New Mexico Qualifying Broker License requirements

Follow these steps in order. Deadlines and affiliation requirements can make a passed exam unusable if they are missed.

1. 1

   Document 2 of 60 months (nonsupervisory) or 4 of 60 (supervisory) plus the 100-point log

   Verified by the current qualifying broker. Do this before paying for Brokerage Office Administration.

2. 2

   Brokerage Office Administration 30 (in-class exam), NMAR/RANM forms 8, core electives 8, Commission meeting

   Named courses. Pre-2006 salesperson-grandfathered files also take Broker Basics and the NM Broker Examination.

3. 3

   Fresh fingerprints, current E&O, return the associate-broker wall license with the qualifying-broker application

   State the intended operating mode: separate trade name, current brokerage, or remain hung as associate broker under another QB.

Minimum age

18 years old

Identification

A Social Security number is required. An ITIN is not confirmed as a substitute.

Residency and identification

Live FAQ: actively licensed at least 2 of the last 60 months (non-supervisor) or 4 of the last 60 (supervisory). Live Apply page: nonsupervisory = at least two years continuous ACTIVE; supervisory = at least four years continuous ACTIVE as a New Mexico associate broker. Out-of-state managing / designated / brokerage-in-charge brokers may be equivalency applicants and still take Brokerage Office Administration. Reciprocal GA/LA/MA brokers skip prelicensing and both exam papers with a certified history.

Qualifying education

Live FAQ and live Apply page (fetched 2026-09-02). Brokerage Office Administration is a 30-classroom-hour course with an instructor-created in-class exam (10 CEUs). Understanding and Using NMAR Forms is the 8-hour contract-forms class (Apply page; FAQ still says RANM forms — same product, confirm the live course title). 8 hours of core electives. Attendance at a Commission meeting, rule hearing, or disciplinary hearing (Apply page: a Commission meeting; FAQ: meeting, rule hearing, or disciplinary hearing). NMAC 16.61.3.11 also allows live or recorded distance broadcast of the meeting, documented by signing in and out, at least three hours or until executive session. Prelicensing courses used to upgrade may count up to 10 CE hours (live CE page). Associate-broker 90 is not this file.

Education or filing deadline

Confirm live clocks on the upgrade application. Fingerprints on upgrade. E&O current.

Character review

Fresh fingerprints on upgrade plus Commission review. Same NMAC 16.61.3 disqualifying-conviction list.

Background process

Fingerprints required on upgrade. Not required on renewal of an existing license.

Experience

Live FAQ: 2 of the last 60 months (non-supervisor) or 4 of the last 60 months (supervisory) actively licensed. Live Apply page: two years continuous ACTIVE (nonsupervisory) or four years continuous ACTIVE as a New Mexico associate broker (supervisory). Plus a transactional log equaling 100 points (Apply page) / 100 points in each of the years preceding as verified by the qualifying broker (FAQ) — use the live application packet.

Broker affiliation

A qualifying broker affiliates with a brokerage (trade name). Nonsupervisory QB may operate without subordinate associate brokers; supervisory QB may sponsor them. Qualifying brokers may hold more than one license ($270 each on the live FAQ). The application must state whether the applicant will operate in a separate trade name/brokerage, work as the actual qualifying broker for the current brokerage, or continue as an associate broker under another qualifying broker (live Apply page). Return the current wall license with the application.

PSI Services (same nmre bulletin) if the Commission requires the broker paper for the upgrade. Pre-2006 salesperson-grandfathered associate brokers must pass the NM Broker Examination after Broker Basics (live Apply page). Post-2006 associate brokers already sat the broker paper at entry — confirm on the live upgrade application whether a second sitting is required rather than inventing one. · Fee: $95

Same $95 / 90-day / six-month rules if you sit. Reciprocal GA/LA/MA brokers skip both papers.

These are commission or testing-vendor amounts we can cite. School tuition and optional preparation products are private-market prices.

Live FAQ: each qualifying-broker license is $270 and must be renewed prior to expiration. Additional licenses $270 each. PSI $95 if you sit. IdentoGO $59 on the NMREC fingerprint PDF (upgrade reprints). Same not-to-exceed $270 application cap on the live Apply page. Confirm live invoice. Three-year cycle; qualifying-broker CE is 42 hours including the 6-hour QB Refresher and meeting attendance.

• !

  Filing as supervisory qualifying broker on a two-year clock

  Supervisory (subordinate associate brokers) is four years continuous ACTIVE as a New Mexico associate broker on the live Apply page. Nonsupervisory is two years and no subordinates.

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  Skipping Brokerage Office Administration or treating the associate-broker 90 as the upgrade

  Named 30 with an in-class exam. Associate-broker Principles / Law / Basics is not this course.

• !

  Skipping fresh fingerprints because you already hold an associate-broker license

  Upgrades reprint. Renewals do not.

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  Keeping the wall license

  Return it with the application. State the intended operating mode.

• !

  Renewing on the 36-hour associate-broker CE list

  Qualifying broker is 42 including QB Refresher, 8 core electives, and meeting attendance.

• !

  Expecting a Texas broker point log or an Arizona employing-broker file to swallow NMAR forms

  NMAR/RANM 8 and Brokerage Office Administration are New Mexico products. Equivalency applicants still take BOA.

Managing / designated / brokerage-in-charge equivalency applicants still take Brokerage Office Administration (live Apply page). Salespeople never ride this list.

How much experience?

Live FAQ: 2 of the last 60 months (non-supervisor) or 4 of the last 60 (supervisory). Live Apply page: two years continuous ACTIVE (nonsupervisory, no subordinate associate brokers) or four years continuous ACTIVE as a New Mexico associate broker (supervisory). Plus the 100-point transactional log.

What are the named qualifying-broker courses?

30-hour Brokerage Office Administration with an in-class exam; 8-hour Understanding and Using NMAR/RANM Forms; 8 hours of core electives; attendance at a Commission meeting (FAQ also accepts a rule hearing or disciplinary hearing). Pre-2006 salesperson-grandfathered associate brokers also take 30-hour Broker Basics and the NM Broker Examination.

Do I sit PSI again?

Pre-2006 salesperson-grandfathered files: yes, after Broker Basics (live Apply page). Post-2006 associate brokers already sat the broker paper at entry — confirm on the live upgrade application rather than inventing a second sitting. Reciprocal GA/LA/MA brokers skip both papers.

Do I fingerprint again?

Yes on upgrade. Live Apply page: fingerprints required for all NEW applications including license upgrades, not for renewal.

Can I keep the associate-broker wall license?

No. Live Apply page: return the current wall license with the qualifying-broker application.

What CE do qualifying brokers take?

Live CE page: 42 total hours per 3-year cycle including the same annual 4-hour Core, 4-hour ethics, 8 core electives (not 4), Commission meeting / rule hearing / disciplinary hearing, and the 6-hour QB Refresher, plus electives to 42. Property-management QBs add UORRA or commercial PM plus extra PM hours.

Can I hold more than one qualifying-broker license?

Yes. Live FAQ: each license is $270 and must be renewed prior to expiration. Associate brokers still hold only one.