Illinois vs New York for Broker Licensing

Total Fees

$268

$170

Pre-Licensing

75 hrs

77 hrs

Timeline

8-16 wks

Side-by-Side Comparison

Category	Illinois	New York
Total Fees	$268	$170 ✓
Pre-Licensing Hours	75 hrs ✓	77 hrs
Processing Time	8-16 weeks	8-16 weeks
Renewal Cycle	2 years	2 years
Renewal Fee	$150 ✓	$185
CE Hours	12 hrs ✓	22.5 hrs
Reciprocity	Partial	Partial

Key Differences

→

Cost

New York is $98 cheaper for total licensing fees.

Winner: New York

→

Education Hours

Illinois requires only 75 pre-licensing hours.

Winner: Illinois

Category Winners

Lower Cost

New York $170

vs Illinois ($268)

Fewer Hours

Illinois 75 hrs

vs New York (77 hrs)

Faster Processing

Illinois 8-16 wks

vs New York (8-16 wks)

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

Full Illinois Broker requirements →

New York

New York Department of State

Official Website →

Full New York Broker requirements →

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