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Michigan vs New Mexico for Broker Licensing

Total Fees
$222
MI
vs
$454
NM
Pre-Licensing
90 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 ✓ $454
Pre-Licensing Hours 90 hrs 90 hrs
Processing Time 8-16 weeks 8-16 weeks
Renewal Cycle 3 years 3 years
Renewal Fee $108 ✓ $270
CE Hours 18 hrs ✓ 42 hrs
Reciprocity None None

Key Differences

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Cost

Michigan is $232 cheaper for total licensing fees.

Winner: Michigan

Category Winners

Lower Cost
Michigan $222
vs New Mexico ($454)
Fewer Hours
Michigan 90 hrs
vs New Mexico (90 hrs)
Faster Processing
Michigan 8-16 wks
vs New Mexico (8-16 wks)

Michigan

Michigan Department of Licensing and Regulatory Affairs

Official Website →

New Mexico

New Mexico Real Estate Commission

Official Website →

Compare More States

Compare Michigan Broker License

Compare New Mexico Broker License