Illinois vs Michigan for Broker Licensing

Total Fees

$268

$222

Pre-Licensing

75 hrs

40 hrs

Timeline

8-16 wks

Side-by-Side Comparison

Category	Illinois	Michigan
Total Fees	$268	$222 ✓
Pre-Licensing Hours	75 hrs	40 hrs ✓
Processing Time	8-16 weeks	8-16 weeks
Renewal Cycle	2 years	3 years
Renewal Fee	$150	$143 ✓
CE Hours	12 hrs ✓	18 hrs
Reciprocity	Partial	None

Key Differences

→

Cost

Michigan is $46 cheaper for total licensing fees.

Winner: Michigan

→

Education Hours

Michigan requires only 40 pre-licensing hours.

Winner: Michigan

Category Winners

Lower Cost

Michigan $222

vs Illinois ($268)

Fewer Hours

Michigan 40 hrs

vs Illinois (75 hrs)

Faster Processing

Illinois 8-16 wks

vs Michigan (8-16 wks)

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

Full Illinois Broker requirements →

Michigan

Michigan Department of Licensing and Regulatory Affairs

Official Website →

Full Michigan Broker requirements →

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