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Real Estate License Exam

New Mexico Real Estate License Exam Requirements

90 hours of pre-licensing education. Exam administered by PSI Exams. Licensed by the New Mexico Real Estate Commission.

Exam Details

Licensing BodyNew Mexico Real Estate Commission
Exam ProviderPSI Exams
Pre-Licensing Hours90 hours
National Questions85 questions
State Questions50 questions
National Passing Score75%
State Passing Score75%
Exam Fee$95
Application Fee$270

Key Notes for NM

90 hours pre-licensing. New Mexico has unique land title issues tested on the state exam due to historical Spanish and Mexican land grants.

How to Prepare for the New Mexico Real Estate Exam

After completing your 90-hour pre-licensing course, dedicate 2–3 weeks to exam-specific practice before scheduling your PSI Exams appointment. Focus on the topics most commonly missed: commission and proration calculations, agency law (fiduciary duties, dual agency rules), Fair Housing Act protected classes, and contract law (offer, acceptance, consideration, contingencies). The Real Estate Prep app includes 600+ practice questions organized by topic — study on your commute, then test your readiness before booking your state exam.

Study for the New Mexico Real Estate Exam

Real Estate Prep

600+ practice questions + commission calculator — all in one iOS app.

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