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New Mexico Real Estate Commission

New Mexico Real Estate Commission, NMREC falls under the New Mexico Regulation and Licensing Department along with other industries. Issuing of real estate license is the main work that is done by the NM Real Estate Commission. Along with this complaints and pre licensure and post licensure education is also taken care of by the real estate commision. It also enforces Commission rules and regulations and NM Real Estate License Law. New Mexico Real Estate Commission has five members. One is a from the public and four members are licensed real estate brokers. All the members are appointed by the Governor.

Now if you want to get, renew or transfer your real estate license then real estate commission in NM is to be contacted. Two types of licenses i.e of associate brokers and qualifying brokers are given and requirement of examination of both the categories is different. For the exam the applicant should be 18 years of age and resident of US. Apart from this if the applicant has the license in other state then the certified license history also need to be submitted.

Complaint process is also very simple. For this complainant needs to send the complaint in the written form, which should be duly signed. New Mexico Real Estate Commission does not accept the complaints via e-mail. Now the practices that break laws and regulations come under the jurisdiction of NM Real Estate Commission. For unethical practices New Mexico Association of Realtors should be contacted. It is the real estate brokers, salespersons, timeshare developers and unlicensed persons in this profession, against whom the complaint can be filed. The Enforcement Division after receiving the complaint review it. To start the investigation copy of the complaint is also mailed to the concerned broker or salesperson. If the allegations are proved then the disciplinary action that includes suspension, revocation or administrative penalty. New Mexico Real Estate Commission also keeps the Real Estate Recovery Fund, which is used whenever required.

Consumers are further helped as Real Estate Commission, New Mexico also gives information on Real Estate License Law and Commission Rules to them. Better understanding of all these things help them to get the quality services from the professional brokers. For more information on the New Mexico Real Estate Commission you can also contact the agency. The contact information of the same is given by

New Mexico Real Estate Commission, NMREC
5200 Oakland Ave. NE, Suite #B
Albuquerque, NM 87113
Ph # 505-222-9820
Toll Free # 1-800-801-7505
Fax # 505-222-9886

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