Here are the costs associated with obtaining your New Mexico real estate associate broker license.
90-hour broker pre-license course: $749
State Exam Fee: $95
Fingerprint Fee: $44*
E&O Insurance: $349**
License Application Fee: $270
Total Cost: $1,507
These costs are spread out over the entire licensing process and not paid all upfront.
*Fingerprints must be done with the state’s vendor Gemalto and cost $44. If you live out of state, there may be additional fees.
**The $349 fee was for the Basic E&O Coverage 2021-2022 in the New Mexico Real Estate Commission’s group E&O program.