When is a real estate license required in New Mexico?

A real estate broker license is required to represent a buyer or seller in a real estate transaction, and earn a commission or compensation for the services. This includes listing, selling, purchasing, leasing, lease options, and renting of real property. In addition, a license enables the licensee to advertise and market real estate properties and their services.

 

You don’t need a broker license to sell or buy your own home.