- Duration: 30 hours
How to Get a New Mexico Qualifying Broker Real Estate License
Requirements to Obtain a Qualifying Broker License:
- Non-Supervisory Qualifying Broker applicant must have been active as an Associate Broker or Salesperson for at least two of the last five years.
- Supervisory Qualifying Broker applicant must have been active as an Associate Broker or Salesperson for at least four of the last five years
- To obtain your license, you will need to complete:
- Broker Basics (30 Credit Hours) (not required if licensed as an Associate Broker in New Mexico after January 2006)
- Brokerage Office Administration (30 Credit Hours)
- Documented qualifying transactional experience totaling 100 points, with at least one transaction accomplished during each of the four years.
- Completion of the eight-hour Understanding and Using RANM Forms course, or at least eight hours of other commission approved contract courses
- Completion of a minimum of eight hours of elective courses in the professional track of the applicant
- Attendance at one New Mexico real estate commission meeting, public hearing, or disciplinary hearing
- For more information regarding the application process please visit: New Mexico Boards and Commissions
The New Mexico Real Estate Commission requires a background check on all applicants for Brokers license (new or renewal). Fingerprinting is a required part of the background check and is handled through the Live Scan system administered by 3M Cogent.
You must register at www.cogentid.com before you complete the live fingerprint scan for matching with a national arrest record database. Fingerprinting shall be done no earlier than 21 days prior to submitting documents to apply for your license. You may find a full Fingerprint Source List for New Mexico Residents on the commission’s website at www.rld.state.nm.us/boards/Real_Estate_Commission_Requirements_and_Continuing_Education.aspx.
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