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Minnesota vs Nevada for Broker Licensing

Total Fees
$258
MN
vs
$260
NV
Pre-Licensing
30 hrs
MN
vs
N/A
NV
Timeline
6-12 wks
MN
vs
12-24 wks
NV

Side-by-Side Comparison

Category Minnesota Nevada
Total Fees $258 ✓ $260
Pre-Licensing Hours 30 hrs N/A
Processing Time 6-12 weeks ✓ 12-24 weeks
Renewal Cycle 2 years 2 years
Renewal Fee $100 ✓ $235
CE Hours 30 hrs ✓ 36 hrs
Reciprocity Partial None

Key Differences

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Cost

Minnesota is $2 cheaper for total licensing fees.

Winner: Minnesota

→

Processing Speed

Minnesota processes applications in 6-12 weeks.

Winner: Minnesota

Category Winners

Lower Cost
Minnesota $258
vs Nevada ($260)
Faster Processing
Minnesota 6-12 wks
vs Nevada (12-24 wks)

Minnesota

Minnesota Department of Commerce

Official Website →

Compare More States

Compare Minnesota Broker License

Compare Nevada Broker License