Fees
The following required fees must be submitted at the time of filing an application or other form. An application or other form submitted without the appropriate fees will be considered incomplete and will be retuned to the applicant. The following fees should be submitted either by cash, check, or money order, payable to the New Mexico Real Estate Commission or you may fill out a Credit Card Authorization Form and submit it with your application.
Exams
License Application
| Assocaite Broker License (3 year license) |
$270 |
| Qualifying Broker License (3 year license) |
$270 |
| Upgrade from Associate Broker to Qualifying Broker |
No fee required |
| Additional Qualifying Broker License |
$90 per year |
| Depending on point in licensing cycle. Contact Licensing Manager at (505) 222-9826 for details. |
License Renewal
| Assocaite Broker Renewal (3 year renewal) |
$270 |
| Qualifying Broker Renewal (3 year renewal) |
$270 |
| Late Renewal Fee |
$810 |
|
(includes $270 renewal fee and $540 penalty. License can be Renewed with a late fee up to one year after expiration.
|
Other Fees
| License Transfer (Associate Broker moving to a new brokerage) |
$20 |
| Trade Name Registration (
Qualifying Broker only, registering or
changing qualifying broker or brokerage trade name, changing
brokerage address) |
$20 |
| License History (Verification of licensure, education, disciplinary action) |
$25 |
