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Michigan vs New Jersey for Broker Licensing

Total Fees
$222
MI
vs
$406.05
NJ
Pre-Licensing
90 hrs
MI
vs
150 hrs
NJ
Timeline
8-16 wks
MI
vs
12-24 wks
NJ

Side-by-Side Comparison

Category Michigan New Jersey
Total Fees $222 ✓ $406.05
Pre-Licensing Hours 90 hrs ✓ 150 hrs
Processing Time 8-16 weeks ✓ 12-24 weeks
Renewal Cycle 3 years 2 years
Renewal Fee $108 ✓ $200
CE Hours 18 hrs 12 hrs ✓
Reciprocity None None

Key Differences

→

Cost

Michigan is $184.05 cheaper for total licensing fees.

Winner: Michigan

→

Education Hours

Michigan requires only 90 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 ($406.05)
Fewer Hours
Michigan 90 hrs
vs New Jersey (150 hrs)
Faster Processing
Michigan 8-16 wks
vs New Jersey (12-24 wks)

Michigan

Michigan Department of Licensing and Regulatory Affairs

Official Website →

New Jersey

New Jersey Real Estate Commission

Official Website →

Compare More States

Compare Michigan Broker License

Compare New Jersey Broker License