Schedule Location

Course 1

Exam Prep

Course 2

Course 1

Daytime Mar 2, 3, 4, 5, 6

Mar 9–10

Mar 16, 17, 18, 19

Mar 23, 24, 25, 26

Mar 16, 17, 18, 19, 20

Mar 23–24

Mar 30, 31 Apr 1, 2

Apr 6, 7, 8, 9

Mar 30, 31, APR 1, 2, 3

Apr 6–7

Apr 13, 14, 15, 16

Apr 20, 21, 22, 23

Apr 13, 14, 15, 16, 17

Apr 20–21

Apr 27, 28, 29, 30

May 4, 5, 6, 7

Apr 27, 28, 29, 30, May 1

May 4–5

May 11, 12, 13, 14

May 18, 19, 20, 21

May 11, 12, 13, 14, 15

May 18–19

May 26, 27, 28, 29

Jun 1, 2, 3, 4

St. Paul

May 26, 27, 28, 29*

Jun 1–2

Jun 8, 9, 10, 11

Jun 15, 16, 17, 18

Bloomington

Jun 8, 9, 10, 11, 12

Jun 15–16

Jun 22, 23, 24, 25

Jun 29, 30, Jul 1, 2

Jun 22, 23, 24, 25, 26

Jun 29–30

Jul 6, 7, 8, 9

Jul 13, 14, 15, 16

Feb 23–27, Mar 2–6

Mar 9, 10, 11, 12

Mar 16–19, 23–26

Mar 30–Apr 2, Apr 6–9

May 4–8, 11–15

May 18, 19, 20, 21

May 26–29, Jun 1–4

Jun 8–11, 15–18

Feb 21–22, Feb 28–Mar 1

Mar 7–8

Mar 14–15, 21–22

Mar 28–29, Apr 11–12

Mar 28–29, Apr 11–12

Apr 18–19

Apr 25–26, May 2–3

May 9–10, 16–17

May 2–3, 9–10

May 16–17

May 30–31, Jun 6–7

Jun 13–14, 20–21

Bloomington

May 30–31, Jun 6–7

Jun 13–14

Jun 20–21, 27–28

Jul 11–12, 18–19

St. Paul

Jun 27–28, Jul 11–12

Jul 18–19

Jul 25–26, Aug 1–2

Aug 8–9, 15–16

St. Paul Plymouth St. Paul Bloomington St. Paul Plymouth

St. Paul

Evening St. Paul Bloomington

Class Times

Course 3

Daytime: 9:00 am–4:00 pm Evening: 6:30 pm–9:30 pm Weekend: 8:30 am–5:00 pm

Exam Prep Daytime: 8:30 am–5:00 pm Evening: 6:15 pm–10:00 pm Weekend: 8:30 am–5:00 pm

Course 2 Daytime: 8:30 am–5:00 pm Evening: 6:15 pm–10:00 pm Weekend: 8:30 am–5:00 pm

Course 3 Daytime: 8:30 am–5:00 pm Evening: 6:15 pm–10:00 pm Weekend: 8:30 am–5:00 pm

Weekend St. Paul Bloomington St. Paul

“Great teachers, great OnDemand video, and awesome study materials! A MUST if you’re looking to get your Real Estate License!” -Michael T.

* Course 1 on May 26–29 class times are 8:30 am–5:00 pm due to Memorial Day.

Real Estate Study Package | $49 To purchase, call 888.523.1020. Includes: • Modern Real Estate Practice Flashcards • The Language of Real Estate (book) • The Language of Real Estate (MP3)

Dates, times, and locations are subject to change. Please visit www.KapRE.com/MNLIC for the most recent information.

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www.KapRE.com/MNLIC

Call 888.523.1020 to Enroll Today!

