New Mexico Real Estate License Requirements

You’ve got everything you need to know about getting your New Mexico real estate license right here. We’ll cover licensing requirements, exam details, fees, and the documents you need for both associate brokers and brokers.

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What you need to get your real estate license in New Mexico

Associate Broker:

Fill out the application form located on page 11 and mail it to:
- New Mexico Regulation and Licensing Department, New Mexico Real Estate Commission, 5500 San Antonio Dr. NE, Suite B, Albuquerque, New Mexico 87109, Phone: (505) 222-9820, Fax: (505) 222-9886, Toll-Free: (800) 801-7505.
Complete 90 hours of commission approved pre-license education courses:
- Thirty hours of real estate principles and practice.
- Thirty hours of real estate law.
- Thirty hours of broker basics.
Pass the Broker Exam (National and State portions).
Be 18 years old or older.
Be a U.S legal resident
Submit a completed Fingerprint Certification Form confirming the submission of two fingerprint cards to the New Mexico Department of Public Safety, along with the $44 fee.
Certificate of insurance verifying that you hold an active errors and omissions insurance policy.

Qualifying Broker:

Fill out the application form located on page 11 and mail it to:
- New Mexico Regulation and Licensing Department
- New Mexico Real Estate Commission
- 5500 San Antonio Dr. NE, Suite B
- Albuquerque, New Mexico 87109
- Phone: (505) 222-9820
- Fax: (505) 222-9886
- Toll-Free: (800) 801-7505
Provide documentation confirming that your associate broker’s license (or an equivalent) has been actively held with a real estate brokerage for at least two of the past five years prior to your application.
Submit a completed Fingerprint Certification Form confirming the submission of two fingerprint cards to the New Mexico Department of Public Safety, along with the $44 fee.
Certificate of insurance verifying that you hold an active errors and omissions insurance policy.
Complete 30 credit-hour course in Brokerage Office Administration

People who were qualifying brokers on or before December 31, 2005 do not need to comply with these requirements and may
obtain qualifying broker status again by filing a Trade Name Registration Form and paying the $20 trade name registration fee to the
Commission.

What is the passing score for the New Mexico real estate license exam?

The associate broker exam comprise 130 questions in total. Both exams are divided into two sections: 80 questions for the national portion and 50 questions for the state portion. To achieve a passing score, you must correctly answer a minimum of 60 questions in the national section and 38 questions in the state section.

Upon completing your examination, you will receive an official results report.

What is the time limit for the New Mexico real estate exam?

For the associate broker exam, the total time limit is 180 minutes. You will be allowed 120 minutes to take the national portion and 60 minutes to take the state-specific portion.

What to bring for the state of New Mexico real estate license exam?

Two forms of identification. One must be a valid form of government-issued identification (driver’s license, state ID, passport, military ID) that bears your signature and has your photograph or a complete physical description. The secondary form of identification must include your signature and preprinted legal name. All IDs submitted must match the name listed on the Eligibility Letter.

If you are unable to provide the necessary identification, contact (800) 733-9267 at least three weeks before your scheduled appointment to discuss alternative arrangements for meeting the security requirements.

You can bring a basic, non-scientific calculator to the exam center.