Get Your New Mexico Real Estate Appraiser License

Become a New Mexico real estate appraiser with AQB-approved online appraisal courses

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Fast-track your real estate appraisal career with a New Mexico appraisal course package

Our packages contain everything you need to jumpstart your appraisal career, including all mandatory New Mexico real estate appraisal classes.

New Mexico 75-Hour Real Property Appraiser Trainee Package

$899.00

SKU : 558NM069001 Hours : 75

2018-2019 15-Hour Equivalent USPAP Course

Basic Appraisal Procedures

Basic Appraisal Principles

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Complete with 75 hours of the new Associate Real Estate Appraiser Qualification Criteria. This package includes three courses: Basic Appraisal Principles, Basic Appraisal Procedures, and the 2018-2019 15-Hour Equivalent USPAP Course. Also included in this package is the USPAP Manual eBook.

Choose the New Mexico online real estate appaisal courses that are right for you

All individual New Mexico real estate appraisal courses are self-paced, state-approved and conveniently available anytime, anywhere.

Basic Appraisal Procedures

SKU : 558NM014001

Credit Hours | 30

Category | New License

$349.00

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Want thorough insight into the process of valuation? Then this course is for you! During this 30-hour curriculum, students will learn the three approaches used by appraisers to reach the opinion of value (income capitalization, sales comparison and cost) and how to derive multipliers and rates. Also included is a guide through the sales comparison approach, which is comprised of checking the validity of information, organizing a comparative analysis, making adjustments, selecting comparison units, and how to conducting market research and reconciliation. Students will enjoy the hands-on completion of crucial sections of an appraisal report as well as gain insight into property description, design basics and construction. This course fulfills 30 hours of Real Property Appraisal Qualification Criteria for the levels of Trainee to Licensed Appraiser. It is advised to complete the Basic Appraisal Principles and Procedures Courses before taking this course.

Basic Appraisal Principles

SKU : 558NM063001

Credit Hours | 30

Category | New License

$349.00

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Gain a foundation in appraisal principles. This course is an introduction to topics including legal considerations, what influences the value of real estate, real property concepts and characteristics, principles of economics, types of value and real estate markets and analysis, ethical considerations and highest and best use. This 30 hour course fulfills the Real Property Appraiser Qualification Criteria for the levels of Trainee up to Licensed Appraiser.

2018-2019 15-Hour Equivalent USPAP Course

SKU : 558NM18065001

Credit Hours | 15

Category | New License

$289.00

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This mandatory course will introduce aspiring appraisers to the requirements for ethical behavior and competent performance set forth in the Uniform Standards of Professional Appraisal Practice (USPAP).

With the use of practice tests and interactive appraisal scenarios, you will get a full understanding of the history of appraisal standards, the structure of USPAP, essential steps in the appraisal process, USPAP definitions, and how to follow USPAP standards in your new career as a real estate appraiser. 

The mandatory Appraisal Foundation USPAP manual ($75 value) is included at no additional cost.

New Mexico Appraisal License Requirements

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the New Mexico Regulations & Licensing Department - Board of Real Estate Appraisers. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.

New Mexico Appraisal Licensure Levels:

  • Apprentice
  • Licensed Real Estate Appraiser
  • Certified Residential Real Estate Appraiser
  • Certified General Real Estate Appraiser

New Mexicao Appraisal Licensure Requirements:

  • Must be at least 18 years of age
  • Must have a high school diploma or its equivalent
  • Possess good character
  • Must meet the educational requirement for the applying level of licensure
  • Must meet the experience requirement for the applying level of licensure
  • For Certified Residential level: A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required
  • For Certified General level: A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required
  • Satisfactory completion of the state examination
  • Submit application, required documents, and associated fees

New Mexico Appraisal Education Requirements:

  • 75 hours for the Apprentice which consist of the following courses: Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours)
  • 150 hours for the Licensed Real Estate Appraiser which include the same hour requirement as the Apprentice Appraiser level AND: Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
  • 200 Hours for the Certified Residential Real Estate Appraiser which consist of the same 150 hours of Licensed Real Estate Appraiser education AND: Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
  • 300 hours for the Certified General Real Estate Appraiser which includes the same 200 hours for the Certified Residential Real Estate Appraiser education AND: Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)

Experience Requirements:

  • Apprentice – No experience required
  • Licensed Real Estate Appraiser – 2000 hours in no less than 12 months
  • Certified Residential Real Estate Appraiser – 2500 hours in no less than 24 months
  • Certified General Real Estate Appraiser – 3000 hours in no less than 30 months with at least 1500 hours of experience in nonresidential appraisals

New Mexico Continuing Education Requirements:

  • All license expire on April 30th two years after the original license was issued 
  • Appraisers must complete 32 hours of continuing education within the two year cycle
  • 7 hours must cover the USPAP Update course or its equivalent 
  • 4 hour must cover the Board approved Renewal Update course
  • Only 14 hours may be obtained via distance education

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