A Minnesota real estate salesperson license enables you to act on behalf of a real estate broker to represent sellers and buyers in the selling, purchasing, listing, exchange, leasing, renting, or leasing option on any real property. As a real estate salesperson, you must be supervised by a designated broker and be affiliated with a brokerage. Your license enables you to legally earn a commission or other compensation, or the expectation of a commission or other compensation, for executing these duties.