Application Fee
See agencyVerified by NM Board of Business
Real Estate Agent Licensing in New Mexico
Review current requirements, exam details, renewal cycle, and salary outlook for real estate agent in New Mexico, including See agency and board contact links.
Last verified: Feb 12, 2026
Exam Requirement
State exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Real Estate Agent in New Mexico
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Stand-alone license
- Education: Specific course required
- Examination: State exam required
- Application Fee: See agency
- Experience: No experience 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 • Boards and Commissions Division
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$79,790 median (42% above national)
- State Salary Rank
#5 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 79,790, Real Estate Agents in New Mexico earn 42% above the national median of $56,320. New Mexico ranks #5 among 50 states. The typical licensing timeline is 6-24 months.
State Hiring Climate (QCEW)
SteadyQoQ Employment Change
+0.9%Average Weekly Wage
$1,189Median annual salary
$79,790Hourly estimate
$38.3642% above national median
Difference: +$23,470
Percentile Distribution
Annual compensationReal Estate Agent Salary Ranking
#5 of 50 statesfor Real Estate Agent median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | New York | 97,440 |
| #2 | Alaska | 85,800 |
| #3 | Massachusetts | 85,170 |
| #4 | Vermont | 82,630 |
| #5 | New Mexico | 79,790 |
Nearby States Comparison
Real Estate Agent licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| New Mexico | $79,790 | Specific course required | State exam required | 6-24 months |
| Colorado | $61,690 | Specific course required | Third-party exam required | 6-24 months |
| Oklahoma | $56,320 | Specific course required | State exam required | 6-24 months |
| Texas | $50,150 | Specific course required | Third-party exam required | 6-24 months |
| Arizona | $53,370 | Varies by state board | State-approved exam | 6-24 months |
| Utah | $55,380 | 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 • Boards and Commissions Division
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 Agent 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 Agents in New Mexico?
New Mexico lists State exam required as part of the licensure process for Real Estate Agents.
What education do you need to become a Real Estate Agent in New Mexico?
The board typically expects Specific course required for Real Estate Agent licensure in New Mexico.
What is the typical Real Estate Agent salary in New Mexico?
The median annual salary for Real Estate Agents in New Mexico is 79,790. Salaries range from $36,080 (10th percentile) to $155,370 (90th percentile).
How does the Real Estate Agent salary in New Mexico compare to the national average?
Real Estate Agents in New Mexico earn 42% above the national median of $56,320, with a state median of 79,790.
How many Real Estate Agents work in New Mexico?
New Mexico employs approximately 810 Real Estate Agents according to BLS data.
Can I transfer my Real Estate Agent 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 Agents in New Mexico?
The licensing agency is New Mexico Regulation & Licensing Department / Boards and Commissions Division / Boards and Commissions Division. Review agency details at https://www.rld.nm.gov/boards-and-commissions/individual-boards-and-commissions/real-estate-commission/.