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New Mexico Real Estate Salesperson — Requirements & Free Practice

US-NM · License preparation

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Licenses, application pathways and examination requirements

Each license and applicant pathway has its own requirements and exemptions. Choosing practice questions does not determine your eligibility.

Associate Broker’s License

The current entry licence for real estate brokerage; the salesperson category was eliminated in 2006. Active practice requires affiliation with a qualifying broker.

Licensing authority: New Mexico Real Estate Commission · Application information

Initial licensure by examination
New Mexico real estate broker’s examination
Affiliation
Affiliate with one qualifying broker to practise actively; complete new broker business practices or CCIM 101 within the first year (16.61.17.8-.9).
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Education
Complete one approved 30-hour course each in principles and practice, real estate law and broker basics, within three years before examination application.
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Expired licence reinstatement within one year
No examination is required for this applicant pathway.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Deadline
Apply within one year of expiration; pay three times the regular renewal fee unless a supported exemption applies. Do not practise until reinstatement.

Official no-examination sources

Effective from 2026-09-22.

Statutory medical or military late renewal exception
No examination is required for this applicant pathway.
Board rule deadline
16.61.11.8(C) also states a one-year submission limit; the statutory exception controls and that narrower implementation demand remains a condition.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Exception
Document the qualifying illness/injury or active military absence during the year after expiration; apply within three months of sufficient recovery or permanent return. 61-29-11(D) expressly excuses reexamination and the late fee.

Official no-examination sources

Effective from 2026-09-22.

Licensure with prior licensure and discretionary education/national examination waiver
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Board waiver demand
The Commission page states: "Prelicensure Education Waiver – Examination candidates currently licensed as real estate brokers in other states or jurisdictions are eligible to apply for a waiver of 60 of the 90 hours of prelicensure education if they can provide a certified license history from their resident licensing jurisdiction documenting that they have completed Real Estate Principals and Practice and Real Estate Law or their substantial equivalent. The waiver may also exempt an applicant meeting these criteria from taking the national broker exam, unless they have only taken the salesperson exam in their resident licensing jurisdiction. Applicants would still be required to take a 30-hour Broker Basics course, and take the state portion of the broker examination and possibly the national broker exam if they have only completed the salesperson exam in their resident licensing jurisdiction.". Rule 16.61.3.9(B)(2) also allows originally licensed salespersons to apply for waivers; the applicant must obtain the Commission’s determination.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Education waiver
Commission may waive 60 hours of principles/practice and law and the national broker portion; broker basics remains required absent a recognition agreement.
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Prior licensure
Currently or previously licensed elsewhere; provide certified license history and evidence of equivalent education.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Conversion of a general expedited provisional licence through renewal
New Mexico real estate broker’s examination
Accepted jurisdiction
Acceptance is subject to the Commission’s rule-based approved/disapproved jurisdiction lists under 61-1-31.1(D); no other jurisdiction’s licensing requirements are researched.
Background check
Provide fingerprints/background-check information if required.
Conversion
Before the provisional term ends, apply for regular licensure through the renewal process and satisfy ordinary continuing-education/renewal conditions.
Deferred examinations
61-1-31.1(C) permits a Commission-required initial state or national examination omitted by the former licensing jurisdiction to be required before renewal. 16.61.3.9 identifies the state broker and national broker examinations. The discretionary timing/waiver is a condition.
Existing licence
Hold a licence current and in good standing from another licensing jurisdiction.
Experience
Have practised and held an active licence for the period New Mexico law requires for the corresponding licence.
Insurance
Maintain the required New Mexico errors and omissions insurance for active practice.
Provisional term
One year unless the Commission lawfully allows a longer initial term or extends for extenuating circumstances.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Reactivation from inactive status
No examination is required for this applicant pathway.
Affiliation
Associate brokers must affiliate with one qualifying broker; an initially inactive associate must complete the new broker business practices or CCIM 101 course before first activation.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Insurance
Provide a current errors and omissions certificate before activation.

Official no-examination sources

Effective from 2026-09-22.

