New Mexico vs South Dakota for Broker Licensing
Total Fees
$424
NM
vs
$373
SD
Pre-Licensing
90 hrs
NM
vs
116 hrs
SD
Timeline
8-16 wks
NM
vs
6-12 wks
SD
Side-by-Side Comparison
| Category | New Mexico | South Dakota |
|---|---|---|
| Total Fees | $424 | $373 ✓ |
| Pre-Licensing Hours | 90 hrs ✓ | 116 hrs |
| Processing Time | 8-16 weeks | 6-12 weeks ✓ |
| Renewal Cycle | 3 years | 2 years |
| Renewal Fee | $270 | $225 ✓ |
| CE Hours | 36 hrs | 24 hrs ✓ |
| Reciprocity | None | Partial |
Key Differences
→
Cost
South Dakota is $51 cheaper for total licensing fees.
Winner: South Dakota
→
Education Hours
New Mexico requires only 90 pre-licensing hours.
Winner: New Mexico
→
Processing Speed
South Dakota processes applications in 6-12 weeks.
Winner: South Dakota
Category Winners
Lower Cost
South Dakota $373
vs New Mexico ($424)
Fewer Hours
New Mexico 90 hrs
vs South Dakota (116 hrs)
Faster Processing
South Dakota 6-12 wks
vs New Mexico (8-16 wks)
Compare More States
Compare New Mexico Broker License
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Compare South Dakota Broker License
SD vs AL SD vs AK SD vs AZ SD vs AR SD vs CA SD vs CO SD vs CT SD vs DE SD vs FL SD vs GA SD vs HI SD vs ID SD vs IL SD vs IN SD vs IA SD vs KS SD vs KY SD vs LA SD vs ME SD vs MD SD vs MA SD vs MI SD vs MN SD vs MS SD vs MO SD vs MT SD vs NE SD vs NV SD vs NH SD vs NJ SD vs NY SD vs NC SD vs ND SD vs OH SD vs OK SD vs OR SD vs PA SD vs RI SD vs SC SD vs TN SD vs TX SD vs UT SD vs VT SD vs VA SD vs WA SD vs WV SD vs WI SD vs WY