Property Management requirements in Minnesota

Must Minnesota property management companies have a real estate broker's license?

Yes, if a property manager is going to lease, rent, list, procure prospects or negotiate, assist, or offer to perform any of those acts, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

Must Minnesota community association managers have a real estate broker's license?

YES. It is our understanding that unless the manager is employed by the association and only works for one association, a real estate license is required.

Minnesota Real Estate Broker Requirements:

  • be employed or affiliated with a licensed real estate broker in performing real estate activities for at least one year, for a minimum of 25 hours per week under such broker's supervision.

  • proof of successful completion of education requirement

  • comply with all application procedures

  • pass the broker licensing examination

  • provide proof of mandatory surety bond

Property Management Requirements Main Page

IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.

 

Property Managers in Minnesota:

 

Featured Property Management Companies in Minnesota

Renters Warehouse
#1 Tenant Placement company. Home of the Tenant Warranty. No fees upfront! Flat Fee management services!
More Info...

Sharper Management
Our passion for this business is in the relationships we build, the solutions we provide, and the value we bring.
More Info...

Home Rental Systems
We are your local specialists for smooth going tenancies that are managed for optimum performance.
More Info...

Real Property Management Minneapolis St. Paul
Your professional & cost effective property management solution.
More Info...

R.E.I. Property Management, LLC
We will care for your property as our own, giving you peace of mind and freedom to pursue other business.
More Info...

Homes For Now
Complete No Worries Property Management service for your property
More Info...

G4 Investments
We will maximize your income, reduce your expenses, and implement our property management systems to run your building more efficiently.
More Info...

Garnet Real Estate Services
We serve a growing need for a professional property management company that specializes in both commercial and residential.
More Info...

Vejzovic Schroder Management
Our clients save an average of $1260 a year in management fees over our competitors!
More Info...

Property Vision, Inc.
Welcome to Property Vision, Inc. Property Management.
More Info...

Cities Rentals
Finally... A Place For It All, With Tenants and Property Owners in Mind!
More Info...

ASK Property Management
ASK Property Management is a full service management company with a professional office team trained in customer service and property management.
More Info...

Community Development, Inc. (CDI)
Developing Communities of Excellence
More Info...

CPM Property Group, LLC
We specialize in property management services. Serving the Minneapolis/St. Paul metropolitan area.
More Info...

Downtown Resource Group
DRG is THE expert in the urban Minneapolis condo and loft market. We can take care of it all, or just enough.
More Info...

Gassen Companies
Gassen has been providing residential management services since 1969.
More Info...

Gaughan Companies
We provide professional expertise in community association property management.
More Info...

Genesis Property Management
At Genesis Property Management we don't Manage Properties...We develop relationships.
More Info...

Latigo Leasing and Sales Inc
Takes the HASSLE out of owning properties.
More Info...

Marketplace Management, Inc.
Committed to developing a responsive relationship and extending prompt and courteous service.
More Info...

Nexus Real Estate Services
By using Nexus Real Estate Services you not only get our great service, but years of relationships with all aspect of the business.
More Info...

Pinnacle
Entrepreneurial Spirit. Creative Vision.
More Info...

Real Estate Equities Management
At Real Estate Equities, our goal is to serve our residents, partners and investors by providing housing for quality living.
More Info...

Renter Connect
We have the lowest, flat fee management, no hidden fees. We promise the best in service and value.
More Info...

ReUrban Real Estate
We offer a customized marketing experience specifically tailored to the needs and budget of each individual client and property.
More Info...

ShipRock Management
Rest assured that when we manage your property - your investment - we do so in a professional manner.
More Info...

Westport Property Management
"Creating Partnerships for Developing & Managing Sustainable Communities"
More Info...