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New Mexico vs Rhode Island for Broker Licensing

Total Fees
$454
NM
vs
$313
RI
Pre-Licensing
90 hrs
NM
vs
90 hrs
RI
Timeline
8-16 wks
NM
vs
8-16 wks
RI

Side-by-Side Comparison

Category New Mexico Rhode Island
Total Fees $454 $313 ✓
Pre-Licensing Hours 90 hrs 90 hrs
Processing Time 8-16 weeks 8-16 weeks
Renewal Cycle 3 years 2 years
Renewal Fee $270 $170 ✓
CE Hours 42 hrs 24 hrs ✓
Reciprocity None Partial

Key Differences

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Cost

Rhode Island is $141 cheaper for total licensing fees.

Winner: Rhode Island

Category Winners

Lower Cost
Rhode Island $313
vs New Mexico ($454)
Fewer Hours
New Mexico 90 hrs
vs Rhode Island (90 hrs)
Faster Processing
New Mexico 8-16 wks
vs Rhode Island (8-16 wks)

New Mexico

New Mexico Real Estate Commission

Official Website →

Rhode Island

Rhode Island Department of Business Regulation - Division of Commercial Licensing

Official Website →

Compare More States

Compare New Mexico Broker License

Compare Rhode Island Broker License