Michigan vs New Mexico for Broker Licensing
Total Fees
$222
MI
vs
$424
NM
Pre-Licensing
40 hrs
MI
vs
90 hrs
NM
Timeline
8-16 wks
MI
vs
8-16 wks
NM
Side-by-Side Comparison
| Category | Michigan | New Mexico |
|---|---|---|
| Total Fees | $222 ✓ | $424 |
| Pre-Licensing Hours | 40 hrs ✓ | 90 hrs |
| Processing Time | 8-16 weeks | 8-16 weeks |
| Renewal Cycle | 3 years | 3 years |
| Renewal Fee | $143 ✓ | $270 |
| CE Hours | 18 hrs ✓ | 36 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
Michigan is $202 cheaper for total licensing fees.
Winner: Michigan
→
Education Hours
Michigan requires only 40 pre-licensing hours.
Winner: Michigan
Category Winners
Lower Cost
Michigan $222
vs New Mexico ($424)
Fewer Hours
Michigan 40 hrs
vs New Mexico (90 hrs)
Faster Processing
Michigan 8-16 wks
vs New Mexico (8-16 wks)
Compare More States
Compare Michigan Broker License
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Compare New Mexico Broker License
NM vs AL NM vs AK NM vs AZ NM vs AR NM vs CA NM vs CO NM vs CT NM vs DE NM vs FL NM vs GA NM vs HI NM vs ID NM vs IL NM vs IN NM vs IA NM vs KS NM vs KY NM vs LA NM vs ME NM vs MD NM vs MA NM vs MN NM vs MS NM vs MO NM vs MT NM vs NE NM vs NV NM vs NH NM vs NJ NM vs NY NM vs NC NM vs ND NM vs OH NM vs OK NM vs OR NM vs PA NM vs RI NM vs SC NM vs SD NM vs TN NM vs TX NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY