How To Earn A New Mexico Real Estate License
How To Earn A New Mexico Real Estate License
When it is time to earn your real estate license, the first step is making sure you are prepared. Luckily, TrainingCenter has both the required New Mexico pre-licensing courses and training programs for how to list, sell, handle real estate objections, and more.
Essentially, you'll start by taking your state-specific pre-licensing course, then passing your exam. Tips for both, as well as recommended courses, appear below.
What Does A New Mexico Real Estate Agent Do?Real Estate Agents in New Mexico help clients to purchase, rent, or sell property. This includes finding buyers and sellers, providing advice and helping to negotiate on price, and referring home inspectors or mortgage professionals - all within federal and state rules and regulations. Further, they are required to represent the best interests of their clients, whether they be buyers or sellers.
Additionally, depending upon whether representing the buyer or the seller, agents can recommend an appropriate selling price, market the property, negotiate offers, attending and/or reviewing the home inspection and appraisal, provide feedback on comparable sales.
The Benefits Of Having A New Mexico Real Estate LicenseThere are many benefits to having a real estate license. While helping to serve your community find their "dream house", you also benefit from flexible hours and the opportunity to have high earnings via your commissions. For those who invest in real estate, having a license gives you early access to properties as they become available.
About Our New Mexico Real Estate Licensing Courses And Exam Prep Materials
We offer New Mexico real estate license training courses that fulfill New Mexico's pre-license education requirements. Our New Mexico training and exam prep materials are delivered in an easy-to-understand manner that provides important insights and valuable exam tips and strategies covering New Mexico's rules and regulations for New Mexico real estate licensing. You receive:
- Both Print And Online Course Materials
- Sample Exams
- Exam Prep Materials
- Instructor Support
When you have completed the training materials, make sure to take as many practice exams as possible. This will help you to pinpoint and overcome problem areas, and ensure that you pass your New Mexico real estate licensing exam on the first try!
Recommended New Mexico Real Estate Licensing Courses And Exam Prep Materials
You'll find the real estate licensing courses you need here at TrainingCenter. We offer state-approved courses that can meet the New Mexico pre-licensing requirement.
To find the right state-approved course for you, simply select "Licensing" and your state from the search box below. Good luck earning your New Mexico Real Estate License!
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About The New Mexico Real Estate License Requirements
To help with how to get a real estate license in New Mexico, we have provided below information on New Mexico licensing requirements, its insurance department, and examination scheduling facilities, as well as info on what is on the exam and tips for passing it.
Topics on the New Mexico Real Estate License ExamThe New Mexico real estate licensing exam is composed primarily or multiple choice questions covering both national and state-specific information. Exam topics include real estate law, ownership, land use controls and regulations, disclosures, valuation, financing, titling, taxes, and contracts.
New Mexico Real Estate CommissionAddress: Toney Anaya Building
2550 Cerrillos Road, Santa Fe, NM 87505
Phone: (505)476-4500
Website: http://www.rld.state.nm.us/boards/Real_Estate_Commission_Requirements_and_Continuing_Education.aspxExamination SchedulingProvider: PSI Exams
Website: https://candidate.psiexams.com/New Mexico Real Estate License Requirements
The following lists any applicable pre-licensing, continuing education, renewal, and reciprocity requirements for New Mexico real estate licensing.
Real Estate Education Requirements: - New Mexico associate real estate broker license: 90 hours
- New Mexico qualifying real estate broker license: 30 hours
State Reciprocity: New Mexico currently has reciprocal agreements with Georgia, Louisiana, and Massachusetts. Licensees from these are not required to take a pre-license course.
Continuing Education And/Or License Renewal Requirements:- Brokers in New Mexico must renew their real estate license every three years from the date the Commission issued their license
- Brokers must take 30 hours of real estate CE classes, including 8 hours of mandatory topics
- The New Mexico 8-hour core course and the 6-hour qualifying broker refresher course cannot be taken online
- Of the 22 elective CE hours that can be completed online, a maximum of 10 credit hours may be credited toward the CE requirement from approved training category courses
- At least 12 hours must be taken from approved education category courses; however, all 22 credit hours may be taken from the list of Commission-approved education category courses
Good luck passing your New Mexico real estate licensing exam!
Disclaimer: This information provided is based on state laws and regulations, and is subject to change. While we make every effort to asure this information is current and accurate, it is not engaged in rendering legal or professional advice, and shall not be held responsible for inaccuracies contained herein.
