New Mexico

Real Estate Licensing Guide

Step 1: Meet Basic Eligibility Requirements

To obtain a Real Estate Associate Broker license in New Mexico, you must:

  • Be at least 18 years old
  • Have a high school diploma or equivalent
  • Be a U.S. citizen or legally authorized to work
  • Be of good moral character

Step 2: Complete Required Pre-Licensing Education

You must complete 90 hours of New Mexico–approved pre-licensing education through a New Mexico Real Estate Commission–approved provider, including:

  • 30 hours of Real Estate Principles
  • 30 hours of Real Estate Law
  • 30 hours of Broker Basics

Step 3: Pass the New Mexico Real Estate Exam

After completing your education, you must pass the New Mexico Associate Broker Exam, which includes:

  • National portion
  • State-specific portion

The exam is administered by PSI Exams.

Step 4: Complete Fingerprinting & Background Check

You must submit fingerprints for a state and FBI criminal background check.

Step 5: Find a Qualifying Broker

You must affiliate with a licensed New Mexico qualifying broker who will supervise your work.

Step 6: Submit Your License Application

Submit your Associate Broker License Application to the New Mexico Real Estate Commission, including:

  • Proof of education
  • Exam pass results
  • Background check clearance
  • Qualifying broker information
  • Required fees

Step 7: Receive Your License

Once approved, your New Mexico Associate Broker license will be issued and activated under your qualifying broker.

Step 8: Complete Post-Licensing Education

Within your first year of licensure, you must complete 30 hours of first-year post-licensing education.

Step 9: Maintain Your License with Continuing Education

  • Licenses are renewed every three years
  • You must complete 36 hours of continuing education per renewal cycle, including mandatory core topics