New Mexico Real Estate Exam Prep: How Do You Pass Both Portions of the Associate Broker Exam?

Part of the expanding PassProfessor catalog: This program is built — 20,000 questions, written to the current PSI content outline for New Mexico — and it opens for enrollment soon. Join the notify list and we will email you when enrollment opens.

This program is part of the expanding PassProfessor catalog — join the notify list and we’ll email you when enrollment opens.

New Mexico does not license a “salesperson.” Its entry-level license is the associate broker, and you earn it by passing a broker-level examination given by PSI for the New Mexico Real Estate Commission: a national portion and a New Mexico state portion, each passed on its own. PassProfessor’s New Mexico program will give you 20,000 original practice questions built on PSI’s current content outlines — 11,183 on national topics and 8,817 on New Mexico topics — with fresh blueprint-weighted practice exams, topic drills, and per-question analytics that show where you are losing points. A free sample will be available at launch.

What’s included

A New Mexico bank, built for a broker-level exam. The associate broker examination is not a lighter salesperson test. PSI’s national outline weights Contracts at 19% and Agency at 13%, and the state portion is half New Mexico Commission rules, broker duties, and disclosure. Our bank holds 20,000 questions, and 8,817 of them test New Mexico topics specifically — the Real Estate Commission, licensing requirements, Commission regulations, broker duties and brokerage relationships, and additional state-required topics such as New Mexico property taxes, mechanic’s liens, septic systems, water rights, the New Mexico Human Rights Act, and PID and HOA disclosures. That state material exists nowhere else, and it is where this program is deepest.

Practice exams at the real exam’s weights. Each full practice exam is generated fresh for that attempt — national and state questions in proportions that follow the official outlines, with national topics weighted the way PSI weights them and the state portion weighted across its five areas. Questions you have not seen come first, and you never sit the same exam twice.

Drills that match how the exam is built. Drill a single outline area — Contracts, Valuation, Commission Regulations, Broker Duties — or sit a full timed simulation of one portion or both. Your results break down by outline area, so a weak area shows up in your practice data before it shows up on a PSI score report.

Per-question analytics that keep the bank honest. Every item in the program is monitored from real student responses once the program opens. Questions students find suspiciously easy or suspiciously hard are pulled for review, and anything found wrong is fixed or retired. Your own results use the same idea at a personal level: the areas where your answers keep missing are the areas the program sends you back to drill.

Two portions, prepared separately. Because each portion is passed on its own, the program tracks your readiness portion by portion — national and state — not as one blended score. A strong national average cannot hide a state portion that is not ready, and the program will not pretend it can.

THE PROGRAM IN NUMBERS
20,000
PRACTICE QUESTIONS
18
EXAM CONTENT AREAS
Each weighted as in the official exam outline

The real exam at a glance

Current as of October 2026, per the New Mexico Real Estate Commission and the PSI Candidate Information Bulletin for New Mexico real estate (updated October 30, 2024). Full detail — eligibility, registration, retakes, test day — is in our New Mexico real estate exam guide.

National portionNew Mexico state portion
Administered byPSI Services LLC, for the New Mexico Real Estate CommissionPSI Services LLC, for the New Mexico Real Estate Commission
Questions75 questions (80 points — some national questions are scored up to 2 points)50 questions
Passing score, as published in the PSI summary table60 correct38 correct
Time allowed120 minutes60 minutes
Exam fee$95 covers both portions, whether you take one or both — retakes are also $95Included in the same $95
NEW MEXICO REAL ESTATE · EXAM AT A GLANCE
PSI Services LLC, for the New Mexico Real Estate Commission
ADMINISTERED BY
60 correct
PASSING SCORE, AS PUBLISHED IN THE PSI SUMMARY TABLE
120 minutes
TIME ALLOWED
Questions: 75 questions (80 points — some national questions are scored up to 2 points)
Exam fee: $95 covers both portions, whether you take one or both — retakes are also $95
  • The bulletin also states the passing standard in percentage terms. In its Score Reporting section, PSI states: “In order to pass the examinations, you must receive a score of at least 75%.” The summary table above gives the portion-level figures PSI publishes alongside that statement — 60 correct on the national portion and 38 correct on the state portion. Read both together, and do not replace either with a figure from a secondary source.
  • Experimental questions may be mixed in. PSI states that a small number of experimental questions — 5 to 10 — may be administered during the examinations. They are not scored, and PSI states the time taken to answer them will not count against testing time.
  • You must pass both portions within 90 days of passing the first portion. If you do not, you must retake both portions, even the one you passed.
  • If you fail one portion, you retake only that portion — as long as you complete it inside the 90-day window.
  • Before you can test, you complete 90 hours of pre-licensing education — three 30-hour Commission-approved courses — and apply for eligibility with PSI. This program is exam preparation only; it is not pre-licensing education and provides no education credit. See the guide for the full flow.
  • There is no age limit to take the examination, but you must be at least 18 years old to get a license, and you must be a legal resident of the United States.

