The Real Estate Encyclopedia
New Mexico Real Estate Commission
Category - Government Agencies - State Real Estate Agencies

Real Estate Salesperson:   Must be at least 18 years of age and a legal resident of the United States, need to successfully complete 60 hours of approved classroom instruction within the three years preceding their application -  30 hours of these courses need to be on Real Estate Law, and 30 hours need to be on Real Estate Practice. All applicants need to pass the real estate exams.

Continued education:   Continuing education is offered through classroom courses, correspondence and distance education courses.

Broker applicants:  Must be at least 18 years of age and need to meet one of the following experience and education requirements: 1.   The applicant must have been active as a New Mexico licensed salesperson for at least 24 of the preceding 36 months and have successfully completed 90 hours of approved classroom real estate courses.  2.   Or, the applicant must have successfully completed 180 hours of specific classroom courses in real estate, and not have the 24 months of prior active salesperson experience.   3.  Or, the applicant must be currently licensed as a real estate broker in another state for at least one year and have completed 90 hours of specific classroom real estate courses.  4.  Or, the broker license applicant must provide proof of equivalent experience in an activity closely related to real estate, and also successfully complete 90 hours of specific classroom real estate courses. All applicants for the broker license need to successfully pass the real estate exams.  

Reciprocal license recognition & Non-residents:    New Mexico has a Licensure Recognition with five other states: Colorado, Wyoming, Georgia, Oklahoma, and Montana. Applicants licensed in other states need to check with the New Mexico Real Estate Commission for their requirements. Applicants from another state need to submit a certified license certificate or certified license history



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Government Agencies - State Real Estate Agencies
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