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New Mexico vs New York for Broker Licensing

Total Fees
$454
NM
vs
$200
NY
Pre-Licensing
90 hrs
NM
vs
152 hrs
NY
Timeline
8-16 wks
NM
vs
8-16 wks
NY

Side-by-Side Comparison

Category New Mexico New York
Total Fees $454 $200 ✓
Pre-Licensing Hours 90 hrs ✓ 152 hrs
Processing Time 8-16 weeks 8-16 weeks
Renewal Cycle 3 years 2 years
Renewal Fee $270 $185 ✓
CE Hours 42 hrs 22.5 hrs ✓
Reciprocity None None

Key Differences

→

Cost

New York is $254 cheaper for total licensing fees.

Winner: New York

→

Education Hours

New Mexico requires only 90 pre-licensing hours.

Winner: New Mexico

Category Winners

Lower Cost
New York $200
vs New Mexico ($454)
Fewer Hours
New Mexico 90 hrs
vs New York (152 hrs)
Faster Processing
New Mexico 8-16 wks
vs New York (8-16 wks)

New Mexico

New Mexico Real Estate Commission

Official Website →

New York

New York Department of State - Division of Licensing Services

Official Website →

Compare More States

Compare New Mexico Broker License

Compare New York Broker License