Reactivation after revocation of the affiliated qualifying broker licence
No examination is required for this applicant pathway.
New qualifying broker
Name a new qualifying broker; reactivation is without charge when granted during the three-year renewal cycle.

Official no-examination sources

Effective from 2026-09-22.

Licensure under a written recognition agreement
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board recognition exemption
The Commission rule 16.61.3.9(B)(4) states: "(4) License applicants currently licensed by state or jurisdiction with which the commission has a written license recognition agreement are not required to take any of the prescribed pre-licensing courses or take either portion of the broker’s examination to be eligible to apply for a New Mexico broker’s license.". The current licensing page also states its recognition-agreement exemption.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Controlling examination requirement
61-29-9(B) requires passing the broker examination and (B)(2) authorizes a national-portion waiver while retaining the state portion. The lower-ranked recognition rule exempts both portions; under the contract’s source-ranking rule, the registered state examination remains a leaf and the rule’s exemption is an applicant condition.
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Recognition agreement
Hold a current licence in a jurisdiction covered by a written New Mexico recognition agreement; only the New Mexico Commission’s adoption is researched.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Relicensure more than one year after expiration
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Education
Complete applicable current prelicensure requirements, with any Commission-authorized prior-licensure waivers recorded as conditions.
Expired licence
More than one year since expiration; all prelicensure requirements apply under 16.61.11.8(D).
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Triennial licence renewal
No examination is required for this applicant pathway.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Renewal date
Renew before the last day of the month following the birth month; pay the applicable fee and satisfy background review.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement following child support compliance
No examination is required for this applicant pathway.
Compliance
Present the subsequent statement of support compliance; satisfy any additional Commission reapplication/reinstatement conditions for a lapsed licence. An expired licence follows the separately recorded expired-licence route.

Official no-examination sources

Effective from 2026-09-22.

Provisional Associate Broker’s License

Statutory expedited provisional form of the associate-broker licence, including military expedited issuance. Statute controls provisional status over contrary older Commission rule wording.

Licensing authority: New Mexico Real Estate Commission · Application information

Expedited provisional licensure based on out of jurisdiction licensure
New Mexico real estate broker’s examination
Accepted jurisdiction
Acceptance is subject to the Commission’s rule-based approved/disapproved jurisdiction lists under 61-1-31.1(D); no other jurisdiction’s licensing requirements are researched.
Background check
Provide fingerprints/background-check information if required.
Deferred examinations
61-1-31.1(C) permits a Commission-required initial state or national examination omitted by the former licensing jurisdiction to be required before renewal. 16.61.3.9 identifies the state broker and national broker examinations. The discretionary timing/waiver is a condition.
Existing licence
Hold a licence current and in good standing from another licensing jurisdiction.
Experience
Have practised and held an active licence for the period New Mexico law requires for the corresponding licence.
Insurance
Maintain the required New Mexico errors and omissions insurance for active practice.
Provisional term
One year unless the Commission lawfully allows a longer initial term or extends for extenuating circumstances.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Expedited provisional military or veteran licensure
New Mexico real estate broker’s examination
Board documentation
Provide the military orders, marriage/dependency evidence, or honorable-discharge documentation listed in 16.61.3.9(E)(3).
Deferred examination
If the former jurisdiction required no examination, the Commission may require its identified broker examinations before renewal under 61-1-34(B); no immediate sitting is asserted.
Existing licence
Hold a current licence in good standing issued by another jurisdiction, including a branch of the United States armed forces.
Fees
No initial or renewal licensing fee for the first three years under 61-1-34(C).
Insurance
Provide required New Mexico errors and omissions coverage for active practice.
Issuance
Process a complete application as soon as practicable, within 30 days, with a background check if required.
Military eligibility
Active-duty or qualifying reserve/national-guard member; spouse or surviving spouse; federally dependent child; or honorably discharged/separated veteran, as 61-1-34(E) defines.
Provisional status
61-1-34(B) makes this a provisional licence with regular licence rights, privileges and responsibilities. Older 16.61.3.9(E) and .12(G) describe ordinary/nonprovisional issuance and substantial equivalence; those lower-ranked statements are retained as Commission implementation conditions.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Renewal of statutory military provisional licensure
New Mexico real estate broker’s examination
Board documentation
Provide the military orders, marriage/dependency evidence, or honorable-discharge documentation listed in 16.61.3.9(E)(3).
Deferred examination
If the former jurisdiction required no examination, the Commission may require its identified broker examinations before renewal under 61-1-34(B); no immediate sitting is asserted.
Existing licence
Hold a current licence in good standing issued by another jurisdiction, including a branch of the United States armed forces.
Fees
No initial or renewal licensing fee for the first three years under 61-1-34(C).
Insurance
Provide required New Mexico errors and omissions coverage for active practice.
Issuance
Process a complete application as soon as practicable, within 30 days, with a background check if required.
Military eligibility
Active-duty or qualifying reserve/national-guard member; spouse or surviving spouse; federally dependent child; or honorably discharged/separated veteran, as 61-1-34(E) defines.
Provisional status
61-1-34(B) makes this a provisional licence with regular licence rights, privileges and responsibilities. Older 16.61.3.9(E) and .12(G) describe ordinary/nonprovisional issuance and substantial equivalence; those lower-ranked statements are retained as Commission implementation conditions.
Renewal
Satisfy the applicable renewal/continuing-education requirements; any identified licensing examination the Commission requires before renewal remains conditional on 61-1-34(B).
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.

