Arizona vs New Mexico for Broker Licensing
Total Fees
$317
AZ
vs
$424
NM
Pre-Licensing
90 hrs
AZ
vs
90 hrs
NM
Timeline
12-20 wks
AZ
vs
8-16 wks
NM
Side-by-Side Comparison
| Category | Arizona | New Mexico |
|---|---|---|
| Total Fees | $317 ✓ | $424 |
| Pre-Licensing Hours | 90 hrs | 90 hrs |
| Processing Time | 12-20 weeks | 8-16 weeks ✓ |
| Renewal Cycle | 2 years | 3 years |
| Renewal Fee | $125 ✓ | $270 |
| CE Hours | 30 hrs ✓ | 36 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
Arizona is $107 cheaper for total licensing fees.
Winner: Arizona
→
Processing Speed
New Mexico processes applications in 8-16 weeks.
Winner: New Mexico
Category Winners
Lower Cost
Arizona $317
vs New Mexico ($424)
Fewer Hours
Arizona 90 hrs
vs New Mexico (90 hrs)
Faster Processing
New Mexico 8-16 wks
vs Arizona (12-20 wks)
Compare More States
Compare Arizona Broker License
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Compare New Mexico Broker License
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