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Minnesota
Real Estate Licensing Planner
October 2014–March 2015 SAVE with our licensing packages. Only $799 for a complete package, including exam prep!
Course 1 and Exam Prep are www.KapRE.com/MNLIC now available through video OnDemand instruction.1
Licensing Education Your Door to Opportunity
Two Ways to Complete Your Education
Real estate is one of the most solid investments
No two students’ schedules are exactly alike. That’s why Kaplan offers you 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.
anyone can make…and Kaplan is the best investment you can make in your real estate career. If you want a career that offers independence, flexibility, and nearly unlimited income potential, real estate could be the right career path for you. It gives you the opportunity to socialize and to help people, as well as the satisfaction of finding the perfect new home for your clients. It’s a lot like the satisfaction we get from helping you succeed.
The Nation’s Largest Provider of Real Estate Education With schools founded as early as 1945, Kaplan Real Estate Education is the largest provider of classroom real estate education in the country. We understand the Minnesota state requirements, and our representatives will work with you to navigate
Live Classroom If you work best with set class times and enjoy lively discussions with instructors and classmates, this option is for you. Learn from state-certified instructors at one of our Kaplan Learning Centers: St. Paul (SP)
Bloomington (BL)
Plymouth (PL)
Bandana Square, Atrium Office Building 1295 Bandana Boulevard, Suite 245 St. Paul, MN
BLN Office Park 2051 Killebrew Drive, Suite 110 Bloomington, MN
MRA Building 9805 45th Avenue North Plymouth, MN
OnDemand With a few clicks of the mouse, Kaplan’s innovative OnDemand virtual classroom helps you complete your required education on your terms: • Convenient online learning anytime, anywhere you have access to the Internet. • Experience interactive learning with our real estate experts in our state-of-the-art studio. • Get instructor help whenever you need it through regular emails and personal phone calls.
the sometimes complex process, recommending courses that will help you excel.
The Requirements
Whether you’re taking courses for real estate
The state of Minnesota requires:
salespersons, brokers, appraisers, home
• 90 hours of licensing education • Passing score on the License Exam • License application to the Department of Commerce
inspectors or contractors, you can be assured of the same quality, service, and convenience throughout your career.
Three 30-Hour Courses
“Kaplan gave me the most comprehensive, easy to understand real estate training for the best value. They have course packages to fit any schedule and learning style with great customer support.” —Jeremy K.
Three courses fulfill the licensing requirements. Course 1 covers basic real estate principles and must be completed before taking the license exam. To enhance your chances of passing the exam on your first try, we recommend the optional Minnesota Real Estate Exam Prep course. Next, take Course 2 and Course 3 covering Minnesota real estate practices.
Minnesota License Exam To view all testing locations, visit www.psiexams.com. Preregistration and advance 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.
Past Licensing Student
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Call 888.523.1020 to Enroll Today!
www.KapRE.com/MNLIC
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Your Step-by-Step Guide to Obtaining a Minnesota Real Estate License 1. Register for Course 1. You must complete Course 1 before
3. Attend the Minnesota Real Estate Exam Prep (optional). Allow sufficient time before the exam
taking the exam. Save by purchasing all of your courses in one convenient package.
for this highly recommended exam prep course. or
Minnesota Salesperson Complete Prelicense Classroom Package $799
$99
To view all testing locations, visit www.psiexams.com. Preregistration and advance payment are required. The name of the exam to register for is
• Two forms of valid, current signature identification, one of which must be photo-bearing (preferably a driver’s license) • Original Course 1 Completion • Simple calculator (non-programmable)
is 244. There are two ways to register: Online Registration:
Candidates may cancel or reschedule
To register online, go to www.psiexams.
up to two days before the testing date
com and pay with your Visa® or
without penalty.
MasterCard®.
5. Attend Course 2 and Course 3.
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
Minnesota 30-Hour Minnesota 30-Hour Minnesota Minnesota Salesperson Salesperson Salesperson Salesperson Course I with Exam Course I with Exam Prelicense Course 2 Complete Prelicense Prep Classroom Prep OnDemand and Course 3 Classroom Package Package Package Classroom Package
$799
Save $77
new career by attending these courses immediately after taking
$479
Save $39
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 Accounts Interactive Study Group
Included
the licensing exam.
6. Apply for your license.
10:00 am–4:00 pm. Pay with Visa® or
Your employing broker will help you
Course Delivery Formats Live Classroom
complete and submit your license application.
Interactive Study Group
(Included in packages containing Course 1)
(Included with OnDemand Package)
or
OnDemand
See pages 8-9 for Live Classroom Schedules
Highly Recommended Exam Preparation Minnesota Real Estate Exam Prep
$329
Save $29
Keep moving forward toward your
6:30 am–7:00 pm and Saturday MasterCard®.
$329
Save $29
Certificate from Kaplan
the Real Estate Salesperson–State and General Combo. Note: the school code
Bundle and Save with our Package Pricing!
4. Take the exam. Come to the exam site with:
2. Preregister for your License Exam.
Minnesota Salesperson Licensing Packages
$99
This Minnesota Real Estate Exam Prep course is designed to make sure 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 ensure your success.
