Application Fee
See agencyVerified by NM Board of Business
Real Estate Appraiser Licensing in New Mexico
Review current requirements, exam details, renewal cycle, and salary outlook for real estate appraiser in New Mexico, including See agency and board contact links.
Last verified: Feb 12, 2026
Exam Requirement
No exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Real Estate Appraiser in New Mexico
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Stand-alone license
- Education: Varies by state board
- Examination: No exam required
- Application Fee: See agency
- Experience: Affidavit or referral required
- Background Check: Background check required
- Continuing Education: Continuing education required to maintain license
Application Snapshot
- Licensing Authority
New Mexico Regulation & Licensing Department • Boards and Commissions Division • New Mexico Real Estate Appraisers Board
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$51,860 median (21% below national)
- State Salary Rank
#43 of 50 states
Step-by-Step Process (4)
- 1. Meet baseline eligibility requirements.
- 2. Complete approved education/training requirements.
- 3. Pass required exam(s) and submit application.
- 4. Maintain and renew license according to board rules.
Salary Insights in New Mexico
With a median salary of 51,860, Real Estate Appraisers in New Mexico earn 21% below the national median of $65,420. New Mexico ranks #43 among 50 states. The typical licensing timeline is 6-24 months.
Median annual salary
$51,860Hourly estimate
$24.9321% below national median
Difference: -$13,560
Percentile Distribution
Annual compensationReal Estate Appraiser Salary Ranking
#43 of 50 statesfor Real Estate Appraiser median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | California | 91,400 |
| #2 | New Jersey | 89,890 |
| #3 | Massachusetts | 87,280 |
| #4 | Connecticut | 84,100 |
| #5 | Alaska | 81,540 |
Nearby States Comparison
Real Estate Appraiser licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| New Mexico | $51,860 | Varies by state board | No exam required | 6-24 months |
| Colorado | $64,260 | Specific course required | Third-party exam required | 6-24 months |
| Oklahoma | $48,760 | Degree required | State exam required | 6-24 months |
| Texas | $63,960 | Specific course required | No exam required | 6-24 months |
| Arizona | $60,050 | Varies by state board | State-approved exam | 6-24 months |
| Utah | $59,920 | Varies by state board | State-approved exam | 6-24 months |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| New Mexico | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Colorado | 56 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| Oklahoma | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Texas | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Arizona | 78 | High | Board-specific review required. |
| Utah | 78 | High | Board-specific review required. |
- License status indicator: Active.
- Continuing education indicator: Continuing education required to maintain license.
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
New Mexico Regulation & Licensing Department • Boards and Commissions Division • New Mexico Real Estate Appraisers Board
5500 San Antonio Drive NE, Suite B, Albuquerque, NM, 87109
Phone: 5052229820
Related Careers in New Mexico
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $77,070 | Specific course required | 6-24 months |
| Certified Public Accountant | $77,420 | Degree required | 6-24 months |
| Civil Engineer | $104,600 | Degree required | 6-24 months |
| Financial Advisor | $77,710 | Varies by state board | 6-24 months |
FAQ
How long does it take to become a Real Estate Appraiser in New Mexico?
Most applicants finish the licensing path in about 6-24 months, but timing can change based on education track, exam scheduling, and board processing.
What exams are required for Real Estate Appraisers in New Mexico?
New Mexico lists No exam required as part of the licensure process for Real Estate Appraisers.
What is the typical Real Estate Appraiser salary in New Mexico?
The median annual salary for Real Estate Appraisers in New Mexico is 51,860. Salaries range from $38,110 (10th percentile) to $80,090 (90th percentile).
How does the Real Estate Appraiser salary in New Mexico compare to the national average?
Real Estate Appraisers in New Mexico earn 21% below the national median of $65,420, with a state median of 51,860.
How many Real Estate Appraisers work in New Mexico?
New Mexico employs approximately 630 Real Estate Appraisers according to BLS data.
Can I transfer my Real Estate Appraiser license to New Mexico from another state?
Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: Continuing education required to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Who is the licensing agency for Real Estate Appraisers in New Mexico?
The licensing agency is New Mexico Regulation & Licensing Department / Boards and Commissions Division / New Mexico Real Estate Appraisers Board. Review agency details at https://www.rld.nm.gov/boards-and-commissions/individual-boards-and-commissions/real-estate-appraisers/.