Looking to become a real estate agent in Albuquerque?
If so, then the first step is to complete your real estate pre-licensing course. It should be 90 hours long and should teach you everything you need to know to pass the exam and succeed in the industry.
It’s only wise then to attend the best real estate school in the city.
That said, we’re going to review the best real estate schools in Albuquerque, NM. We’ll review the best online schools for those that want to self-study. Plus, we’ll also mention the best in-person schools for those that need live interaction.
There’s something for everyone here. So let’s get started!
Note: real estate agents in New Mexico are referred to as Associate Brokers.
Best Online Real Estate Schools in Albuquerque, NM
Here are the best online real estate schools in Albuquerque, NM if you’re planning to get your license in 2023:
Now, let’s look at each school one by one.
Kaplan Real Estate
Kaplan Real Estate has been in the business of providing quality real estate education for more than 50 years. Apart from its long-standing reputation, it is best known for its versatile course packages that suit different students’ learning styles.
Kaplan’s New Mexico pre-licensing package is available in 2 delivery formats – live online and hybrid packages.
The live online option consists of instructor-led virtual classes that encourage student interaction.
The hybrid package is a combination of self-paced and live online formats. The first two courses, Real Estate Law and Real Estate Principles and Practices, are offered in pre-recorded videos, while the Broker Basics course is delivered via a virtual class.
The live online and hybrid packages cost from around $810 to $960. Both packages include an interactive study group, plus a weekly webinar that encourages Q&A sessions and discussions.
The CE Shop
The CE Shop offers some of the most advanced real estate courses in the country.
Its custom Leap 2.0 platform delivers interactive content, streamlined navigation, and carefully selected practice exercises. Its state-of-the-art curriculum is designed to prepare you for the licensure exam and assist you in achieving a successful real estate career.
The CE Shop currently only offers 2 of the 3 required pre-licensing courses (60 hours) – Real Estate Law and Principles and Practices. They don’t offer the 30 hour Broker Basics course, but it will likely be available soon.
The fees start at around $300+, but you can save up to 35% when you use the discount codes available on their website.
NM Real Estate Academy
NM Real Estate Academy is powered by CNM Ingenuity, an organization that promotes public welfare and prosperity in Central New Mexico.
Its pre-licensing courses for New Mexico are asynchronous, which means you can take them at your pace. However, each course includes weekly assignments and quizzes that encourage students to dedicate around 30 minutes a day to complete the program.
The courses don’t need to be taken in a particular order, but the school recommends students to begin with Real Estate Law.
The pre-licensing courses cost around $300 each. However, if you avail of the complete package, you get to save up to 10% on the cost. The fees already include digital textbooks for which you will need an Adobe Viewer.
Note: NM Real Estate Academy currently has no classes scheduled. The school will reopen in March 2023.
Best In-Person Real Estate Schools in Albuquerque, NM
Below are 2 recommended in-person real estate schools:
Kaplan Professional Real Estate School
Address: 8205 Spain Rd NE, Albuquerque, NM 87109, US
Contact Number: +1-800-777-1171
Apart from online programs, Kaplan RE also offers pre-licensing courses in a classroom setting. The programs use the same materials as the online format. The only difference is that this option encourages more student-teacher interaction.
Kaplan RE also has campuses in Las Cruces, Roswell, and Santa Fe.
Real Estate Institute (REI) Las Cruces
Address: 141 Roadrunner Pkwy Suite 141 B Las Cruces, NM 88011
Contact Number: 575-532-2217
Email address: Rei@Rei-Lascruces.com
There aren’t many in-classroom real estate schools offering pre-licensing courses in Albuquerque, but here is another alternative located in Las Cruces. A city that’s about 3 hours away.
The drive is worth it as the Real Estate Institute of Las Cruces offers high-quality real estate education courses in a friendly yet professional environment.
The instructor, Sue Williams, is a professor and broker who has been in the business for over 20 years. Previous students agree that Sue explains the materials well and makes the class enjoyable for everyone.
Each course costs a little under $300 and spans 4 weekends. If you sign up for the pre-licensing education bundle, though, you can save up to $150 on fees.
Who is eligible to become a real estate associate broker in Albuquerque, NM?
To be eligible to become an associate broker in Albuquerque, NM, you must satisfy the following requirements:
- You are at least 18 years of age and a legal resident of the United States.
- You must possess a high school diploma or its equivalent (GED).
What are the pre-licensing requirements to become a real estate associate broker in Albuquerque, NM?
The following are the requirements to become a real estate associate broker in Albuquerque, NM:
- You must complete 90 hours of pre-licensing education, which consists of 30 hours each of Real Estate Law, Real Estate Principles and Practices, and Broker Basics.
- You must pass the state and national portions of the New Mexico Associate Broker Licensure exam. If you fail either or both, you must pass within 90 days from your first attempt.
- Complete all the background and fingerprinting requirements.
- Find a sponsoring broker and obtain Errors and Omissions insurance.
- You must apply for licensure within six months of passing the exam. Otherwise, you will need to retake it.
How does the New Mexico Real Estate Licensure Exam work?
The New Mexico Real Estate Licensure Exam is administered by PSI. You must apply for it online, pay the related fees, and be at the testing center at least 30 minutes early on the day of the exam.
You will have 2 hours to finish the national portion of the exam and 1 hour for the state portion. You will know your results upon completing the test.
Starting a career in real estate can be a challenge, but it is rewarding, and it can provide you with endless opportunities.
Unlike other professions, becoming a real estate agent does not require a college degree or working experience. It can even take as fast as 6 months for you to get your license in Albuquerque, NM.
Once you decide to take the first step, consider the real estate schools listed above, and you will be well on your way to success.