How much does it cost to get my NM broker's real estate license?

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.