Minnesota vs New York for Broker Licensing

Total Fees

$258

$200

Pre-Licensing

30 hrs

152 hrs

Timeline

6-12 wks

8-16 wks

Side-by-Side Comparison

Category	Minnesota	New York
Total Fees	$258	$200 ✓
Pre-Licensing Hours	30 hrs ✓	152 hrs
Processing Time	6-12 weeks ✓	8-16 weeks
Renewal Cycle	2 years	2 years
Renewal Fee	$100 ✓	$185
CE Hours	30 hrs	22.5 hrs ✓
Reciprocity	Partial	None

Key Differences

→

Cost

New York is $58 cheaper for total licensing fees.

Winner: New York

→

Education Hours

Minnesota requires only 30 pre-licensing hours.

Winner: Minnesota

→

Processing Speed

Minnesota processes applications in 6-12 weeks.

Winner: Minnesota

Category Winners

Lower Cost

New York $200

vs Minnesota ($258)

Fewer Hours

Minnesota 30 hrs

vs New York (152 hrs)

Faster Processing

Minnesota 6-12 wks

vs New York (8-16 wks)

Minnesota

Minnesota Department of Commerce

Official Website →

Full Minnesota Broker requirements →

New York

New York Department of State - Division of Licensing Services

Official Website →

Full New York Broker requirements →

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