Official sources and verification (16)
Last verified Oct 25, 2026. Each quotation supports the corresponding published value.
BoardNew Mexico Real Estate Commission
New Mexico Real Estate Commission
ISSUING AGENCY: New Mexico Real Estate Commission.
Official sourceLast verified Oct 25, 2026
Official agency pageOpen 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 sourceLast verified Oct 25, 2026
Qualifications / Required hours90 hours
90
90 hours of education
Official sourceLast verified Oct 25, 2026
Qualifications / ExamPass 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 sourceLast verified Oct 25, 2026
Qualifications / InsuranceActive licensees need errors and omissions insurance.
Active licensees need errors and omissions insurance.
Current errors and omissions insurance (required for active licensees)
Official sourceLast verified Oct 25, 2026
Fees / License$270
270
3-Year Associate Broker License $270
Official sourceLast verified Oct 25, 2026
Fees / Exam$95
95
Broker Exam $95 per exam, paid directly to the exam provider
Official sourceLast verified Oct 25, 2026
License term in years3 years
3
3-Year Associate Broker License
Official sourceLast verified Oct 25, 2026
RenewalEvery 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 sourceLast verified Oct 25, 2026
Continuing education hours36 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 sourceLast verified Oct 25, 2026
Continuing education topicsAnnual 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 sourceLast verified Oct 25, 2026
ReciprocityNew 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 sourceLast verified Oct 25, 2026
Agency guidanceThis 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 sourceLast verified Oct 25, 2026
Agency guidanceA 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 sourceLast verified Oct 25, 2026
Agency guidanceInitial 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 sourceLast verified Oct 25, 2026
Apply with the agencyOpen 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 sourceLast verified Oct 25, 2026