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Michigan vs Minnesota for Broker Licensing

Total Fees
$222
MI
vs
$258
MN
Pre-Licensing
40 hrs
MI
vs
90 hrs
MN
Timeline
8-16 wks
MI
vs
6-12 wks
MN

Side-by-Side Comparison

Category Michigan Minnesota
Total Fees $222 $258
Pre-Licensing Hours 40 hrs 90 hrs
Processing Time 8-16 weeks 6-12 weeks
Renewal Cycle 3 years 2 years
Renewal Fee $143 N/A
CE Hours 18 hrs 30 hrs
Reciprocity None None

Key Differences

Cost

Michigan is $36 cheaper for total licensing fees.

Winner: Michigan

Education Hours

Michigan requires only 40 pre-licensing hours.

Winner: Michigan

Processing Speed

Minnesota processes applications in 6-12 weeks.

Winner: Minnesota

Category Winners

Lower Cost
Michigan $222
vs Minnesota ($258)
Fewer Hours
Michigan 40 hrs
vs Minnesota (90 hrs)
Faster Processing
Minnesota 6-12 wks
vs Michigan (8-16 wks)

Michigan

Michigan Department of Licensing and Regulatory Affairs

Official Website →

Minnesota

Minnesota Department of Commerce

Official Website →

Compare More States

Compare Michigan Broker License

Compare Minnesota Broker License