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New Mexico vs Wyoming for Broker Licensing

Total Fees
$424
NM
vs
$480
WY
Pre-Licensing
90 hrs
NM
vs
54 hrs
WY
Timeline
8-16 wks
NM
vs
6-12 wks
WY

Side-by-Side Comparison

Category New Mexico Wyoming
Total Fees $424 $480
Pre-Licensing Hours 90 hrs 54 hrs
Processing Time 8-16 weeks 6-12 weeks
Renewal Cycle 3 years 3 years
Renewal Fee $270 $300
CE Hours 36 hrs 53 hrs
Reciprocity None None

Key Differences

Cost

New Mexico is $56 cheaper for total licensing fees.

Winner: New Mexico

Education Hours

Wyoming requires only 54 pre-licensing hours.

Winner: Wyoming

Processing Speed

Wyoming processes applications in 6-12 weeks.

Winner: Wyoming

Category Winners

Lower Cost
New Mexico $424
vs Wyoming ($480)
Fewer Hours
Wyoming 54 hrs
vs New Mexico (90 hrs)
Faster Processing
Wyoming 6-12 wks
vs New Mexico (8-16 wks)

New Mexico

New Mexico Real Estate Commission

Official Website →

Wyoming

Wyoming Real Estate Commission

Official Website →

Compare More States

Compare New Mexico Broker License

Compare Wyoming Broker License