CredentialCompassJump to FAQ
Verified 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 17, 2026

Current

Application Fee

See agency

Exam Requirement

No exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Real Estate Appraiser in New Mexico

Estimated timeline: Varies by board

Core Requirements

  1. 1

    Education: Varies by state board.

  2. 2

    License Type: Stand-alone license.

Exam and processing details

  • No exam required

Application Snapshot

  1. Licensing Authority

    New Mexico Regulation & Licensing Department • Boards and Commissions Division • New Mexico Real Estate Appraisers Board

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $51,860 median (21% below national)

  5. State Salary Rank

    #43 of 50 states

Step-by-Step Process (4)

  1. 1. Meet New Mexico eligibility requirements for Real Estate Appraiser licensure.
  2. 2. Complete required education or training (Education: Varies by state board.).
  3. 3. Pass required examination steps: No exam required.
  4. 4. Submit the application to New Mexico Regulation & Licensing Department~Boards and Commissions Division~New Mexico Real Estate Appraisers Board and monitor board communications.

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 Varies by board.

State Hiring Climate (QCEW)

Steady

QoQ Employment Change

+0.9%

Average Weekly Wage

$1,189

Median annual salary

$51,860

Hourly estimate

$24.93
21% below national median

Difference: -$13,560

Percentile Distribution

Annual compensation
  • P1010th percentile$38,110
  • P2525th percentile$44,980
  • P50Median$51,860
  • P7575th percentile$68,140
  • P9090th percentile$80,090

State vs National Median

State: $51,860
National: $65,420

Total employment: 630 | Annual openings: N/A

Real Estate Appraiser Salary Ranking

#43 of 50 statesfor Real Estate Appraiser median salary
RankStateMedian Salary
#1California$91,400
#2New Jersey$89,890
#3Massachusetts$87,280
#4Connecticut$84,100
#5Alaska$81,540

Nearby States Comparison

Real Estate Appraiser licensing across the region
StateMedian SalaryEducationExamTimeline
New Mexico$51,860Varies by state boardNo exam requiredVaries by board
Colorado$64,260Specific course requiredThird-party exam requiredVaries by board
Oklahoma$48,760Degree requiredState exam requiredVaries by board
Texas$63,960Specific course requiredNo exam requiredVaries by board
Arizona$60,050Varies by state boardState-approved examVaries by board
Utah$59,920Varies by state boardState-approved examVaries by board

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
New Mexico68MediumState-specific exam conditions may apply.
Colorado68MediumState-specific exam conditions may apply.
Oklahoma68MediumState-specific exam conditions may apply.
Texas68MediumState-specific exam conditions may apply.
Arizona78HighBoard-specific review required.
Utah78HighBoard-specific review required.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

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

ProfessionMedian SalaryEducationTimeline
Architect$77,070Specific course requiredVaries by board
Audio and Video Technicians$48,210Specific course requiredVaries by board
Certified Public Accountant$77,420Degree requiredVaries by board
Civil Engineer$104,600Degree requiredVaries by board

FAQ

How long does it take to become a Real Estate Appraiser in New Mexico?

Most applicants finish the licensing path in about Varies by board, 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. 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/.

How often do you renew a Real Estate Appraiser license in New Mexico?

Current guidance indicates a renewal cycle of See board renewal rules.