EstatePass
State Comparison

Minnesota vs New York

Compare real estate exam requirements, costs, and career potential between Minnesota and New York

MN Salary
$53K
NY Salary
$72K
MN Pass Rate
56%
NY Pass Rate
63%

MN vs NY At a Glance

CategoryMinnesota (MN)New York (NY)
Exam Questions130β€”
Passing Score75%β€”
Exam Fee$68β€”
Pass Rate56%63%
Avg Salary$53,000$72,000
Renewal Periodβ€”Every 2 years
CE Hoursβ€”22.5 hours

Detailed Comparison

Exam Format
MN
NY
Salesperson Questions
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Time Limit
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Passing Score
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Costs & Fees
MN
NY
Exam Fee
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Career Potential
MN
NY
Average Salary
$53,000
$72,000
Pass Rate
56%
63%
License Renewal
MN
NY
Renewal Period
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CE Hours Required
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Licensing Authorities

MN
Minnesota Department of Commerce
MDC
NY
New York Department of State
DOS

Frequently Asked Questions

Which is easier: Minnesota or New York real estate exam?

Exam formats are set by MDC and DOS; see each candidate handbook for the current number of questions and passing score. New York typically has a higher first-attempt pass rate.

Can I transfer my real estate license from Minnesota to New York?

License reciprocity varies. Some states offer partial reciprocity where you may only need to take the state-specific portion of the exam. Check with both the MDC and DOS for current reciprocity agreements.

Which state pays more for real estate agents: Minnesota or New York?

Minnesota real estate agents earn an average of $53,000 annually, while New York agents average $72,000. However, consider cost of living and market conditions in your decision.

How much does it cost to get a real estate license in Minnesota vs New York?

Exam fees are set by MDC and DOS. Total licensing costs including pre-license education, application fees, and background checks typically range from $400-$1,000 in both states.

What are the CE requirements for Minnesota vs New York?

Renewal cycles and CE hours are set by MDC and DOS. Both states require completion of CE before license renewal.

Can I hold a real estate license in both Minnesota and New York?

Yes, you can hold licenses in multiple states. You would need to meet each state's individual requirements, including education, exams, and fees. Some agents who work in border areas maintain licenses in both states to serve more clients.

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