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Iowa vs Michigan for Broker Licensing

Total Fees
$490
IA
vs
$222
MI
Pre-Licensing
60 hrs
IA
vs
40 hrs
MI
Timeline
8-16 wks
IA
vs
8-16 wks
MI

Side-by-Side Comparison

Category Iowa Michigan
Total Fees $490 $222
Pre-Licensing Hours 60 hrs 40 hrs
Processing Time 8-16 weeks 8-16 weeks
Renewal Cycle 3 years 3 years
Renewal Fee $170 $143
CE Hours 36 hrs 18 hrs
Reciprocity Partial None

Key Differences

Cost

Michigan is $268 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 Iowa ($490)
Fewer Hours
Michigan 40 hrs
vs Iowa (60 hrs)
Faster Processing
Iowa 8-16 wks
vs Michigan (8-16 wks)

Michigan

Michigan Department of Licensing and Regulatory Affairs

Official Website →

Compare More States

Compare Iowa Broker License

Compare Michigan Broker License