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Becoming a Real Estate Broker in New Mexico

Updated: Jan 28, 2020

They always say, write about what you know! Well if there is one thing I know, it's how to become a Realtor in New Mexico. For those of you thinking it's a simple test and nothing more, there is a lot more to it than you think! Here in New Mexico, 90 mandatory in-class hours are required. As Albuquerque is often the only place offering these courses, buckle up - you may be driving up to 4+ hours a day for 3+ months like I had to! Sometimes the classes are offered in Santa Fe or Las Crusas, depending on the time of year and availability of the instructors. I got to know Albuquerque quick driving down there 4 times a week and I got to meet some truly amazing people in the process (shoutout to my row mates: Kristen, Jordan, Eva, & Mykol, thank you for making the class fun and learning with me)!


Commuting to classes half across the state was the easy part, the hard part was passing the PSI test. All states require Realtor Applicants to pass the National PSI Exam & State PSI Exam. After your coursework has been completed and you have passed all of your in-class testing, the big PSI test will cost you a few hundred dollars and is often hard to beat for some. Having taken it once before in Oregon a few years prior, I slightly knew what to expect and I luckily passed the first time I tried in New Mexico.


I spent every weekend up until the test, studying with friends, flash cards or reading exam prep books. I came into the classes and tests with extreme determination, I even blasted the Rocky Fight theme song outside my testing facility to make sure I went in with a warrior mentality (as per my instructor Brandon's suggestion, shout out to Brandon he's the best teacher at Kaplan). Brandon's suggestion worked for me and I passed the test Nov 12, 2019! Many of my fellow classmates did not share the same luck, and had to re-pay to re-take the test (this can get expensive quick!). 6 months in and $3k later, I passed the test and finally received my license! Another few thousand to join the Realtor's association, get a headshot, business cards, signs made and marketing material paid for, etc! It is not a cheap or easy endeavor to become a licensed Broker in the state of New Mexico! Getting your license is a wonderful endeavor, but I highly suggest doing some serious planning for it as it is costly and very time consuming.


One of the happiest days of my life was receiving my Realtor's License and becoming 'Active' in my status with the Santa Fe Realtors Association on Dec 14, 2019. After nearly 10 years of putting this dream off, I could not be more proud of myself for achieving this goal! Now the real work can begin and I can begin to see all of my hard work pay off through getting back to work and doing something wonderful with my time and life: helping others buy and sell their biggest asset in life, their home!


As I continue to educate and elevate myself in the art of Real Estate, I hope my name comes to your mind for your next transaction. The greatest gift I could receive is a referral from you! Please reach out regarding your next move, I would love to assist you. Jenna@ExitAdvantageNM.Com or 505-333-9705.


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