Michigan vs New Jersey for Broker Licensing
Total Fees
$222
MI
vs
$374
NJ
Pre-Licensing
40 hrs
MI
vs
75 hrs
NJ
Timeline
8-16 wks
MI
vs
12-24 wks
NJ
Side-by-Side Comparison
| Category | Michigan | New Jersey |
|---|---|---|
| Total Fees | $222 ✓ | $374 |
| Pre-Licensing Hours | 40 hrs ✓ | 75 hrs |
| Processing Time | 8-16 weeks ✓ | 12-24 weeks |
| Renewal Cycle | 3 years | 2 years |
| Renewal Fee | $143 ✓ | $200 |
| CE Hours | 18 hrs | 12 hrs ✓ |
| Reciprocity | None | Partial |
Key Differences
→
Cost
Michigan is $152 cheaper for total licensing fees.
Winner: Michigan
→
Education Hours
Michigan requires only 40 pre-licensing hours.
Winner: Michigan
→
Processing Speed
Michigan processes applications in 8-16 weeks.
Winner: Michigan
Category Winners
Lower Cost
Michigan $222
vs New Jersey ($374)
Fewer Hours
Michigan 40 hrs
vs New Jersey (75 hrs)
Faster Processing
Michigan 8-16 wks
vs New Jersey (12-24 wks)
Compare More States
Compare Michigan Broker License
MI vs AL MI vs AK MI vs AZ MI vs AR MI vs CA MI vs CO MI vs CT MI vs DE MI vs FL MI vs GA MI vs HI MI vs ID MI vs IL MI vs IN MI vs IA MI vs KS MI vs KY MI vs LA MI vs ME MI vs MD MI vs MA MI vs MN MI vs MS MI vs MO MI vs MT MI vs NE MI vs NV MI vs NH MI vs NM MI vs NY MI vs NC MI vs ND MI vs OH MI vs OK MI vs OR MI vs PA MI vs RI MI vs SC MI vs SD MI vs TN MI vs TX MI vs UT MI vs VT MI vs VA MI vs WA MI vs WV MI vs WI MI vs WY
Compare New Jersey Broker License
NJ vs AL NJ vs AK NJ vs AZ NJ vs AR NJ vs CA NJ vs CO NJ vs CT NJ vs DE NJ vs FL NJ vs GA NJ vs HI NJ vs ID NJ vs IL NJ vs IN NJ vs IA NJ vs KS NJ vs KY NJ vs LA NJ vs ME NJ vs MD NJ vs MA NJ vs MN NJ vs MS NJ vs MO NJ vs MT NJ vs NE NJ vs NV NJ vs NH NJ vs NM NJ vs NY NJ vs NC NJ vs ND NJ vs OH NJ vs OK NJ vs OR NJ vs PA NJ vs RI NJ vs SC NJ vs SD NJ vs TN NJ vs TX NJ vs UT NJ vs VT NJ vs VA NJ vs WA NJ vs WV NJ vs WI NJ vs WY