Increased Attendance of Licensees at NMREC Meetings May Require a Larger Room -- More than 100 Licensees attended the March 19th Meeting of the Commission. Standing Room only!
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New Mexico Real Estate Commission Warns of Time Share Scam
Santa Fe - The New Mexico Real Estate Commission is advising consumers and real estate brokers alike to be on the lookout for timeshare scams in which owners of timeshares are cold called, mailed or emailed solicitations from an unlicensed business entity purporting to be a full service property management company, real estate brokerage or title and escrow company that lists and sell timeshares. For more, click the following link:
OVERVIEW
MISSION OF THE NMREC
The mission of the New Mexico Real Estate Commission is to protect the public and enhance the professional competence of real estate brokers. The New Mexico Real Estate Commission was created by state law in 1959 and charged with enforcing the Real Estate License Law and the Real Estate Commission Rules.
The real estate industry in New Mexico is one of the largest economic activities in the state. Through upturns and downturns, real estate professionals in New Mexico remain committed to the highest standards in professionalism.
Commission Make Up
The New Mexico Real Estate Commission is comprised of five members appointed by the Governor. Four of the members are licensed New Mexico real estate brokers, and one is a non-broker public member appointed to bring a consumer perspective to the Commission.
Primary Responsibilities
The Commission’s primary responsibilities include:
- Issuance, renewal, and transfer of real estate broker’s licenses.
- Establishment and enforcement of real estate broker pre-licensing and continuing education requirements.
- Certification of providers of real estate broker education.
- Investigation and adjudication of consumer and real estate broker complaints about potential and actual violations of the Real Estate License Law and Commission Rules.
- Education of consumers and real estate brokers about the Real Estate License Law and Commission Rules.
Contact Information:
Real Estate Commission
5500 San Antonio Dr. NE Suite B
Albuquerque, New Mexico 87109
(505) 222-9820
TOLL FREE: 1-800-801-7505
Staff Directory
(Clicking on the name of the staff member below will take you to their email).