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Minnesota vs New Mexico for Agent Licensing

Total Fees
$168
MN
vs
$454
NM
Pre-Licensing
90 hrs
MN
vs
90 hrs
NM
Timeline
6-12 wks
MN
vs
8-14 wks
NM

Side-by-Side Comparison

Category Minnesota New Mexico
Total Fees $168 ✓ $454
Pre-Licensing Hours 90 hrs 90 hrs
Processing Time 6-12 weeks ✓ 8-14 weeks
Renewal Cycle 2 years 3 years
Renewal Fee $60 ✓ $270
CE Hours 30 hrs ✓ 36 hrs
Reciprocity Partial None

Key Differences

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Cost

Minnesota is $286 cheaper for total licensing fees.

Winner: Minnesota

→

Processing Speed

Minnesota processes applications in 6-12 weeks.

Winner: Minnesota

Category Winners

Lower Cost
Minnesota $168
vs New Mexico ($454)
Fewer Hours
Minnesota 90 hrs
vs New Mexico (90 hrs)
Faster Processing
Minnesota 6-12 wks
vs New Mexico (8-14 wks)

Minnesota

Minnesota Department of Commerce

Official Website →

New Mexico

New Mexico Real Estate Commission

Official Website →

Compare More States

Compare Minnesota Agent License

Compare New Mexico Agent License