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The fastest and most affordable way to get your real estate broker license in New Mexico! Here you'll learn:
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To be eligible for a New Mexico real estate associate broker license, you must be a legal resident of the United States and be at least 18 years of age.
If you meet these qualifications, earn your New Mexico real estate license in (6) steps.
Step 1: Take the 90-hour Pre-license education courses
All New Mexico real estate broker candidates must take (3) 30-hour pre-licensing courses:
You will receive a certificate of completion for each of the three courses. These courses must be completed within three years of the application to take the broker's examination. Find an approved pre-licensing education provider for your courses.
Step 2: Apply to take the state licensing exam
The state contracted PSI to administer the exam. Find the examination registration form at the end of the Candidate Information Bulletin. Submit your certificates of completion of the pre-licensing courses with your application form.
PSI will send an eligibility postcard with instructions on scheduling your state exam. PSI recommends online scheduling as the quickest way to schedule your exam. Telephone scheduling is available by calling (855) 557-0621. The examination fee is $95 made payable to PSI via credit card.
See the Candidate Information Bulletin for test centers and other registration options.
Step 3: Take the state licensing exam
Bring to the testing center (2) forms of identification. One must be a government-issued ID with has your photograph or physical description and your signature.
About the New Mexico Associate Broker Exam:
You must pass both sections with a minimum score of 75%. Immediately upon finishing your exam, your score will appear on the screen. You also receive a printed score report. If you fail one or both sections of the exam, you have 90 days to pass the failed section of the test.
Step 4: Purchase E&O insurance
All the real estate professionals must carry an Errors & Omissions Insurance policy that meets the requirements for such insurance described in 16.61.5 NMAC of the commission rules. The NMREC has a contracted insurance carrier, Rice Insurance Services. Call 800-637-7319 for enrollment information. Your brokerage may also have a group insurance policy.
Step 5: Submit fingerprints for a background check
All New Mexico broker license applicants are required to submit fingerprints for a state and national background check. First, you must register on the state vendor website Gemalto.
You'll need the NMRC identifier number "M920263Z" to register. The fingerprint processing fee is $44 and can be paid online using a credit or debit card. You can also pay the fee by money order or cashier's check at the Live SScan'ssite at the time of fingerprinting.
After registering on Gemalto, contact Cogent ID for Live Scan locations. Make sure to have your Live Scan vendor complete the Fingerprint Certification Form. YYou'llneed to submit this with your application.
Step 6: Apply for your NM broker's license
Once you have passed the state exam, you have six months to apply for your broker's license.
Find the license application form at the end of the Candidate Information Bulletin. The license fee is $270, payable to the NMREC by cashier's check, money order, or personal check.
Submit with your broker license application:
Once your license is received by your New Mexico brokerage firm, congratulations! You are now a practicing New Mexico associate broker.
The RealEstateU 90-Hour New Mexico Real Estate Broker’s Courses are structured in the following way:
You can purchase a PDF version of the course textbook for only $29!
Inside the course textbook you’ll find all the lesson content, including all the audio transcripts, infographics, and supporting documents.
Please note that the PDF textbook is not included in the course tuition. The textbook is designed to supplement the online course and not replace it.
The textbook allows you to review the course content offline. The course enables you to print out individual lessons as needed.
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My husband spotted the Real Estate U Groupon deal and he said I should look into it. Honestly at first I thought it had to be too good to be true. But after reading reviews and doing some research I said: “What the heck?!” For the price I really didn’t have much to lose.
I’m so happy I took the leap of faith! I loved the audible learning and that I could literally bring it with me wherever I went! I finished in 3 months! Trust me when I say if I can do it you can do it. I’m a very busy mother of 3 and they all have extracurricular activities, but somehow I buckled down and finished.
I did take a live test prep class at a local real estate school just to cover all bases. I reviewed all the quizzes from all the chapters to prepare. My advice would be to take your time when you test. I was so nervous but I took my time because I knew the material I just had to take my time!
Passing on my first try felt amazing!
I would not be here had I not had the amazing opportunity to complete the real estate licensing course via Real Estate U! I highly recommend the Real Estate U course. In fact my oldest son has decided to take the course as well!
Jennifer Carlman-Leising - Real Estate Agent in Texas - Keller Williams Plano, TX
I am currently working as a part time real estate agent for Century 21 APD Associates, in the beautiful city of El Paso, Texas. I wanted to get into real estate to become my own boss and I am looking forward to building a 6 figure income. I closed my first deal in October and looking to close on my second this December.
To obtain my license I chose RealEstateU. The courses were extremely helpful in passing state and national exam on my first try. I like the fact that I could study at my pace and I was able use my mobile to access my courses when on the road or when waiting on doctor appointments with my children.
I was able to go back and listen again and again to the parts that I did not get from the beginning. This is something that wouldn't have been provided by being in a classroom setting. If you are looking to obtain your license just be persistent and don't give up on your dream! I was able to invest in this course and more than tripled my return on the first home which I sold short after I obtained my real estate license.
If this is something you think you'll enjoy try it out and take the risk. Why not risk on something that has the potential to double or triple your income on the side. Jump on the opportunity of getting your license, which honestly is the easy part. And then go all in on the process helping clients and customers get what they want, which is a great home buying/selling experience.
Frank Contreras - Real Estate Agent in Texas - Century 21 APD Associates, El Paso, TX
I (still am) a licensed auto insurance claims adjuster for a major insurance company. I held that position for 7.5 years. My family dynamic was changing and myself or my husband needed to be home more for our blended family of 5 children.
Real Estate allows me to regulate my schedule so I can dedicate time to my children and their activities. I will be working for LIV Realty in Frisco, TX and will be working full-time. My goals moving forward are to continue learning, networking and growing towards my own business. I plan on becoming a broker one day.
I loved the ease of the course. I was able to navigate easily and picked up where I left off each day. If I had any questions I received a response back very quickly from the RealEstateU support team. I was able to study and retain information easily. The workbook and the glossary were easy to follow and allowed me to print them to take with me in the event that I was not able to use my laptop. I loved that the course was accessible from a cell phone as well. We had a planned trip across the United States and I was able to study on my cell phone as we travelled 9 states. I have already recommended the course to a few of my friends!
Candice Jackson Tate - Real Estate Agent in Texas - LIV Realty in Frisco, TX
Thank you so much for your help over the last few weeks. I rushed to get through the course because I am so excited to start working in the field as a NYS realtor. I thought this would have a negative impact on me toward the end when I was ready to test, but I feel I retained a lot of the info and am happy with the results.
Melissa Colletti - Real Estate Salesperson New York - Keller Williams Realty Lancaster, NY
There are no limits to a real estate agent’s earning potential. The more real estate deals you successfully close, the more money you can make!
By law, your sponsoring broker can’t tell you when and where to work! Real estate agents create a schedule that works best for them!
You decide how to distibute your time. Slowly transition from your current career or use your license to working part-time for extra income. Or, go full-time and make it your dream job.
Holding a real estate license enables you to sell all types of real estate throughout New Mexico.
All students have 12 months from the time of purchase to complete the RealEstateU 90-hour New Mexico Real Estate License Course (including the course exams).
All courses are eligible for a refund within 30 days of purchase if the student has not completed more than 50% of the course. All refunds issued are subjected to a $20 admin charge. Please read our Terms and Conditions for more details.
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