Maryland vs New Mexico for Broker Licensing
Total Fees
$285
MD
vs
$424
NM
Pre-Licensing
60 hrs
MD
vs
90 hrs
NM
Timeline
6-12 wks
MD
vs
8-16 wks
NM
Side-by-Side Comparison
| Category | Maryland | New Mexico |
|---|---|---|
| Total Fees | $285 ✓ | $424 |
| Pre-Licensing Hours | 60 hrs ✓ | 90 hrs |
| Processing Time | 6-12 weeks ✓ | 8-16 weeks |
| Renewal Cycle | 2 years | 3 years |
| Renewal Fee | $150 ✓ | $270 |
| CE Hours | 15 hrs ✓ | 36 hrs |
| Reciprocity | Partial | None |
Key Differences
→
Cost
Maryland is $139 cheaper for total licensing fees.
Winner: Maryland
→
Education Hours
Maryland requires only 60 pre-licensing hours.
Winner: Maryland
→
Processing Speed
Maryland processes applications in 6-12 weeks.
Winner: Maryland
Category Winners
Lower Cost
Maryland $285
vs New Mexico ($424)
Fewer Hours
Maryland 60 hrs
vs New Mexico (90 hrs)
Faster Processing
Maryland 6-12 wks
vs New Mexico (8-16 wks)
Compare More States
Compare Maryland Broker License
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Compare New Mexico Broker License
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