Membership & Licensing
The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics and Standards of Practice.
When is a real estate Broker a REALTOR®?
When they are a member of the Silver City Regional Association of REALTORS®, the New Mexico Association of REALTORS® and the National Association of REALTORS®, the world's largest professional trade association.
NAR is composed of 1.3 million REALTORS®, who are brokers, sales associates, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. Members belong to one or more of some 1,400 local associations and 54 state and territory associations of REALTORS®.
Members can join one of the many REALTOR® institutes, societies and councils. Additionally, NAR offers members the opportunity to be active in our appraisal and international real estate specialty sections. REALTORS® are pledged to a strict Code of Ethics and Standards of Practice.
Working for America's property owners, the REALTOR® Association provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system and the right to own real property.
A REALTOR® is more than just a real estate "agent/salesperson," or, in New Mexico a licensed "Broker." When you are looking for a real estate professional, it is wise to work with a REALTOR® who is committed to maintaining the professionalism of the real estate business. A REALTOR® is held to a higher standard!
Membership in a local association of REALTORS® automatically extends your membership to the state association and national association. Your membership process begins at the local REALTOR® association.
If you have a valid NM Real Estate Brokers License or NM Appraisal License and are interested in joining the Silver City Regional Association of REALTORS® please contact the Association Executive at (505) 538-2665 or e-mail for an application and fee schedule.
Requirements for Joining Silver City Regional Association of REALTORS®:
A principal or Qualifying Broker- broker in charge as per the NMREC - submits an application and pays dues and fees.
An associate broker will "hang" their license in a member real estate office or real estate appraiser's office. The Qualifying Broker/Appraiser is billed yearly dues according to the number of licensees in their office. Most brokers pass the dues costs on to their licensees.
Complete and return a membership application, documents and pay dues and fees.
Call the local association office for breakdown of annual REALTOR® Dues as they are prorated by the local, state and national association on a monthly basis.
Additional fees are: A local application fee of $200 (one-time fee). The state new member application fee of $50 (one-time fee). The National PR Campaign Assessment of $35. Any additional fees as designated by the Associations from time to time.
Complete the online new member Code of Ethics course at www.nar.realtor.
Attend the mandatory local association orientation course.
If these requirements are not fulfilled within 30-days your membership will be suspended until completion.
Take the required continued Ethics education hours every 3 yrs as mandated by NAR.
If you drop your membership in the Association or SCRMLS or have your memberships suspended for any reason, upon renewal, new application fees will be charged.
Are you in the industry? We would like to invite you to join us as an affiliate member of the Silver City Regional Association of REALTORS®. As an affiliate, you would be joining a local trade association consisting of REALTORS®, appraisers, lenders, title companies, and other real estate related professionals.
Benefits of Belonging:
Expand your industry clients.
Be supported in business by SCRAR® members.
Market products and services using the membership roster.
Highlight your company in the association website and newsletter.
You may participate in association activities.
Attend SCRAR®'s business meetings and Year-End functions.
Affiliate membership is based on company size and number of employees.
Call 575-538-2665 for more information.
Brightwood Real Estate Education (Kaplan) - offers pre-licensing courses. Online, self study and classroom courses. Call 888-450-4690 - click here.
The CE Shop - Currently offers 60 of the 90 required hours to get a New Mexico real estate license online. They expect to have the full offering soon. - click here.
Greater Albuquerque Association of REALTORS® - holds pre licensing classes several times a year - click here for their website or call 505-724-3469.
Las Cruces Association of REALTORS® - schedules pre licensing classes once or twice a year depending on the need - click here and click on "education" or call 505-524-0658.
Post Licensing Requirement: By NMREC Rule, either the New Broker Business Practices (30 classroom hours) or the CCIM 101 Course is to be taken by all new Associate Broker licensees within the first year of licensure.
The Silver City Regional Association of REALTORS® does not hold any pre licensing classes. However, we do offer continuing education courses to enable our members and others to complete their license renewal requirements. We hold an education session every Spring and every other Fall. These courses are typically CORE, Ethics or Forms courses.
We also have an affiliate sponsorship for 20+ hours of continuing education courses online through The CE Shop.
Per the NMREC website:
36 hour CE Requirement: All active and inactive associate brokers shall successfully complete thirty-six (36) credit hours of continuing education in courses approved by the commission during each 3-year licensing cycle. Qualifying Brokers shall complete a total of 42 continuing education hours which includes the 6 hour Qualifying Broker Refresher Course.
All Brokers: Annual Core Course Requirement. The rules require that each licensee have 12 cumulative hours comprised of the annual 4 hour NMREC Core Course series - one class each year for a total of 12 hours. Ethics Requirement: 4 hour ethics elective. Core Elective Requirement: 4 hour “core elective”.
Qualifying Brokers: Required to take the 6 hour QB Refresher and must attend either a NMREC Meeting or an NMREC Disciplinary Hearing once in their 3 year cycle.
Property Management Requirements: Submission of a Property Management Declaration Form, must take the 6 hour NM Uniform Owner Resident Relations Act Course or the commission approved 6 hour Commercial Property Management Course. Additionally, QBs must take an additional 12 hours of property management courses within their three year 36 hour cumulative minimum requirement.
Real Estate Licensing in New Mexico
The New Mexico Real Estate Commission is the state real estate licensing entity.
Applications to take the broker’s examination are made directly to the commission’s examination contractor. Along with the application form, an applicant must submit certificates of completion of commission-approved 30 hour pre-licensing courses in real estate principles and practice, real estate law, and broker basics, equaling 90 prelicensure education hours. These pre-licensing courses must have been completed within the three years prior to application to take the broker’s examination.
To learn more - click here.