Provisional Qualifying Broker’s License

Statutory expedited provisional form of the qualifying-broker licence; supervision and insurance conditions remain applicable.

Licensing authority: New Mexico Real Estate Commission · Application information

Expedited provisional licensure based on out of jurisdiction licensure
New Mexico real estate broker’s examination
Accepted jurisdiction
Acceptance is subject to the Commission’s rule-based approved/disapproved jurisdiction lists under 61-1-31.1(D); no other jurisdiction’s licensing requirements are researched.
Background check
Provide fingerprints/background-check information if required.
Deferred examinations
61-1-31.1(C) permits a Commission-required initial state or national examination omitted by the former licensing jurisdiction to be required before renewal. 16.61.3.9 identifies the state broker and national broker examinations. The discretionary timing/waiver is a condition.
Existing licence
Hold a licence current and in good standing from another licensing jurisdiction.
Experience
Have practised and held an active licence for the period New Mexico law requires for the corresponding licence.
Insurance
Maintain the required New Mexico errors and omissions insurance for active practice.
Provisional term
One year unless the Commission lawfully allows a longer initial term or extends for extenuating circumstances.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Expedited provisional military or veteran licensure
New Mexico real estate broker’s examination
Board documentation
Provide the military orders, marriage/dependency evidence, or honorable-discharge documentation listed in 16.61.3.9(E)(3).
Deferred examination
If the former jurisdiction required no examination, the Commission may require its identified broker examinations before renewal under 61-1-34(B); no immediate sitting is asserted.
Existing licence
Hold a current licence in good standing issued by another jurisdiction, including a branch of the United States armed forces.
Fees
No initial or renewal licensing fee for the first three years under 61-1-34(C).
Insurance
Provide required New Mexico errors and omissions coverage for active practice.
Issuance
Process a complete application as soon as practicable, within 30 days, with a background check if required.
Military eligibility
Active-duty or qualifying reserve/national-guard member; spouse or surviving spouse; federally dependent child; or honorably discharged/separated veteran, as 61-1-34(E) defines.
Provisional status
61-1-34(B) makes this a provisional licence with regular licence rights, privileges and responsibilities. Older 16.61.3.9(E) and .12(G) describe ordinary/nonprovisional issuance and substantial equivalence; those lower-ranked statements are retained as Commission implementation conditions.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Renewal of statutory military provisional licensure
New Mexico real estate broker’s examination
Board documentation
Provide the military orders, marriage/dependency evidence, or honorable-discharge documentation listed in 16.61.3.9(E)(3).
Deferred examination
If the former jurisdiction required no examination, the Commission may require its identified broker examinations before renewal under 61-1-34(B); no immediate sitting is asserted.
Existing licence
Hold a current licence in good standing issued by another jurisdiction, including a branch of the United States armed forces.
Fees
No initial or renewal licensing fee for the first three years under 61-1-34(C).
Insurance
Provide required New Mexico errors and omissions coverage for active practice.
Issuance
Process a complete application as soon as practicable, within 30 days, with a background check if required.
Military eligibility
Active-duty or qualifying reserve/national-guard member; spouse or surviving spouse; federally dependent child; or honorably discharged/separated veteran, as 61-1-34(E) defines.
Provisional status
61-1-34(B) makes this a provisional licence with regular licence rights, privileges and responsibilities. Older 16.61.3.9(E) and .12(G) describe ordinary/nonprovisional issuance and substantial equivalence; those lower-ranked statements are retained as Commission implementation conditions.
Renewal
Satisfy the applicable renewal/continuing-education requirements; any identified licensing examination the Commission requires before renewal remains conditional on 61-1-34(B).
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.