How the practice maps to the real exam

Every question in the New Mexico bank is tagged to an area of PSI’s current content outlines — the national outline and the New Mexico state-specific outline the real exam is built from. Counts below are the bank itself, counted question by question from the delivered workbook.

Official outline area (questions on the real exam)Practice questions
National portion
I. Property Ownership (Broker 10%)1,101
II. Land Use Controls (Broker 5%)644
III. Valuation (Broker 8%)892
IV. Financing (Broker 9%)1,038
V. Contracts (Broker 19%)1,871
VI. Agency (Broker 13%)1,390
VII. Property Disclosures (Broker 7%)510
VIII. Property Management (Broker 5%)568
IX. Transfer of Title (Broker 6%)1,180
X. Practice of Real Estate (Broker 12%)1,142
XI. Real Estate Calculations (Broker 6%)847
National subtotal11,183
New Mexico state portion
Real Estate Commission (6 items)770
Licensing Requirements (7 items)1,279
Real Estate Commission Regulations (15 items)2,403
Broker Duties, Disclosure, and Brokerage Relationships (15 items)2,829
Additional State-Required Topics (7 items)1,536
State subtotal8,817
Total20,000
WHERE THE EXAM’S WEIGHT SITS
Share of New Mexico Real Estate exam items by content area, as published in the outline table above
I. Property Ownership (Broker 10%)
10%
II. Land Use Controls (Broker 5%)
5%
III. Valuation (Broker 8%)
8%
IV. Financing (Broker 9%)
9%
V. Contracts (Broker 19%)
19%
VI. Agency (Broker 13%)
13%
VII. Property Disclosures (Broker 7%)
7%
VIII. Property Management (Broker 5%)
5%
IX. Transfer of Title (Broker 6%)
6%
X. Practice of Real Estate (Broker 12%)
12%
XI. Real Estate Calculations (Broker 6%)
6%
0%Scale: percent of exam items20%
Each bar shows the published weight of a content area on the New Mexico Real Estate exam outline, as listed in the table above.

No outline area in either portion is empty. The smallest national area in the bank is Property Disclosures, with 510 practice questions, and the smallest state area is Real Estate Commission, with 770 — every area on PSI’s outlines can be drilled on its own.

How to use it

  1. Join the notify list today. When enrollment opens, start with the free sample exam — a fixed set of New Mexico questions across both portions, enough to see how the program works and where you stand.
  2. Check your readiness portion by portion. Look at the national and state results separately from the first session. Your plan should be built around whichever portion is further from ready, not around a combined average.
  3. Drill the New Mexico state areas early. The state portion is 50 of the 125 questions, and its two largest areas — Commission Regulations and Broker Duties, Disclosure, and Brokerage Relationships — are 30 of those 50. Most candidates leave state law for last; the score report is where that shows.
  4. Drill by outline area. Work your weakest areas — Contracts is the single heaviest national topic, at 19% of that outline — until the misses stop repeating, then re-check with a fresh mixed set.
  5. Sit full generated exams against the clock. The real sitting allows 120 minutes for the national portion and 60 minutes for the state portion. Practice the pace of each portion separately, not just the material.
  6. Book the real exam through PSI when your practice results sit comfortably above the published passing figures on both portions — and remember the 90-day rule: once you pass the first portion, the clock to pass the other one is already running.

Pricing

Pricing for the New Mexico program has not been set yet, and will be announced at enrollment. Join the notify list and we will email you the launch price together with the launch date. When the program opens, the standard site terms will apply: our refund policy gives you 14 days provided you have attempted less than 20% of the program (see the site Terms for the full policy).

