New Mexico Real Estate Exam Prep

The New Mexico License Professor is New Mexico’s number one provider of high quality real estate knowledge designed to help YOU pass your New Mexico real estate exam the first time. Explanations and feedback given by the New Mexico License Professor is provided by real estate license instructors and professional realtors from across New Mexico, including Albuquerque, Las Cruces, and Rio Rancho. Thousands of students have already aced their New Mexico estate exam by preparing with the New Mexico License Professor.

New Mexico State Licensing

The New Mexico Real Estate Commission registers and regulates real estate associate broker (sales agents) and brokers and has its real estate licensing exam administered by PSI. Our New Mexico real estate prep exams cover all of the necessary fundamentals for both the state and national portion of the PSI exam.

What are the New Mexico NATIONAL Licensing Exam Topics?

  1. Property Ownership
  2. Land Use Controls and Regulations
  3. Valuation and Market Analysis
  4. Financing
  5. General Principles of Agency
  6. Property Condition and
  7. Disclosures
  8. Contracts
  9. Transfer of Title
  10. Practice of Real Estate
  11. Real Estate Calculations
What are the New Mexico STATE Licensing Exam Topics?                    
  1. Real Estate Commission
  2. Licensing Requirements
  3. Real Estate Commission Regulations
  4. Broker Duties, Disclosure and Brokerage Relationships
  5. Additional State-Required Topics

New Mexico License Package Features

0 +

New Mexico Specific Questions

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Full Exams

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Interactive Study Modes

(Learning, Exam, & Flash Card)

Specific Math and Definition Exams

Prepare for Both State and National Exams

Practicing real estate exam questions with the New Mexico License Professor will:

  • Increase your understanding of course material
  • Improve your exam comfort, familiarity, and completion speed
  • Start preparing immediately as there is no software to be delivered
  • Work from home comfortably (slippers allowed): Study wherever and whenever you desire
  • Have no need to attend expensive exam prep classes or real estate license school

The content for each New Mexico real estate exam has been extensively planned out by the New Mexico License Professors editorial staff; professionals who teach real estate license courses all over New Mexico. Through their valuable years of instructional experience they have created a series of practice tests that help future realtors prepare for their real estate exam. Don’t set up to fail. Pass the New Mexico real estate exam using the excellent practice exams and informative feedback that the New Mexico License Professor’s system provides. And don’t forget – we have a 100% money back guarantee!

Topics Covered in our Package

New Mexico exam questions and our comprehensive glossary cover all real estate topics, including:

  1. Introduction to the Real Estate Business
  2. Real Property and the Law
  3. Concepts of Home Ownership
  4. Agency
  5. Real Estate Brokerage
  6. Listing Agreements and Buyer Representation
  7. Interests in Real Estate
  8. Forms of Real Estate Ownership
  9. Legal Descriptions
  10. Real Estate Taxes and Other Liens
  11. Real Estate Contracts
  12. Transfer of Title
  13. Title Records
  1. Real Estate Financing: Principles
  2. Real Estate Financing: Practice
  3. Leases
  4. Property Management
  5. Real Estate Appraisal
  6. Land-Use Controls and Property Development
  7. Fair Housing and Ethical Practices
  8. Environmental Issues and Real Estate Transactions
  9. Closing the Real Estate Transaction
  10. Real Estate Math
  11. New Mexico Law and Practice

Associate Broker License Requirements

Individuals who perform acts of real estate services in New Mexico must be licensed by the Real Estate Commission. A associate broker license gives you the ability to work in the office of a real estate broker as an employee or independent contractor. For the purposes of the License Professor, a associate broker is similar to sales agents in other states. Purchasing the sales agent package and selecting New Mexico will provide you with national questions as well as New Mexico-specific associate broker questions.

Minimum Requirements to Apply for the Associate Broker License

  • You must be at least 18 years of age to get a license
  • Be a legal resident of the United States
  • If currently or previously licensed in another state, submit a certified license certificate or certified license history
  • Candidates for the real estate broker’s examination must document completion of 90 credit hours of commission approved real estate pre-licensing courses consisting of one 30 credit-hour course each in Real Estate Principles and Practice, Real Estate Law, and Broker Basics prior to taking the examination. A written course waiver from the Commission Education Director can also serve to make this requirement.

Curious about how it works?

Take our free sample real estate exam so you can see exactly what you are signing up for. Just remember that you get access to the entire databank with 1600+ questions specific to New Mexico.

Broker License Requirements

A New Mexico Real Estate Broker License is required of individuals who want to who perform acts of real estate services in New Mexico. A broker license would allow you to operate your own real estate business or act as a broker for a corporation or partnership. Purchasing the broker package and selecting New Mexico will provide you with national exam prep questions as well as New Mexico-specific broker practice questions.

Minimum Requirements to Apply for the Broker License

  • Be at least 18 years of age
  • Be a legal resident of the United States
  • If currently or previously licensed in another state, submit a certified license history
  • Have met one of the following requirements:
    • shall have been actively engaged in 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 120 hours of commission approved pre-licensing courses, including one 30 credit-hour course each in Real Estate Principles and Practice, Real Estate Law, Broker Basics, and a Brokerage Office Administration course, and shall have passed the Broker’s examination.
    • individuals with current licenses who can document that they were New Mexico qualifying brokers on or before December 31, 2005 are not subject to the requirements in paragraph D (1) above and may regain qualifying broker status by filing a Trade Name Registration Form (found at the “Forms” link of the New Mexico Real Estate Commission web site) and paying the $20 trade name registration fee to the Commission; or
    • individuals who automatically became associate brokers on January 1, 2006 pursuant to 16.61.31.8(D) 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.

Still undecided?

Take our free sample real estate exam so you can see exactly what you are signing up for. Just remember that you get access to the entire databank with 1600+ questions specific to New Mexico. 

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Frequently Asked Questions

We know you may still have a number of questions about obtaining your real estate license in New Mexico. Here are the most commonly asked ones. If you still have questions, just go to our contact page and let us know. 

The associate broker exam contains 75 national questions (80 points) and 50 state-specific questions. You must correctly answer at least 60 of the national questions and 38 of the state specific questions to pass. 

The broker exam contains 75 national questions (80 points) and 50 state-specific questions. You must correctly answer at least 60 of the national questions and 38 of the state specific questions to pass. 

Just because you have a criminal record, it does not mean that you will be prevented from receiving your license. It is always best to provide details on your application. If you are unsure, you can always call the commission to clarify what type of convictions are allowed, and which are not. 

You are given a total of 3 hours for the associate broker exam. You are are allowed 120 minutes (2 hours) for the national portion and 60 minutes (1 hour) for the state portion, for a total of 180 minutes (3 hours).

You are given a total of 3 hours for the broker exam. You are are allowed 120 minutes (2 hours) for the national portion and 60 minutes (1 hour) for the state portion, for a total of 180 minutes (3 hours).