Qualifying Broker’s License

Individual broker licence, with supervision subject to the statutory and rule experience requirements. No separate qualifying-broker licensing examination exists.

Licensing authority: New Mexico Real Estate Commission · Application information

Upgrade of an associate broker converted from the former salesperson category
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Converted license
Originally a salesperson converted to associate status on January 1, 2006; meet qualifying-broker requirements and pass the broker examination. The Commission page specifically requires broker basics before the examination.
Education
Complete the 30-hour brokerage office administration course, including its instructor-created course examination, eight hours of forms or approved contracts courses, eight hours of core electives, and the Commission meeting/hearing attendance required by 16.61.3.11. The instructor-created assessment is a course condition, not an independently identified licensing examination.
Examination timing
The same currently offered state broker examination is involved even if already passed for associate licensure; a New Mexico associate broker upgrading is exempt from the national portion under 16.61.3.9(B)(2).
Experience
Meet the supervisory or nonsupervisory experience limits in 16.61.3.10(B)-(D).
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Supervisory documents
Submit acknowledgement affidavit and supervisory plan under 16.61.3.12; these are not required when supervised by another qualifying broker.
Transactional experience
Document 100 transaction points and at least one transaction in each of four preceding years, excluding personally owned property. The Commission may grant the limited waiver of up to 30 points and annual transaction requirement under 16.61.3.10(F)(3)(i).
Restoration of pre 2006 qualifying broker status
No examination is required for this applicant pathway.
Current licence
Hold a current licence and document qualifying-broker licensure on or before December 31, 2005.
Refresher course
16.61.29.8(D) requires the Commission-approved qualifying-broker refresher course during the current renewal cycle for reinstatement of qualifying-broker status.
Trade name
File the trade-name registration and pay the prescribed fee under 16.61.3.12(D).

Official no-examination sources

Effective from 2026-09-22.

Expired licence reinstatement within one year
No examination is required for this applicant pathway.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Deadline
Apply within one year of expiration; pay three times the regular renewal fee unless a supported exemption applies. Do not practise until reinstatement.

Official no-examination sources

Effective from 2026-09-22.

Statutory medical or military late renewal exception
No examination is required for this applicant pathway.
Board rule deadline
16.61.11.8(C) also states a one-year submission limit; the statutory exception controls and that narrower implementation demand remains a condition.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Exception
Document the qualifying illness/injury or active military absence during the year after expiration; apply within three months of sufficient recovery or permanent return. 61-29-11(D) expressly excuses reexamination and the late fee.

Official no-examination sources

Effective from 2026-09-22.

