Final answer:
The Minnesota broker license allows the license holder to manage a real estate brokerage.
Step-by-step explanation:
The Minnesota broker license allows the license holder to manage a real estate brokerage. This means they have the authority to oversee the operations of a real estate brokerage firm, including hiring and supervising salespeople, setting policies and procedures, and managing financial transactions. With a broker license, individuals have a higher level of responsibility and can take on leadership roles within the real estate industry.