What the New Mexico broker exam tests, how it is scored, and 94 broker-track practice questions with cited sources.
New Mexico broker exam format
PSI-administered exam for the New Mexico Real Estate Commission. National portion 75 scored items on an 80-point scale (60 points to pass) in 120 minutes; New Mexico state portion 50 items (38 correct to pass) in 60 minutes; 125 items / 180 minutes total. Verified against the PSI New Mexico Real Estate Candidate Information Bulletin, 2026-07-27. New Mexico licenses Associate Brokers and Qualifying Brokers rather than salespersons, so both tracks model the same contract.
Broker exam
125questions
180 mintime limit
75%to pass
Two separately scored sections
The New Mexico broker exam runs as two separately scored portions: 75 national questions and 50 New Mexico law questions.
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New Mexico broker-track questions
Every Freehold question shows why the right answer is right — and cites its source.
To qualify for a qualifying broker's license, an applicant's associate broker license must have been on active status with a brokerage for:
2 of the last 5 years preceding application
1 of the last 2 years preceding application
5 continuous years immediately preceding application
3 of the last 10 years preceding application
Show answer & explanation
2 of the last 5 years preceding application — Applicants must document that their associate broker license was active with a brokerage for at least 2 of the preceding 5 years before applying for a qualifying broker license.
Source: Las Cruces Association of Realtors — Qualifying Broker Requirements
Before applying for a qualifying broker's license, a candidate must also complete which specific course?
A full 90-hour repeat of the entire original Broker Basics course all over again
A Commission-approved 30-hour Brokerage Office Administration course
A national-only refresher examination course
A 10-hour ethics-only seminar approved by the New Mexico Real Estate Commission
Show answer & explanation
A Commission-approved 30-hour Brokerage Office Administration course — Qualifying broker applicants must complete a certificate course in Brokerage Office Administration approved by the Commission, in addition to their experience requirement.
Source: Las Cruces Association of Realtors — Qualifying Broker Requirements
How many continuing education hours must a New Mexico qualifying broker complete each licensing cycle, and why is it higher than an associate broker's requirement?
36 credit hours, identical to associate brokers
60 credit hours, due to a supervisory-liability surcharge
42 credit hours
24 credit hours, since qualifying brokers are exempt from most electives
Show answer & explanation
42 credit hours — Qualifying brokers must complete 42 hours per cycle rather than 36, because their requirement folds in a mandatory qualifying broker refresher course.
Source: Mesa Real Estate Institute — NM CE Requirements
New Mexico broker exam FAQ
What is on the New Mexico real estate broker exam?
The New Mexico broker exam runs as two separately scored portions: 75 national questions and 50 New Mexico law questions. You need 75% to pass, within 180 minutes.
Is the New Mexico broker exam harder than the salesperson exam?
The passing standard is the same, but the broker exam adds brokerage-operations material - supervision, trust accounting, and firm responsibility - on top of the salesperson outline.
How many New Mexico broker practice questions does Freehold have?
94 New Mexico law questions apply to the broker track, including 3 written specifically for brokers, alongside the national broker bank.
Freehold is an independent study resource and is not affiliated with, endorsed by, or sponsored by PSI, Pearson VUE, or any state real estate licensing board or commission. Freehold does not guarantee passage of any licensing exam.
