Real estate is a very lucrative career in New Mexico. The average associate broker makes $75,542 which is just below the national average.
You can break this down to approximately $36.32 an hour and $1,452 per week. Per month you can earn $6,295.
Real Estate License Revival and Cross-State License Equivalence in New Mexico
NM has reciprocity agreements with Massachusetts, Louisiana, and Georgia. Anyone with a real estate license in these states can apply for a pre-license education waiver.
You are also allowed to apply to bypass the education hours and exams and directly receive your New Mexico real estate license certificate.
For candidates outside these three states, if you qualify for an education waiver, you’ll only need to complete the 3 hours of Broker Basics as well as the state portion of the New Mexico real estate exams.
How Much Does a Real Estate Agent Make?
Approximately $70,000 a year.
What Are Some Facts About Real Estate Agents?
They cannot operate from state to state in the US. They help you get the best price for your property.
How Do I Transfer Real Estate License to Another State?
You cannot transfer your license to another state unless they share reciprocity laws.
Is Real Estate a Good Career Path in New Mexico? Is Training for Real Estate Agents Worth It?
Yes. You can make as much as $100,000 a year.