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Iowa vs New Mexico for Broker Licensing

Total Fees
$490
IA
vs
$424
NM
Pre-Licensing
60 hrs
IA
vs
90 hrs
NM
Timeline
8-16 wks
IA
vs
8-16 wks
NM

Side-by-Side Comparison

Category Iowa New Mexico
Total Fees $490 $424
Pre-Licensing Hours 60 hrs 90 hrs
Processing Time 8-16 weeks 8-16 weeks
Renewal Cycle 3 years 3 years
Renewal Fee $170 $270
CE Hours 36 hrs 36 hrs
Reciprocity Partial None

Key Differences

Cost

New Mexico is $66 cheaper for total licensing fees.

Winner: New Mexico

Education Hours

Iowa requires only 60 pre-licensing hours.

Winner: Iowa

Category Winners

Lower Cost
New Mexico $424
vs Iowa ($490)
Fewer Hours
Iowa 60 hrs
vs New Mexico (90 hrs)
Faster Processing
Iowa 8-16 wks
vs New Mexico (8-16 wks)

New Mexico

New Mexico Real Estate Commission

Official Website →

Compare More States

Compare Iowa Broker License

Compare New Mexico Broker License