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Delivery Formats and Requirements

Steps to Licensing and Licensing Packages

Individual Licensing and Exam Prep Courses

Minnesota Broker Licensing Package Broker Principles of Minnesota Real Estate with Exam Prep Package with

or

Exam Prep

Get all the support you need to succeed on the broker licensing exam in Minnesota with this all-inclusive package. This premium Minnesota Broker licensing package is created to give you the most effective licensing education and exam practice possible at a reduced rate. Not only will this package prepare you to successfully pass your broker licensing exam, it will also help move your career to the next level. This package includes the 30-hour Minnesota Broker Principles live classroom course along with Kaplan’s premium online video OnDemand or Live Classroom Exam Prep course. You get the industry’s best instructors, course materials, and classroom setting to satisfy your education requirement. You also receive Kaplan’s finest Exam Prep course to sharpen you for exam day. This package fulfills all the educational requirements for your broker license and prepares you to pass the license exam on your first attempt! Includes:

Broker Principles of Minnesota Real Estate Classroom Course

| 30 Credit Hours

This course is designed to teach the information you need to pass the broker’s exam and also give you important information about how to be a good broker. We take an in-depth look at all of the Minnesota real estate laws and regulations. You’ll also learn critical information to keep you legal, like how to set up a trust account and how to follow the agency disclosure requirements. Minnesota requires you to complete the Broker Principles course within 12 months prior to licensure. Each applicant must have a minimum of three years experience.

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This is the best way to get in gear to take the exam. It uses diagnostic practice exams, lectures, quizzing, and sample questions in the course workbook to prepare you for success on test day. This course should be attended as soon as possible after completing the Broker Principles course. You will want to take your broker licensing exam within a couple days of completing this Exam Prep course.

Broker Principles of Minnesota Real Estate Live Classroom Schedule Date

Your Continuing Education Requirements After Licensure

30 Credit Hours | $295

Exam Prep

Continuing Education

Day

Time

Location

Mar 14–15, 21–22

Weekend

8:30 am–5:00 pm

St. Paul

Apr 20–23

Weekday

8:30 am–5:00 pm

Plymouth

May 18–21

Weekday

8:30 am–5:00 pm

St. Paul

Jun 15–18

Weekday

8:30 am–5:00 pm

Bloomington

The Minnesota Department of Commerce requires all new licensees to complete 30 hours of state-approved education during their initial licensing period. The licensee’s initial licensing period will expire on the second June 30 after issuance. The first license year will be less than 12 months, followed by the second license year that will run from July 1 to June 30.

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Broker Licensing and Classroom Locations

Salesperson Licensing Live Classroom Schedule

Classroom Locations Our inviting classrooms and approachable instructors make learning fun and easy. You’ll also enjoy convenient parking, complimentary coffee, and local phone service.

St. Paul (SP) Atrium Office Building—East Entrance 1295 Bandana Boulevard N, Suite 245, St. Paul, MN

The continuing education requirements for your first license renewal are as follows: • 1 hour of mandatory agency representation and disclosure • 1 hour of mandatory fair housing issues • Required Module for your second license year. Each year, the Minnesota Commissioner of Commerce designates a course as the “required module” that will either be 3.75 or 7.5 credit hours. This course is required in the second license year.

Bloomington (BL) BLN Office Park 2051 Killebrew Drive, Suite 110, Bloomington, MN

• Elective Continuing Education. The remaining hours of education may consist of “elective” courses that are approved by the Minnesota Commissioner of Commerce. Kaplan offers a variety of topics for you to choose from in our dynamic live classroom locations. Can’t get to a classroom? We have you covered! Our online continuing education courses may be accessed anytime, anywhere you have a connection to the Internet.

Plymouth (PL) MRA Building 9805 45th Avenue North, Plymouth, MN

MRA Trusight Building

To Register Call: 888.523.1020 Or visit www.KapRE.com/MNLIC.

Dates, times, and locations are subject to change. Please visit www.KapRE.com/MNLIC for the most recent information.

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www.KapRE.com/MNLIC

Call 888.523.1020 to Enroll Today!

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NEW! Complete OnDemand video licensing solution only available from Kaplan. NEW! Lower Pricing: Complete OnDemand Licensing Package

only $699 Includes: • Course 1, 2, and 3 delivered

OnDemand Video Features • Access your courses 24/7/365, when it is convenient for you • Pre-recorded instructor-led video course • Start, stop, and pause as often as you like

via OnDemand video instruction • OnDemand video or Live Classroom exam prep • FREE enrollment in our

• You control the class time and length each time you log in

Interactive Study Group with

• Field videos show real-life examples and scenarios

live instructor access

“Kaplan’s OnDemand classes and study groups prepared me 100% for my state real estate exam. I was very confident taking the exam, because I knew the material so well that I was sure of almost all of the questions.” —Ashley J.

888.523.1020 | www.KapRE.com/MNLIC

MRKT-17981