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Property Management requirements in New Mexico

Must New Mexico property management companies have a real estate broker's license?

Yes, if a property manager is going to lease, rent, or list, he or she will need a broker's license. According to the Real Estate Brokers statute, "Property Management" is defined as including - the showing, renting and leasing of real property, the collection and disbursement of funds on behalf of other persons, the supervision of employees as specified in the management agreement, the supervision of maintenance and repair work, handling of tenant relations, and/or preparation of financial reports. A "Property Manager" is defined as a broker - who, for a fee, salary, commission or other valuable consideration, is engaged in managing property for others.

Must New Mexico community association managers have a real estate broker's license?

NO. A broker's license is not required to manage community associations in New Mexico.

New Mexico Real Estate Broker Requirements:

  • Be at least 18 years of age

  • Be a legal resident of the United States

  • If currently or previously licensed in another state, submit a certified license certification or certified license history.

  • Meet the experience requirement of being actively engaged in the real estate business for at least two of the last five years.

  • Education requirement - varies depending on circumstances.

  • Pass broker's examination.

Property Management Requirements Main Page

IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.









 Featured Property Management Companies in New Mexico













Ammre, Inc., 14414

AMMRE, Inc. - Serving: Albuquerque, Corrales, Placitas, Rio Rancho . We stress hard work, outstanding service, and integrity in everything we do.   More Info...

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Ammre, Inc., 15716

AMMRE, Inc. - Serving: Albuquerque, Corrales, Placitas, Rio Rancho . We stress hard work, outstanding service, and integrity in everything we do.   More Info...

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Brickleys Llc, 13780

Brickleys LLC - Serving: Albuquerque, Bernalillo, Corrales, Las Lunas, Rio Rancho & surrounding areas!
Professional property management!   More Info...

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Envirian Of Albuquerque, 10301

Envirian of Albuquerque - Serving: Albuquerque, Cedar Crest, Corrales, Placitas, Rio Rancho For all of your property management needs!  More Info...

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Gdr Property Management, Llc, 10308

GDR Property Management, LLC - Serving: Albuquerque, Algodones, Bosque Farms, Corrales, Peralta
GDR Property Management, LLC is a local, family owned business. We enjoy working together while working hard for you.  More Info...

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Gold Key Properties, Llc, 13755

Gold Key Properties, LLC - Serving: Albuquerque, Bernalillo, Placitas, Rio Rancho
Our Professional Property Management Services FREE You to Enjoy Living.   More Info...

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Tyson Properties, 8098

Tyson Properties - Serving: Albuquerque, Rio Rancho
We understand both the rental and sales market! Tyson Properties works hard to manage every single rental with your bottom line in mind.  More Info...

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Trigon Management, 11393

Trigon Management - Serving: Statewide
We attribute our success to our focus on each and every resident, commercial tenant, and owner.  More Info...

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