Qualifying broker licensure based on equivalent out of jurisdiction licensure
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Board waiver demand
The Commission page states: "Prelicensure Education Waiver – Examination candidates currently licensed as real estate brokers in other states or jurisdictions are eligible to apply for a waiver of 60 of the 90 hours of prelicensure education if they can provide a certified license history from their resident licensing jurisdiction documenting that they have completed Real Estate Principals and Practice and Real Estate Law or their substantial equivalent. The waiver may also exempt an applicant meeting these criteria from taking the national broker exam, unless they have only taken the salesperson exam in their resident licensing jurisdiction. Applicants would still be required to take a 30-hour Broker Basics course, and take the state portion of the broker examination and possibly the national broker exam if they have only completed the salesperson exam in their resident licensing jurisdiction.". Rule 16.61.3.9(B)(2) also allows originally licensed salespersons to apply for waivers; the applicant must obtain the Commission’s determination.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Education
Complete the 30-hour brokerage office administration course, including its instructor-created course examination, eight hours of forms or approved contracts courses, eight hours of core electives, and the Commission meeting/hearing attendance required by 16.61.3.11. The instructor-created assessment is a course condition, not an independently identified licensing examination.
Education waiver
Commission may waive 60 hours of principles/practice and law and the national broker portion; broker basics remains required absent a recognition agreement.
Examination timing
The same currently offered state broker examination is involved even if already passed for associate licensure; a New Mexico associate broker upgrading is exempt from the national portion under 16.61.3.9(B)(2).
Experience
At least four years as the equivalent of an associate broker in the preceding 60 months, verified by the applicant’s qualifying broker or equivalent; remaining education, experience and acknowledgement requirements apply.
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
National waiver
The national broker examination may be waived on the documented statutory and Commission-rule terms; it remains the named currently offered national exam slot.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Prior licensure
Currently or previously licensed elsewhere; provide certified license history and evidence of equivalent education.
Supervisory documents
Submit acknowledgement affidavit and supervisory plan under 16.61.3.12; these are not required when supervised by another qualifying broker.
Transactional experience
Document 100 transaction points and at least one transaction in each of four preceding years, excluding personally owned property. The Commission may grant the limited waiver of up to 30 points and annual transaction requirement under 16.61.3.10(F)(3)(i).
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Conversion of a general expedited provisional licence through renewal
New Mexico real estate broker’s examination
Accepted jurisdiction
Acceptance is subject to the Commission’s rule-based approved/disapproved jurisdiction lists under 61-1-31.1(D); no other jurisdiction’s licensing requirements are researched.
Background check
Provide fingerprints/background-check information if required.
Conversion
Before the provisional term ends, apply for regular licensure through the renewal process and satisfy ordinary continuing-education/renewal conditions.
Deferred examinations
61-1-31.1(C) permits a Commission-required initial state or national examination omitted by the former licensing jurisdiction to be required before renewal. 16.61.3.9 identifies the state broker and national broker examinations. The discretionary timing/waiver is a condition.
Existing licence
Hold a licence current and in good standing from another licensing jurisdiction.
Experience
Have practised and held an active licence for the period New Mexico law requires for the corresponding licence.
Insurance
Maintain the required New Mexico errors and omissions insurance for active practice.
Provisional term
One year unless the Commission lawfully allows a longer initial term or extends for extenuating circumstances.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Reactivation from inactive status
No examination is required for this applicant pathway.
Affiliation
Associate brokers must affiliate with one qualifying broker; an initially inactive associate must complete the new broker business practices or CCIM 101 course before first activation.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Insurance
Provide a current errors and omissions certificate before activation.

Official no-examination sources

Effective from 2026-09-22.

