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Michigan vs New Mexico for Agent Licensing

Total Fees
$167
MI
vs
$454
NM
Pre-Licensing
40 hrs
MI
vs
90 hrs
NM
Timeline
4-10 wks
MI
vs
8-14 wks
NM

Side-by-Side Comparison

Category Michigan New Mexico
Total Fees $167 ✓ $454
Pre-Licensing Hours 40 hrs ✓ 90 hrs
Processing Time 4-10 weeks ✓ 8-14 weeks
Renewal Cycle 3 years 3 years
Renewal Fee $78 ✓ $270
CE Hours 18 hrs ✓ 36 hrs
Reciprocity None None

Key Differences

→

Cost

Michigan is $287 cheaper for total licensing fees.

Winner: Michigan

→

Education Hours

Michigan requires only 40 pre-licensing hours.

Winner: Michigan

→

Processing Speed

Michigan processes applications in 4-10 weeks.

Winner: Michigan

Category Winners

Lower Cost
Michigan $167
vs New Mexico ($454)
Fewer Hours
Michigan 40 hrs
vs New Mexico (90 hrs)
Faster Processing
Michigan 4-10 wks
vs New Mexico (8-14 wks)

Michigan

Michigan Department of Licensing and Regulatory Affairs

Official Website →

New Mexico

New Mexico Real Estate Commission

Official Website →

Compare More States

Compare Michigan Agent License

Compare New Mexico Agent License