When you’re ready to enter a career as a real estate agent, you need an online real estate school in New Mexico. It will require the right steps to go into real estate. One of those steps is getting the right education.
Choosing between the many top schools is important. With the right online real estate school, you can get the education you need and good exam prep. Let’s look at some of the best online real estate schools in New Mexico.
Top 5 Online Real Estate Schools in New Mexico
1. The CE Shop
One of the best online real estate schools in New Mexico is The CE Shop. These courses are all interactive and offer just what you need to get your license. This online real estate school offers a 96% student satisfaction rate.
All the content is updated and offers what you need to get your real estate license. You can enjoy access anywhere and anytime with The CE Shop. If you want to work full-time on the course, you can complete it in just three weeks, too.
With this online real estate school in New Mexico, you can choose from a few different packages including:
- Course Only – For $809, you will get the 30-hour real estate principles and practices, along with the 30-hour real estate law course. Both are available on-demand.
- Standard Package – For $879, you will get the courses you need, along with a national and state exam prep.
- Value Package – For $929, you will get the courses you need with exam prep, along with the building your sphere and building your real estate business courses.
Often, these courses are discounted by up to 25%. The three 30-hour pre-licensing courses you need are also available individually for $285 each.
An online real estate school in New Mexico you can trust is Kaplan. They are known for providing great education options. With this choice, you can choose the live online option or the hybrid package. Both offer everything you need with two different packages.
- Essential Associate Broker Licensing Live Online Package – Get the 90-credit hours you need with an interactive study group for $809.
- Premium Associate Broker Licensing Live Online Package -Get the 90-credit hours for your real estate license, along with national and state exam prep and an interactive study group for $959.
- Essential Associate Broker Licensing Video Package with Live Online Broker Basics – Get the entire 90-credit hours you need, along with an interactive study group with both the video and live online options for $809.
- Premium Associate Broker Licensing Video Package with Live Online Broker Basics – Get the 90-credit hours you need, along with the state and national exam prep and a study group for $959.
Regardless of which course you choose, you will be able to meet the necessary pre-licensing education in New Mexico.
3. NM Real Estate Academy
Another good option for your online real estate school comes from CNM Ingenuity, Inc. It’s called NM Real Estate Academy and offers the necessary courses you need in a full package or individually.
You can take the courses in a full series package, in an online live classroom, for $809. If you prefer to handle each course on its own, you can take each one for $299 per course. The individual courses last ten weeks.
While you cannot get the pre-licensing education you need from Mbition, you can get the exam prep materials you need. With the Exam Prep Plus option, you get a great self-paced choice for $59. You can also upgrade to the Master Exam Prep course for $129.
With the exam prep plus option, you gain access to more than 1,000 practiced questions with a testing mode and a training mode. You will also get feedback reporting to help you choose which areas to focus on.
When you choose the master exam prep course, get even more. This option will give you the real estate exam prep toolkit. This toolkit will give you even more to help you prepare for the exam.
While VanEd also doesn’t offer the pre-licensing courses you need, they do offer good exam prep options. For $59, you can get the national exam prep you need with all types of tools to help you. You get topic review, a comprehensive practice exam, varied exam questions, and more.
Frequently Asked Questions About Becoming a Real Estate Agent in New Mexico
How much can I earn as a real estate agent in New Mexico?
If you decide to become a real estate agent in New Mexico, you can expect to make about $66K per year, according to Indeed.com. This is the average salary and you may make more or less. Real estate agents are paid on commissions and the salary can range quite a bit.
ZipRecruiter.com puts the average salary at about $77K. They provide a range from about $11K to $132K. The lower end of the range likely includes part-time agents.
What basic requirements do I need to meet to become a real estate agent in New Mexico?
You must be 18 years of age, have a high school education, and be a legal resident of the United States. Once you have met these three requirements, you will need to complete the pre-licensing requirements, along with passing the exams.
What will exam day look like in New Mexico?
The real estate exam in New Mexico will be held in one of the following locations:
- Las Cruces
- Santa Fe
These locations are the only places you will be able to take the exam. You will need to arrive at least 30 minutes before your appointment time. This time is used to verify your identity, sign in, and go over the process of the exam.
What can I expect with the real estate exam in New Mexico?
The New Mexico exam will include 130 total questions. You will have three hours to complete the entire exam. The National section will include 80 total questions, while the state portion will include 50 total questions. You will have three hours to complete the exam.
It’s necessary to score a 75% on both the national and state portions to pass the exam. If you don’t pass the exam on the first attempt, you will need to register to retake the exam. You will only need to retake the section you didn’t pass. The cost is $95 to retake the course.
Both portions will need to be passed within 90 days of the first potion. If both portions are not passed within this time, you will have to retake the entire exam.
Is the real estate exam in New Mexico difficult?
Yes, it is a difficult exam and you should be well-prepared for it. About one out of four will fail the national exam the first time, while about half will fail the state exam the first time. With the right exam prep, you can avoid paying the additional retake fee and wasting time taking the exam a second time.
What is the cost to get your real estate license in New Mexico?
You will need to spend $95 to take the real estate exam, $44 for the fingerprinting, and $270 for the application fee. Along with these fees, you will need to pay for your pre-licensing education and your exam prep.
You can expect to pay anywhere from $650 to $1,500 to get your real estate license in New Mexico.
How long will it take me to get my real estate license?
You will need to spend time completing the pre-licensing education. This is the most time-consuming portion of the entire process. The fastest you will likely complete this is within three weeks. More commonly, it will take two or three months to complete this process.
Along with the pre-licensing education, you will need to complete the application, along with the background check. This process will take a few weeks to complete.
Most new agents will get their real estate license in about three to six months.
Is it possible to get a real estate license with a criminal background?
Criminal records will not necessarily keep you from getting a real estate license. The Real Estate Commission will take each of these cases under consideration. However, if you have a felony conviction less than three years ago, it’s likely that you won’t be able to get your real estate license.
If you’re ready to enter the real estate industry in New Mexico, you need to meet the requirements. Pre-licensing education is a big part of what you will need. There are many options to get your real estate education.
When you want to get your real estate license, you need the right online real estate school in New Mexico. Choosing between the options listed above will ensure you get the right education for your specific needs.