Qualifying broker licensure under a written recognition agreement
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board recognition exemption
The Commission rule 16.61.3.9(B)(4) states: "(4) License applicants currently licensed by state or jurisdiction with which the commission has a written license recognition agreement are not required to take any of the prescribed pre-licensing courses or take either portion of the broker’s examination to be eligible to apply for a New Mexico broker’s license.". The current licensing page also states its recognition-agreement exemption.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Controlling examination requirement
61-29-9(B) requires passing the broker examination and (B)(2) authorizes a national-portion waiver while retaining the state portion. The lower-ranked recognition rule exempts both portions; under the contract’s source-ranking rule, the registered state examination remains a leaf and the rule’s exemption is an applicant condition.
Education
Complete the 30-hour brokerage office administration course, including its instructor-created course examination, eight hours of forms or approved contracts courses, eight hours of core electives, and the Commission meeting/hearing attendance required by 16.61.3.11. The instructor-created assessment is a course condition, not an independently identified licensing examination.
Examination timing
The same currently offered state broker examination is involved even if already passed for associate licensure; a New Mexico associate broker upgrading is exempt from the national portion under 16.61.3.9(B)(2).
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Qualifying requirements
16.61.3.10(E) requires an out-of-jurisdiction qualifying-broker applicant to meet the remaining experience, education and acknowledgement requirements.
Recognition agreement
Hold a current licence in a jurisdiction covered by a written New Mexico recognition agreement; only the New Mexico Commission’s adoption is researched.
Supervisory documents
Submit acknowledgement affidavit and supervisory plan under 16.61.3.12; these are not required when supervised by another qualifying broker.
Transactional experience
Document 100 transaction points and at least one transaction in each of four preceding years, excluding personally owned property. The Commission may grant the limited waiver of up to 30 points and annual transaction requirement under 16.61.3.10(F)(3)(i).
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Relicensure more than one year after expiration
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Education
Complete applicable current prelicensure requirements, with any Commission-authorized prior-licensure waivers recorded as conditions.
Expired licence
More than one year since expiration; all prelicensure requirements apply under 16.61.11.8(D).
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Unregistered national broker examination
PSI Real Estate Broker Examination — National Portion (Real Estate Principles and Practices) is currently required or accepted by the state sources, subject to the stated national-portion waiver. It is not registered in the frozen context, which contains only Pearson VUE and PSI salesperson national versions. A salesperson national exam is not substituted for this broker examination.
Triennial licence renewal
No examination is required for this applicant pathway.
Continuing education
36 hours for associate brokers or 42 hours for qualifying brokers per three-year cycle; annual four-hour core course, four ethics hours, and four associate/eight qualifying core-elective hours. Qualifying brokers also require the refresher course and meeting/hearing attendance. Statutory grandfathered continuing-education exemptions and rule-approved alternatives are applicant conditions.
Renewal date
Renew before the last day of the month following the birth month; pay the applicable fee and satisfy background review.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement following child support compliance
No examination is required for this applicant pathway.
Compliance
Present the subsequent statement of support compliance; satisfy any additional Commission reapplication/reinstatement conditions for a lapsed licence. An expired licence follows the separately recorded expired-licence route.

Official no-examination sources

Effective from 2026-09-22.

Upgrade from New Mexico associate broker — nonsupervisory
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Education
Complete the 30-hour brokerage office administration course, including its instructor-created course examination, eight hours of forms or approved contracts courses, eight hours of core electives, and the Commission meeting/hearing attendance required by 16.61.3.11. The instructor-created assessment is a course condition, not an independently identified licensing examination.
Examination timing
The same currently offered state broker examination is involved even if already passed for associate licensure; a New Mexico associate broker upgrading is exempt from the national portion under 16.61.3.9(B)(2).
Experience
At least two years active associate-broker experience in the preceding 60 months; do not supervise other brokers until the four-year requirement is met.
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Supervisory documents
Submit acknowledgement affidavit and supervisory plan under 16.61.3.12; these are not required when supervised by another qualifying broker.
Transactional experience
Document 100 transaction points and at least one transaction in each of four preceding years, excluding personally owned property. The Commission may grant the limited waiver of up to 30 points and annual transaction requirement under 16.61.3.10(F)(3)(i).
Upgrade from New Mexico associate broker — supervisory
New Mexico real estate broker’s examination
Age
Have reached the age of majority (61-29-9(B)).
Application
Apply on the Commission form with prescribed documentation and applicable fees; 61-29-10(A)(1) also states the recommendation of two reputable citizens who own real estate in the county of residence.
Application deadline
Apply within six months after passing the applicable portions; otherwise retake under 16.61.3.9(C)(1)-(2). The Commission page describes a possible reasonable-explanation exception, retained as its stated implementation.
Board residency statement
61-29-9(B), as amended effective June 18, 2021, removes U.S. legal residency as a statutory qualification. The Commission licensing page nevertheless states: "An applicant shall be a legal resident of the United States and have reached the age of majority."; this is retained as the Board’s stated application demand.
Character
Meet lawful licensing requirements and be of good repute and competent to safeguard the public; Commission may request information establishing honesty, trustworthiness and competency (61-29-9(A),(E)).
Education
Complete the 30-hour brokerage office administration course, including its instructor-created course examination, eight hours of forms or approved contracts courses, eight hours of core electives, and the Commission meeting/hearing attendance required by 16.61.3.11. The instructor-created assessment is a course condition, not an independently identified licensing examination.
Examination timing
The same currently offered state broker examination is involved even if already passed for associate licensure; a New Mexico associate broker upgrading is exempt from the national portion under 16.61.3.9(B)(2).
Experience
Four years active associate-broker experience in the preceding 60 months; supervision requires four years of active equivalent licensure under 61-29-9(D).
Fingerprinting
Applicants and associate brokers upgrading to qualifying broker must be fingerprinted; the rule requires fingerprints no earlier than 21 days before submission (16.61.7.8).
Insurance
Active applicants must provide current errors and omissions coverage complying with 16.61.5 NMAC; inactive status does not require an active policy.
Passing window
16.61.3.9(B)(8) requires passing both applicable portions with minimum score 75 within 90 calendar days after first taking the examination. PSI instead says within 90 days of passing the first examination; the higher-ranked rule controls.
Supervisory documents
Submit acknowledgement affidavit and supervisory plan under 16.61.3.12; these are not required when supervised by another qualifying broker.
Transactional experience
Document 100 transaction points and at least one transaction in each of four preceding years, excluding personally owned property. The Commission may grant the limited waiver of up to 30 points and annual transaction requirement under 16.61.3.10(F)(3)(i).

