How to Get a Real Estate License in New Mexico
New Mexico requires 90 hours of pre-licensing education and operates on a three-year renewal cycle with one of the higher continuing education requirements: 36 hours every three ye…
New Mexico requires 90 hours of pre-licensing education and operates on a three-year renewal cycle with one of the higher continuing education requirements: 36 hours every three years. The New Mexico Real Estate Commission (NMREC) operates under the Regulation and Licensing Department, using PSI for the licensing exam. The state offers two distinct market environments: Albuquerque provides more affordable, higher-volume residential transactions, while Santa Fe's luxury and second-home market — driven by art collectors, retirees, and buyers seeking Southwest architecture and culture — operates at a significantly different price point and client profile.
New Mexico — At a Glance
Pre-License Hours
90 hrs
Minimum Age
18 yrs
Exam Provider
PSI
Renewal
Every 3 yrs
CE at Renewal
36 hrs
Est. Total Cost
$300–$900