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Illinois vs New Mexico for Agent Licensing

Total Fees
$268
IL
vs
$773
NM
Pre-Licensing
75 hrs
IL
vs
90 hrs
NM
Timeline
12-18 wks
IL
vs
8-14 wks
NM

Side-by-Side Comparison

Category Illinois New Mexico
Total Fees $268 $773
Pre-Licensing Hours 75 hrs 90 hrs
Processing Time 12-18 weeks 8-14 weeks
Renewal Cycle 2 years 3 years
Renewal Fee $200 $270
CE Hours 12 hrs 36 hrs
Reciprocity Partial None

Key Differences

Cost

Illinois is $505 cheaper for total licensing fees.

Winner: Illinois

Education Hours

Illinois requires only 75 pre-licensing hours.

Winner: Illinois

Processing Speed

New Mexico processes applications in 8-14 weeks.

Winner: New Mexico

Category Winners

Lower Cost
Illinois $268
vs New Mexico ($773)
Fewer Hours
Illinois 75 hrs
vs New Mexico (90 hrs)
Faster Processing
New Mexico 8-14 wks
vs Illinois (12-18 wks)

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

New Mexico

New Mexico Real Estate Commission

Official Website →

Compare More States

Compare Illinois Agent License

Compare New Mexico Agent License