New Mexico real estate broker’s examination

Provider
PSI Services LLC
Format
Computer-administered written examination
Exam questions
50 scored questions; the bulletin also permits unscored experimental questions.
Time limit
60 minutes
Passing score
38 correct answers; Commission rule requires a minimum score of 75.
Examination outline
  • Real Estate Commission (6 items)
    • Purposes, Powers, and Duties
    • License Law Violations, Investigations, and Audit of Records
    • Hearings, Penalties, and Appeals (Uniform License Law)
  • Licensing Requirements (7 items)
    • Activities Requiring License
    • Activities Requiring License — Limitations on activities of Unlicensed Assistants
    • Activities Requiring License — Exceptions to licensure requirement
    • Qualifications for Licensure
    • Qualifications for Licensure — Education Requirements/Post-license, CE
    • Qualifications for Licensure — Criminal Background checks/Fingerprinting
    • Qualifications for Licensure — Licensing Procedure
    • Qualifications for Licensure — Errors and Omissions Insurance
    • Qualifications for Licensure — Qualifying Broker experience requirements
    • License Renewal and Transfer Requirements
    • License Renewal and Transfer Requirements — Affiliation transfer
    • License Renewal and Transfer Requirements — Change of name or of physical or email address
  • Real Estate Commission Regulations (15 items)
    • Qualifying and Associate Broker Responsibilities
    • Qualifying Broker/Associate Broker Relationships, Employment and Independent Contractor Agreements
    • Advertising and Signage
    • Record Keeping
    • Property Management
    • Property Management — Definition of Property Management
    • Property Management — Time Issues
    • Property Management — Requirement for written agreement
    • Property Management — Must be under auspices of Qualifying Broker
    • Property Management — Property Management trust accounts and commingling issues
  • Broker Duties, Disclosure and Brokerage Relationships (15 items)
    • Honesty, Reasonable Care and Professional and Ethical Conduct
    • Compliance with Local, State, and Federal Laws (other than Fair Housing & Anti-Discrimination)
    • Performance of Written Agreements
    • Assistance to Clients and Customers in Completing Transactions
    • Requirement to Advise Legal or other Expert Consultation if Needed
    • Prompt Accounting for Money and Property
    • Written Disclosure of Existing Brokerage Relationships, Personal Interest in Transaction
    • Written Disclosure of Adverse Material Facts
    • Confidentiality in Brokerage Relationships
    • Types of Brokerage Relationships Available in New Mexico
  • Additional State-Required Topics (7 items)
    • New Mexico Property Taxes
    • New Mexico Mechanic’s Liens
    • Septic systems
    • Water rights issues (well and surface rights)
    • New Mexico Human Rights Act
    • PID disclosures
    • HOA disclosures
Examination sources