EstatePass
State Comparison

Florida vs New Mexico

Compare real estate exam requirements, costs, and career potential between Florida and New Mexico

FL Salary
$58K
NM Salary
$48K
FL Pass Rate
47%
NM Pass Rate
56%

FL vs NM At a Glance

CategoryFlorida (FL)New Mexico (NM)
Exam Questions100150
Passing Score75%70%
Exam Fee$36$50
Pass Rate47%56%
Avg Salary$58,000$48,000
Renewal PeriodEvery 2 yearsEvery 4 years
CE Hours14 hours45 hours

Detailed Comparison

Exam Format
FL
NM
Salesperson Questions
100
150
Time Limit
210 min
195 min
Passing Score
75%
70%
Costs & Fees
FL
NM
Exam Fee
$36
$50
Career Potential
FL
NM
Average Salary
$58,000
$48,000
Pass Rate
47%
56%
License Renewal
FL
NM
Renewal Period
2 years
4 years
CE Hours Required
14 hours
45 hours

Licensing Authorities

FL
Florida Department of Business and Professional Regulation
DBPR
NM
New Mexico Real Estate Commission
NMREC

Frequently Asked Questions

Which is easier: Florida or New Mexico real estate exam?

The Florida exam has 100 questions with a 75% passing score, while New Mexico has 150 questions with a 70% passing score. New Mexico typically has a higher pass rate.

Can I transfer my real estate license from Florida to New Mexico?

License reciprocity varies. Some states offer partial reciprocity where you may only need to take the state-specific portion of the exam. Check with both the DBPR and NMREC for current reciprocity agreements.

Which state pays more for real estate agents: Florida or New Mexico?

Florida real estate agents earn an average of $58,000 annually, while New Mexico agents average $48,000. However, consider cost of living and market conditions in your decision.

How much does it cost to get a real estate license in Florida vs New Mexico?

The exam fee in Florida is $36, while New Mexico charges $50. Total licensing costs including pre-license education, application fees, and background checks typically range from $400-$1,000 in both states.

What are the CE requirements for Florida vs New Mexico?

Florida requires 14 hours of continuing education every 2 years, while New Mexico requires 45 hours every 4 years. Both states require completion of CE before license renewal.

Can I hold a real estate license in both Florida and New Mexico?

Yes, you can hold licenses in multiple states. You would need to meet each state's individual requirements, including education, exams, and fees. Some agents who work in border areas maintain licenses in both states to serve more clients.

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Ready to Start Your Real Estate Career?

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