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Minnesota vs Rhode Island for Broker Licensing

Total Fees
$258
MN
vs
$320
RI
Pre-Licensing
90 hrs
MN
vs
45 hrs
RI
Timeline
6-12 wks
MN
vs
8-16 wks
RI

Side-by-Side Comparison

Category Minnesota Rhode Island
Total Fees $258 $320
Pre-Licensing Hours 90 hrs 45 hrs
Processing Time 6-12 weeks 8-16 weeks
Renewal Cycle 2 years 2 years
Renewal Fee N/A $180
CE Hours 30 hrs 14 hrs
Reciprocity None Partial

Key Differences

Cost

Minnesota is $62 cheaper for total licensing fees.

Winner: Minnesota

Education Hours

Rhode Island requires only 45 pre-licensing hours.

Winner: Rhode Island

Processing Speed

Minnesota processes applications in 6-12 weeks.

Winner: Minnesota

Category Winners

Lower Cost
Minnesota $258
vs Rhode Island ($320)
Fewer Hours
Rhode Island 45 hrs
vs Minnesota (90 hrs)
Faster Processing
Minnesota 6-12 wks
vs Rhode Island (8-16 wks)

Minnesota

Minnesota Department of Commerce

Official Website →

Rhode Island

Rhode Island Department of Business Regulation - Division of Commercial Licensing

Official Website →

Compare More States

Compare Minnesota Broker License

Compare Rhode Island Broker License