Real estate licenses are issued by the State of North Dakota.
Those wishing to sell Real Estate in ND must submit to a thorough background check that includes fingerprints and an extensive credit check. (the objective here is that if you can not handle your own finances you should not be handling others, especially on the biggest purchase of their lives)
Examples of those who may be denied: Recent bankruptcies, those with a lean against them for not paying rent or automotive payments, leans for credit card debt, medical debt, and more.
Anyone who would like to have a license MUST complete a course that is approved by the State of North Dakota. These courses range from 30 to 90 hours depending upon the State approved course/school.
Upon completion of the school's course exam the potential licensee must pass the State exam as well as a National exam.
Those who have successfully passed the exams can expect the following (approximate) cash expenditures:
Pre-licensing, fees to the ND Real estate Commission $120.00
Real Estate course $410.00 To $750.00
Errors and Omissions Insurance approximately $400.00
Minot MLS fees $704.00
Total cost just to get out of the gate (bear essentials) approximately $2,000.00