Your success on the licensing exam depends on your full understanding of the topics and concepts. That’s why Kaplan Real Estate Education has developed an Interactive Study Group for our distance learning students! Interactive Study Groups cover national content in live webinars designed to make distance learners part of the class through full access to our real estate industry experts. Join our expert
This optional course begins and ends with diagnostic tests that will measure your strengths and
faculty and other students for a lively discussion of topics. Prepare any questions you may have
weaknesses by subject area and give you a reliable prediction of your performance on the PSI™
and bring them to the study groups; the goal is to reinforce key concepts covered in your courses
State Exam. Most importantly, the course includes a comprehensive review of the most heavily
and provide the opportunity for you to interact with Kaplan’s faculty and learn from other students.
tested content. This course should be taken as soon as possible after completing Course 1.
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Call 888.523.1020 to Enroll Today!
www.KapRE.com/MNLIC
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Minnesota Broker Licensing Course
Minnesota Salesperson Licensing Courses Minnesota 30-Hour Salesperson Prelicense Course 1 or
30 Credit Hours | $259
Minnesota 30-Hour Salesperson Prelicense Course 2 30 Credit Hours | $259
This course begins with an introduction to your
three courses you need to successfully complete
career in real estate and quickly moves into
the 90-hour education requirement on your way
the transaction. You will learn how to evaluate
to getting a Minnesota real estate salesperson
a seller’s property, complete a listing contract,
license.
complete a buyer representation agreement,
property law, ownership, and brokerage. You will also learn about the rights and interests you can receive in real property, how they are properly recorded, and how the government can and
with
or
exam prep | 30 Credit Hours | $295
Get all the support you need to succeed on the broker licensing exam in Minnesota
This exam-focused 30-hour course is the first of
This course will teach you the principles of real
Broker Principles of Minnesota Real Estate with Exam Prep Package
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.
financially qualify your buyer, and write your first
This package includes the 30-hour Minnesota Broker Principles live classroom course along with
residential purchase agreement. Instructed by
Kaplan’s premium online video OnDemand or Live Classroom Exam Prep course. You get the
industry experts, you will leave this course with
industry’s best instructors, course materials, and classroom setting to satisfy your education
a solid foundation in the practical application of
requirement. You also receive Kaplan’s finest Exam Prep course to sharpen you for exam day. This
today’s typical real estate contracts.
package fulfills all the educational requirements for your broker license and prepares you to pass the license exam on your first attempt!
does withhold certain rights. From financing,
The current edition of Practices of Minnesota
appraisal, and property management to federal
Real Estate is included in your tuition.
Includes:
Prerequisite: Course 1
Broker Principles of Minnesota Real Estate Classroom Course 30-Credit Hours (Live Classroom)
Minnesota 30-Hour Salesperson Prelicense Course 3
you important information about how to be a good broker. We take an in-depth look at all of the
fair housing laws, settlement math, and closing the transaction, you will cover it all! Live Classroom students should come prepared to learn by obtaining the three required textbooks before class. Your textbooks are included in your live classroom tuition and will be sent to you when you register and pay your tuition.
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
through the Internet. The state of Minnesota
completed in order for the property to close.
requires a proctored online certification exam
You will also learn the specifics required
information and to schedule a proctored exam appointment, contact Kaplan’s Customer Service department at 888.523.1020.
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
30 Credit Hours | $259
OnDemand education is delivered entirely
when you complete the course. For more
This course is designed to teach the information you need to pass the broker’s exam and also give
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
requires you to complete the Broker Principles course within 12 months prior to licensure. Each applicant must have a minimum of three years experience.
Exam Prep (Live or OnDemand) 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.
View the Broker Class Schedule. (page 10)
comprehensively explored to help lay a solid foundation for your career. In addition, our
View the Salesperson Class Schedule. (pages 8-9)
Remember to register for Minnesota Real Estate Exam Prep. See page 4 for details.
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industry experts help you create a working business plan to successfully launch your real estate career. Textbook: Please bring your copy of Practices of Minnesota Real Estate to class with you. Prerequisite: Course 1 and Course 2
Live Classroom
Call 888.523.1020 to Enroll Today!
