How to transfer your Minnesota real estate license to a new brokerage
In Minnesota your new broker files the transfer in PULSE and pays $20. You must finish any outstanding continuing education first, or it cannot be submitted.
Your old broker's part: must notify the Commissioner within 10 days. Process checked against the Minnesota Department of Commerce's own forms and portal on September 19, 2026. Boards change forms, so confirm there before you file.
How the Minnesota transfer works
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Finish outstanding CE first. Minnesota will not let your new broker submit the transfer while CE is outstanding. The CE year ends June 30.
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Tell your current broker you are leaving. They have 10 days to notify the Commissioner, and your license stops being effective on termination.
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Send your new broker your license number. They file Transfer/Add Employee at pulseportal.com.
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You are transferred once the $20 is paid. It happens automatically.
Where Minnesota transfers get stuck
CE is the real hold-up
The paperwork is quick. Outstanding CE is what delays Minnesota moves.
What to sort out before you switch
The state filing is the easy part. These are the things that cost agents money when they skip them.
Read your contract with your broker
Your independent contractor agreement sets your notice period, any fees you owe on the way out, and how deals that close after you leave get paid.
Listings stay with the brokerage
A listing agreement is a contract between the seller and the brokerage, not you. You can only take a listing with your old broker's written release and your seller's agreement.
Pending deals
Deals under contract usually close with your old brokerage, and your agreement decides how you are paid on them. Get it in writing before your last day.
MLS and association
Move your MLS and REALTOR® association membership to your new office so your access does not lapse.
Update every ad the same day
Signs, your website, social media and business cards must show your new brokerage once you move. State ad rules require the brokerage name.
CE and E&O
Several states will not complete a transfer while your continuing education is overdue or your errors and omissions cover has lapsed. Check both first.
What changes if you move to AXEN
No commission split. You keep 100% and pay a flat fee per closing instead.
AXEN charges a flat fee per closing ($500 on the Pro plan; less on smaller deals) that caps at $6,000 a year, or $12,000 on the Elite plan, plus a $295 per-file admin fee and a $50 a month platform fee. There is no commission split.
Revenue share and equity depend on plan and participation. Earnings examples are illustrations, not guarantees; your income depends on your own sales.
Compare the math on AXEN vs eXp vs Real fees, or look inside the AXEN portal for free. Our Minnesota broker handles the new-broker side of this for agents joining AXEN. See the Minnesota guide.
Minnesota license transfer questions
How long does it take to transfer a Minnesota real estate license?
You can start working with your new brokerage automatically once the fee is paid. How fast that comes depends mostly on how quickly both brokers act.
How much does it cost to transfer a Minnesota real estate license?
$20, paid when your new broker files it.
Does my old broker have to do anything in Minnesota?
Yes. Your old broker must notify the Commissioner within 10 days.
What happens to my listings when I change brokerages?
Listings belong to the brokerage, not the agent. You can only take one with your old broker's written release and the seller's agreement.
Who files a Minnesota license transfer?
Your new broker, in PULSE, with a $20 fee.
Can I transfer my license to AXEN?
Yes. AXEN is licensed in Minnesota, and our Minnesota broker handles the new-broker side of the transfer. Start at axenrealty.com/join.