California vs New Mexico for Broker Licensing
Total Fees
$649
CA
vs
$424
NM
Pre-Licensing
135 hrs
CA
vs
90 hrs
NM
Timeline
12-24 wks
CA
vs
8-16 wks
NM
Side-by-Side Comparison
| Category | California | New Mexico |
|---|---|---|
| Total Fees | $649 | $424 ✓ |
| Pre-Licensing Hours | 135 hrs | 90 hrs ✓ |
| Processing Time | 12-24 weeks | 8-16 weeks ✓ |
| Renewal Cycle | 4 years | 3 years |
| Renewal Fee | $450 | $270 ✓ |
| CE Hours | 45 hrs | 36 hrs ✓ |
| Reciprocity | None | None |
Key Differences
→
Cost
New Mexico is $225 cheaper for total licensing fees.
Winner: New Mexico
→
Education Hours
New Mexico requires only 90 pre-licensing hours.
Winner: New Mexico
→
Processing Speed
New Mexico processes applications in 8-16 weeks.
Winner: New Mexico
Category Winners
Lower Cost
New Mexico $424
vs California ($649)
Fewer Hours
New Mexico 90 hrs
vs California (135 hrs)
Faster Processing
New Mexico 8-16 wks
vs California (12-24 wks)
Compare More States
Compare California Broker License
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Compare New Mexico Broker License
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