OnDemand
www.KapRE.com/MNLIC
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Minnesota Salesperson Licensing Live Classroom Schedule Location Plymouth Bloomington Plymouth St. Paul Bloomington St. Paul Bloomington St. Paul Plymouth St. Paul Bloomington
Exam Prep
Course 2
Course 3
Sep 22, 23, 24, 25, 26
Sep 29, 30
Oct 6, 7, 8, 9
Oct 13, 14, 15, 16
Oct 6, 7, 8, 9, 10
Oct 13, 14
Oct 20, 21, 22, 23
Oct 27, 28, 29, 30
Course 1
Oct 20, 21, 22, 23, 24
Oct 27, 28
Nov 3, 4, 5, 6
Nov 10, 11, 12, 13
Daytime: 9:00 am–4:00 pm
Nov 3, 4, 5, 6, 7
Nov 10, 11
Nov 17, 18, 19, 20
Dec 1, 2, 3, 4
Evening: 6:30 pm–9:30 pm
Nov 17, 18, 19, 20, 21
Nov 24, 25
Dec 1, 2, 3, 4
Dec 8, 9, 10, 11
Weekend: 8:30 am–5:00 pm
Dec 1, 2, 3, 4, 5
Dec 8, 9
Dec 15, 16, 17, 18
Dec 22, 23, 29, 30
Dec 15, 16, 17, 18, 19
Dec 22, 23
Jan 5, 6, 7, 8
Jan 12, 13, 14, 15
Exam Prep
Jan 5, 6, 7, 8, 9
Jan 12, 13
Jan 20, 21, 22, 23
Jan 26, 27, 28, 29
Daytime: 8:30 am–5:00 pm
Jan 12, 13, 14, 15, 16
Jan 20, 21
Jan 26, 27, 28, 29
Feb 2, 3, 4, 5
Evening: 6:15 pm–10:00 pm
Feb 2, 3, 4, 5, 6
Feb 9, 10
Feb 16, 17, 18, 19
Feb 23, 24, 25, 26
Weekend: 8:30 am–5:00 pm
Feb 16, 17, 18, 19, 20
Feb 23, 24
Mar 2, 3, 4, 5
Mar 9, 10, 11, 12
Course 2
Evening Bloomington St. Paul
Oct 6–10, 13–17
Oct 20, 21, 22, 23
Oct 27–30, Nov 3–6
Nov 10–13, 17–20
Daytime: 8:30 am–5:00 pm
Feb 23–27, Mar 2–6
Mar 9, 10, 11, 12
Mar 16–19, 23–26
Mar 30–Apr 2, Apr 6–9
Evening: 6:15 pm–10:00 pm Weekend: 8:30 am–5:00 pm
Weekend Bloomington
Sep 27–28, Oct 4–5
Oct 11, 12
Oct 18–19, 25–26
Nov 1–2, 8–9
Oct 11–12, 18-19
Oct 25, 26
Nov 1–2, 8–9
Nov 15–16, 22–23
Course 3
Nov 15–16, 22–23
Dec 6, 7
Dec 13–14, 20–21
Jan 3–4, 10–11
Daytime: 8:30 am–5:00 pm
Jan 3–4, 10–11
Jan 17, 18
Jan 24–25, 31–Feb 1
Feb 7–8, 14–15
Evening: 6:15 pm–10:00 pm
Bloomington
Jan 24–25, 31–Feb 1
Feb 7, 8
Feb 14–15, 21–22
Feb 28–Mar 1, Mar 7–8
Weekend: 8:30 am–5:00 pm
St. Paul
Feb 21–22, 28–Mar 1
Mar 7, 8
Mar 14–15, 21–22
Mar 28–29, Apr 11–12
St. Paul Bloomington St. Paul
Dates, times, and locations are subject to change. Please visit www.KapRE.com/MNLIC for the most recent information.
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Class Times
Course 1
Call 888.523.1020 to Enroll Today!
Register online at www.KapRE.com/MNLIC or call 888.523.1020. www.KapRE.com/MNLIC
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Minnesota Broker Licensing Live Classroom Schedule Date
Continuing Education
Classroom Locations Classroom Locations
Day
Time
Location
October 25–26, November 1–2
Weekend
8:30 am–5:00 pm
Bloomington
November 17–20
Weekday
8:30 am–5:00 pm
St. Paul
The Minnesota Department of Commerce
December 15–18
Weekday
8:30 am–5:00 pm
Plymouth
hours of state-approved education during
Your Continuing Education Requirements After Licensure requires all new licensees to complete 30
Our inviting classrooms and approachable instructors make learning fun and easy. You’ll also enjoy convenient parking, complimentary coffee, and local phone service.
their initial licensing period. The licensee’s January 20–23
Weekday
8:30 am–5:00 pm
St. Paul
February 9–12
Weekday
8:30 am–5:00 pm
Bloomington
Dates, times, and locations are subject to change. Please visit www.KapRE.com/MNLIC for the most recent information.
initial licensing period will expire on the second June 30 after issuance. The first license year will be less than 12 months,
St. Paul (SP) Bandana Square, Atrium Office Building 1295 Bandana Boulevard, Suite 245, St. Paul, MN
followed by the second license year that will run from July 1 to June 30. The continuing education requirements for
Register online at www.KapRE.com/MNLIC or call 888.523.1020.
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.
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Call 888.523.1020 to Enroll Today!
www.KapRE.com/MNLIC
11
“I chose Kaplan for my real estate training because every broker/agent I spoke to recommended Kaplan as the best training program available. After completing the course requirements, I have to agree with their opinion and will recommend Kaplan to anyone that inquires.” —Jeremy K.
Past Licensing Student
SAVE with our new licensing packages. See page 5 for details.
888.523.1020 | www.KapRE.com/MNLIC MRKT-15930
1295 Bandana Blvd., Suite 245 St. Paul, MN 55108
What does it take to get licensed in Minnesota? Find out here: