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New Mexico Real Estate License: Requirements, Cost & How to Apply (2026)

Quick answer

This record covers associate brokers, who must affiliate with an actively licensed qualifying broker.

License fee

$270

View official source

Required hours

90 hours

View official source

Exam

Pass the national broker and New Mexico examinations with at least 75%.

View official source

Renewal

Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date.

View official source

Last verified Oct 25, 2026

How to get a real estate license in New Mexico

  1. Check the licensing authority

    Board

    New Mexico Real Estate Commission

    Last verified Oct 25, 2026 — source and quotation
    ISSUING AGENCY: New Mexico Real Estate Commission.
    Official source

    Official agency page

    Open the official agency page

    Last verified Oct 25, 2026 — source and quotation
    Real Estate Commission: FAQs
    Official source
  2. Prepare your application

    Apply with the agency

    Open the official agency page

    Last verified Oct 25, 2026 — source and quotation
    Renewal and Initial applications must be submitted through NM-PLUS.
    Official source

    Reciprocity

    New Mexico does not offer reciprocity for out-of-state salesperson licenses.

    Last verified Oct 25, 2026 — source and quotation
    No, New Mexico does not have reciprocity for a real estate salesperson license.
    Official source
  3. Confirm your next step with the agency

    Review the official instructions for your situation before applying.

    Open the official agency page

What else should I know?

Agency guidance

This record covers associate brokers, who must affiliate with an actively licensed qualifying broker.

Last verified Oct 25, 2026 — source and quotation
Associate brokers need to be affiliated with an actively licensed qualifying broker
Official source

Agency guidance

A separate $30 recovery fee applies to initial and renewal applications.

Last verified Oct 25, 2026 — source and quotation
Recovery Fee (Charged for both initial and renewal applications) $30
Official source

Agency guidance

Initial and renewal applications use NM-PLUS, linked from the Commission’s renewal page.

Last verified Oct 25, 2026 — source and quotation
Renewal and Initial applications must be submitted through NM-PLUS.
Official source

What are the New Mexico real estate license requirements?

Required hours

90 hours

Last verified Oct 25, 2026 — source and quotation
90 hours of education
Official source

Exam

Pass the national broker and New Mexico examinations with at least 75%.

Last verified Oct 25, 2026 — source and quotation
Passage of the National Broker Exam & New Mexico Exam with a minimum score 75%
Official source

Insurance

Active licensees need errors and omissions insurance.

Last verified Oct 25, 2026 — source and quotation
Current errors and omissions insurance (required for active licensees)
Official source

How do I renew my real estate license in New Mexico?

Renewal

Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date.

Last verified Oct 25, 2026 — source and quotation
Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date.
Official source

License term in years

3 years

Last verified Oct 25, 2026 — source and quotation
3-Year Associate Broker License
Official source

Continuing education hours

36 hours

Last verified Oct 25, 2026 — source and quotation
All active and inactive associate brokers shall successfully complete a minimum of 36 credit hours of continuing education in courses approved by the commission during each licensing cycle.
Official source

Continuing education topics

Annual 4-hour NMREC core, 4 core-elective hours and 4 ethics hours per three-year associate-broker cycle; remaining hours from approved electives.

Last verified Oct 25, 2026 — source and quotation
the four-hour New Mexico real estate commission (NMREC) core course to be completed annually; four hours of commission-approved core elective course(s) to be completed during each three-year licensing for associate brokers; … and for all brokers, four hours of commission-approved ethics courses to be completed during each three-year licensing cycle. … All remaining credit hours may be earned toward the cumulative continuing education renewal requirement from commission-approved elective category courses, additional core elective category courses or additional ethics category courses.
Official source

View renewal deadlines, fees and CE

Have a license or permit? Use the expiration date printed on it to set up your calendar and reminders.

How much does a real estate license cost in New Mexico?

License fee

$270

Last verified Oct 25, 2026 — source and quotation
3-Year Associate Broker License $270
Official source

Exam fee

$95

Last verified Oct 25, 2026 — source and quotation
Broker Exam $95 per exam, paid directly to the exam provider
Official source

Bonds and insurance

Insurance

Active licensees need errors and omissions insurance.

Last verified Oct 25, 2026 — source and quotation
Current errors and omissions insurance (required for active licensees)
Official source

Confirm the charges and conditions for your application with the official agency.

How do I look up a real estate license in New Mexico?

License lookup link: Not verified yet. Check the licensing agency or browse license lookup by state.

What are the common questions?

How often do I renew a real estate salesperson / sales agent license in New Mexico?

Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date.

Source and quotation
Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date.
Official source

Last verified Oct 25, 2026

What is the real estate salesperson / sales agent license fee in New Mexico?

$270

Source and quotation
3-Year Associate Broker License $270
Official source

Last verified Oct 25, 2026

Which official sources support this guide?

Official sources and verification (16)

Last verified Oct 25, 2026. Each quotation supports the corresponding published value.

Board

New Mexico Real Estate Commission

New Mexico Real Estate Commission

ISSUING AGENCY: New Mexico Real Estate Commission.
Official source

Last verified Oct 25, 2026

Official agency page

Open the official agency page

https://www.rld.nm.gov/boards-and-commissions/individual-boards-and-commissions/real-estate-commission/faqs/

Real Estate Commission: FAQs
Official source

Last verified Oct 25, 2026

Qualifications / Required hours

90 hours

90

90 hours of education
Official source

Last verified Oct 25, 2026

Qualifications / Exam

Pass the national broker and New Mexico examinations with at least 75%.

Pass the national broker and New Mexico examinations with at least 75%.

Passage of the National Broker Exam & New Mexico Exam with a minimum score 75%
Official source

Last verified Oct 25, 2026

Qualifications / Insurance

Active licensees need errors and omissions insurance.

Active licensees need errors and omissions insurance.

Current errors and omissions insurance (required for active licensees)
Official source

Last verified Oct 25, 2026

Fees / License

$270

270

3-Year Associate Broker License $270
Official source

Last verified Oct 25, 2026

Fees / Exam

$95

95

Broker Exam $95 per exam, paid directly to the exam provider
Official source

Last verified Oct 25, 2026

License term in years

3 years

3

3-Year Associate Broker License
Official source

Last verified Oct 25, 2026

Renewal

Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date.

Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date. Applies to: New Mexico real estate brokers, including associate brokers

Every real estate license expires every three years on the last day of the month following the broker's birth month unless it is renewed on or before that date.
Official source

Last verified Oct 25, 2026

Continuing education hours

36 hours

36

All active and inactive associate brokers shall successfully complete a minimum of 36 credit hours of continuing education in courses approved by the commission during each licensing cycle.
Official source

Last verified Oct 25, 2026

Continuing education topics

Annual 4-hour NMREC core, 4 core-elective hours and 4 ethics hours per three-year associate-broker cycle; remaining hours from approved electives.

Annual 4-hour NMREC core, 4 core-elective hours and 4 ethics hours per three-year associate-broker cycle; remaining hours from approved electives.

the four-hour New Mexico real estate commission (NMREC) core course to be completed annually; four hours of commission-approved core elective course(s) to be completed during each three-year licensing for associate brokers; … and for all brokers, four hours of commission-approved ethics courses to be completed during each three-year licensing cycle. … All remaining credit hours may be earned toward the cumulative continuing education renewal requirement from commission-approved elective category courses, additional core elective category courses or additional ethics category courses.
Official source

Last verified Oct 25, 2026

Reciprocity

New Mexico does not offer reciprocity for out-of-state salesperson licenses.

New Mexico does not offer reciprocity for out-of-state salesperson licenses.

No, New Mexico does not have reciprocity for a real estate salesperson license.
Official source

Last verified Oct 25, 2026

Agency guidance

This record covers associate brokers, who must affiliate with an actively licensed qualifying broker.

This record covers associate brokers, who must affiliate with an actively licensed qualifying broker.

Associate brokers need to be affiliated with an actively licensed qualifying broker
Official source

Last verified Oct 25, 2026

Agency guidance

A separate $30 recovery fee applies to initial and renewal applications.

A separate $30 recovery fee applies to initial and renewal applications.

Recovery Fee (Charged for both initial and renewal applications) $30
Official source

Last verified Oct 25, 2026

Agency guidance

Initial and renewal applications use NM-PLUS, linked from the Commission’s renewal page.

Initial and renewal applications use NM-PLUS, linked from the Commission’s renewal page.

Renewal and Initial applications must be submitted through NM-PLUS.
Official source

Last verified Oct 25, 2026

Apply with the agency

Open the official agency page

https://www.rld.nm.gov/boards-and-commissions/individual-boards-and-commissions/real-estate-commission/real-estate-commission-renew-a-license/

Renewal and Initial applications must be submitted through NM-PLUS.
Official source

Last verified Oct 25, 2026

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What should I explore next?

Real estate salesperson / sales agent in neighboring states

Neighboring states use Census adjacency data, including water and point boundaries.

Related licenses in New Mexico

What’s my next step?

Last verified Oct 25, 2026.

Official sources (5)

Not legal or tax advice. Confirm with the official agency before filing.