Best Age to Start a Real Estate Career in Minnesota

by | Dec 14, 2025 | Starting a Real Estate Career

If you’re considering a real estate career in Minnesota, age can play a role, but it’s not the only factor. While you need to be at least 18 to get your license, your personal circumstances and goals matter just as much. Whether you’re fresh out of school or bringing decades of life experience, each stage of life offers unique advantages. So, what age could set you up for success in this competitive field?

When you’re considering a career in real estate, it’s important to understand the legal age requirements for licensure.

In Minnesota, you must be at least 18 years old to apply for your real estate license. While you can start your pre-licensing education before turning 18, you’ll need to wait until your birthday to submit your application and undergo age verification. CAPTCHA technology is often used in online applications to ensure that all applicants are human and not automated bots. Additionally, the Minnesota Department of Commerce oversees licensing requirements, which includes background checks and fingerprinting for all applicants, regardless of age.

Remember, there are no exceptions to the minimum age requirement, which guarantees that all licensees are legally responsible for their transactions.

Embrace the experience; gaining knowledge and skills now will set you up for success when you reach that milestone!

Education and Experience Needed

Starting a real estate career requires a solid foundation of education and experience, and you’re in the right place to build that fundamental groundwork. In Minnesota, you’ll need to complete 90 hours of pre-licensing courses, covering important topics like real estate law and ethical practices. Additionally, the total cost for these courses is $837 to ensure you are well-prepared. After this, you’ll take the state salesperson exam, which consists of 120 multiple-choice questions. Once licensed, many brokerages offer mentorship opportunities that provide valuable guidance and hands-on training. While no prior experience is needed, actively seeking out mentorship can enhance your skills in negotiation and client management. This mentorship can be particularly beneficial, as many agencies actively recruit new agents to ensure a supportive learning environment.

Age Demographics in the Real Estate Industry

As the real estate industry evolves, understanding age demographics becomes key for aspiring professionals.

Age trends show a significant presence of older workers, with 28% of Minnesota’s real estate workforce aged 55 and older. This aging workforce signals a unique opportunity for you, especially if you’re in the 25–34 age range, where interest in real estate careers is growing. Additionally, implementing CAPTCHA as a security measure can help ensure that your online interactions remain secure and free from automated threats. Young professionals can bring fresh perspectives to a sector that’s traditionally older, enhancing workforce diversity. Furthermore, with the growing demand for senior housing projected in the coming years, younger agents can tap into emerging market opportunities. With the highest homeownership rates among under-35s, there’s a strong market for younger agents targeting this demographic.

Embracing these age trends not only positions you well within the industry but also allows you to connect with a diverse range of clients.

Advantages and Challenges of Starting at Different Ages

While entering the real estate industry at any age offers unique advantages and challenges, understanding these factors can help you make an informed decision.

If you start between 18-25, you’ll likely enjoy flexibility and energy, which can support career growth and modern networking strategies. However, you might face limited credibility and a smaller network. Additionally, completing an approved pre-licensing education program early on can give you a competitive edge.

Starting at 26-40 can provide established networks and increased trust, but you may struggle with family obligations and time management.

If you’re 41 or older, your life experience can boost your credibility and market knowledge, yet adapting to new technologies and age biases may pose challenges.

Ultimately, recognizing these factors will empower you to navigate your real estate path effectively.

Economic Considerations for New Agents

Maneuvering through the real estate terrain involves more than just understanding the advantages and challenges of your age group; it’s also important to grasp the economic aspects that can greatly impact your career.

As a new agent in Minnesota, you’ll face market fluctuations and varying commission structures that affect your income. With commissions averaging 6.02% to 6.02%, your earnings depend heavily on closing deals, which can take time to build. Additionally, completion of pre-licensing education is required before you can start earning commissions.

Expect initial costs between $1,200 and $5,000 for operating expenses, and remember, most agents earn little in the first few months. Staying resilient through these early stages is key, as those who adapt can thrive in the long term, potentially earning $60,000 or more after a few years.

Frequently Asked Questions

Can I Take Real Estate Courses Before Turning 18?

Yes, you can take real estate education courses before turning 18. While age requirements for licensing apply, completing these courses early gives you a significant head start, preparing you for success once you’re eligible to apply.

What Skills Are Most Valuable for New Real Estate Agents?

The most valuable skills for new real estate agents are strong communication skills and effective negotiation tactics. They help you build trust with clients, navigate complex transactions, and secure favorable deals, ensuring your success in the industry.

How Long Does It Typically Take to Get Licensed?

It typically takes you 3 to 6 months to complete the licensing process. Focus on effective exam preparation and stay committed to your studies, and you’ll be well on your way to becoming a licensed agent!

Are There Networking Opportunities for Young Agents?

Yes, there are plenty of networking opportunities for young agents through mentorship programs and local associations. Engaging in events will help you build connections, gain insights, and foster relationships that can propel your real estate career forward.

What Resources Help New Agents Build a Client Base?

To build your client base, leverage effective marketing strategies like social media, direct outreach, and CRM tools. Focus on client acquisition through consistent engagement, valuable content, and networking to cultivate major relationships and referrals.

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