Frequently asked questions

How many questions are on the New Mexico real estate exam? The associate broker examination has two portions: 75 questions on the national portion and 50 questions on the New Mexico state portion — 125 questions in total. PSI also states that a small number of experimental questions, 5 to 10, may be administered; those are not scored.

What score do I need to pass the New Mexico real estate exam? PSI publishes the standard two ways in its current Candidate Information Bulletin, and candidates should read both. The Score Reporting section states that you must receive a score of at least 75% to pass, and the examination summary table lists 60 correct on the national portion and 38 correct on the state portion. Each portion must be passed; a strong result on one does not carry the other.

Why is the national portion listed as 75 questions and 80 points? Because that is how PSI publishes it. The bulletin notes that national broker exams include questions that are scored up to two points, so the 75 national questions carry 80 points in total. That is also why you should work from the bulletin’s own passing figures — 60 correct on the national portion — rather than converting a percentage yourself.

Does New Mexico have a salesperson license? No. New Mexico’s entry-level real estate license is the associate broker, and associate broker candidates take the broker examination described on this page. The next level, the qualifying broker, is a separate license with its own experience and education requirements; this program prepares you for the associate broker examination.

How much does the New Mexico real estate exam cost? The examination fee is $95, paid to PSI. PSI states that the $95 covers both examination portions, whether you take one or both, and that examination retakes are also $95 for one or both portions. Examination fees are not refundable or transferable, and PSI states the examination fee is valid for one year from the date of payment. The license application fee after you pass is separate — the Commission’s licensing page states a nonrefundable license application fee not to exceed $270.

What do I need before I can take the exam? You must document completion of 90 credit hours of Commission-approved pre-licensing courses — one 30-hour course each in Real Estate Principles and Practice, Real Estate Law, and Broker Basics — completed not longer than three years before you apply to take the broker’s examination, and you must apply for eligibility with PSI. There is no age limit to take the examination, but you must be at least 18 to get a license and be a legal resident of the United States. Candidates currently or previously licensed in another state must submit a certified license certificate or certified license history.

If I fail one portion, do I retake the whole exam? No — at first. PSI states that if you fail one portion, you only need to register to retake the failed portion. But you must pass both portions within 90 days of passing the first one; if you do not pass both within 90 days, you must retake both examinations.

How long do I have to apply for my license after I pass? Six months. The New Mexico Real Estate Commission’s licensing guidance states that an individual who fails to apply for a broker’s license within six months of having passed both or the applicable portions of the examination will be required to retake the examinations, unless they provide the Commission with a reasonable written explanation for missing the deadline.

When can I enroll in the New Mexico program? Soon — the 20,000-question bank is complete and the program is in final preparation. Join the notify list on this page and we will email you the day enrollment opens, together with the launch price.

Are these the actual exam questions? No. Every PassProfessor question is written by us, from scratch, to PSI’s published New Mexico content outlines and New Mexico real estate law. We never use real exam questions, recalled questions, or another provider’s bank — and using actual exam content would violate the candidate rules you agree to when you test.

Does this program count toward my 90 hours of pre-licensing education? No. PassProfessor is exam preparation only. It does not provide pre-licensing education credit and is not a substitute for the three Commission-approved 30-hour courses — Real Estate Principles and Practice, Real Estate Law, and Broker Basics — that you must complete before you test.

Why does the New Mexico state portion get so much of the bank? Because it is 50 of the 125 questions on the real exam, it must be passed on its own, and its content — Commission regulations, broker duties, New Mexico property taxes, water rights, septic systems, PID and HOA disclosures — is not covered by national study materials. Our bank holds 8,817 state-portion questions so that portion can be drilled on its own until it is no longer the risk in your sitting.

Disclaimer

PassProfessor is an independent exam-preparation provider. This program is exam preparation only: it is not pre-licensing education, provides no education credit, and is not a substitute for the Commission-approved pre-licensing education New Mexico requires. It is not affiliated with the New Mexico Real Estate Commission, the New Mexico Regulation and Licensing Department, PSI, or any state agency or exam vendor. All practice questions are original, written to the published exam outlines; they are not actual exam questions.