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Apply for a Company License


To apply for one of these license types go to www.pulseportal.com and submit an application electronically.

After selecting "Minnesota Department of Commerce" as the program and "Real Estate" as the board, click on "Submit a License Application" and select “Organization” for the entity type. Then select the appropriate license type and follow the necessary steps to apply for your Real Estate Company. After filling out the Real Estate Company application you will be asked to attach an active licensed broker to the Real Estate Company application or you can apply for a new Real Estate Broker license at this time. You may also use the PULSE portal to check the status of your application. You can also use the PULSE portal to make profile changes, print other licenses, and process renewals. Please remember that it is the responsibility of the licensee to maintain license information through the PULSE portal.

General Application Information for a Real Estate Company License

  • The license fee is $180. In addition, the online system vendor also charges processing fees. The term of a company license is two years, expiring on June 30.
  • If you apply as a corporation, you must have at least one elected officer who is individually licensed to act as the primary broker for the corporation.
  • If you apply as a partnership, you must have at least one partner individually licensed to act as the primary broker for the partnership.
  • If you apply as another type of business entity (e.g. LLC), you must have at least one elected manager who is individually licensed to act as the primary broker for the business entity.
  • The individual broker application must be submitted within 30 days of the approval date of the real estate company application. The Department of Commerce may cancel a company license if the company does not have a primary broker associated with it.
  • If you meet the requirements to waive the trust account notice, a completed Trust Account Notice Waiver Certification (.pdf) may be emailed to Licensing staff at licensing.commerce@state.mn.us.
  • Each officer of the corporation who intends to act as a broker must obtain an individual broker license prior to acting in the capacity of a broker.
  • Each manager, governor, member, officer, owner, or partner who intends to act as a broker must obtain an individual broker license prior to acting in the capacity of a broker.
  • If you apply for a Non Resident Real Estate Company License you must submit a Certificate of Authority to Transact Business in Minnesota via email to licensing.commerce@state.mn.us.