You’re about to take the first step toward becoming a successful real estate agent or broker. Passing the real estate licensing exam in New Mexico will establish the foundation to a wealthy career ahead. We at Real Estate Practice Exam understand the magnitude of passing your exam on the first try and our real estate instructors have spent countless hours and energy writing practice questions that simulate the real world experience of taking the test. We offer the most up to date questions and answers available online to ensure you will successfully pass your real estate licensing test.
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New Mexico Associate Broker Practice Exam
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New Mexico Real Estate Salesperson License Requirements
- Must be at least 18 years of age and a legal resident of the United States.
- Pre-licensing work can be done before the age of 18, but the age requirement for a license is 18.
- Applicants need to successfully complete 90 hours of approved classroom instruction within the three years preceding their application. 30 hours each of the following education is required:
- Real Estate Principles and Practice
- Real Estate Law
- Broker Basics
- All applicants need to pass the real estate exams.
New Mexico Real Estate Broker License Requirements
- Must be at least 18 years of age and a legal resident of the United States.
- Those currently licensed in another state need to submit a certified license certificate or certified license history.
- All broker applicants need to meet one of the following experience and education requirements:
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- The applicant must have been active as a New Mexico licensed Associate Broker for at least two of the preceding five years and have successfully completed 120 hours of approved classroom real estate courses, including 30 hours each of the following:
- Real Estate Principles and Practice
- Real Estate Law
- Broker Basics
- Brokerage Office Administration
- Individuals who held a valid New Mexico real estate broker’s license on or before December 31, 2005 shall have been actively engaged in the real estate business as an associate broker for at least two of the last five years immediately prior to making application for a New Mexico qualifying broker’s license, and shall document completion of a 30-hour Brokerage Office Administration course designated by the commission
- Individuals who automatically became associate brokers on January 1, 2006 shall have been actively engaged in the real estate business as an associate broker for at least two of the last five years immediately prior to making application for a New Mexico qualifying broker’s license, shall document completion of a 30-hour Brokerage Office Administration course designated by the commission, and shall pass a real estate broker’s examination approved by the commission.
- The applicant must have been active as a New Mexico licensed Associate Broker for at least two of the preceding five years and have successfully completed 120 hours of approved classroom real estate courses, including 30 hours each of the following:
New Mexico Has Reciprocal Agreements With:
Anyone holding licenses from any of these states may apply for a reciprocal license, and may be able to forego some classroom work and other requirements.
- Georgia
- Louisiana
- Massachusetts
- Tennessee
