Real Estate License from New Mexico to Oregon: Does It Transfer? (2026)
Last verified: 2026-07-21 · source: Oregon Real Estate Agency (OREA) ↗
A real estate license transfers from New Mexico to Oregon by endorsement — there is no automatic reciprocity, but you do not start over. Apply to the Oregon Real Estate Agency (OREA), verify your New Mexico license, and meet Oregon's endorsement requirements. No education or examination waivers for applicants from non-reciprocal states - the full 150-hour broker pre-license education and both sections of the broker exam are required. Applicants licensed in the reciprocal jurisdictions follow a separate reciprocal process with specific, agency-determined requirements..
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Verdict
Licensure by endorsement
Oregon publishes no agreement covering New Mexico, but it does evaluate out-of-state licensees individually — so this move runs on Oregon's endorsement judgment rather than a guarantee. The requirements below are what the Oregon Real Estate Agency (OREA) commits to in writing; for anything discretionary (exam waivers, education credit), get the commission's answer in writing before you rely on it.
What changes, New Mexico → Oregon
| New Mexico (current) | Oregon (destination) | |
|---|---|---|
| Training hours | 90 | 150 |
| Application fee | $270 (3-year Associate Broker license fee. Separate: $30 Recovery Fund fee; $95 exam fee paid to the exam provider; fingerprint/background fee billed by NM DPS/vendor and not published by NMREC.) | $300 (Nonrefundable broker license application fee; excludes the PSI exam fee and the fingerprint/background-check fee.) |
| Processing time | NMREC does not publish an application processing-time range. | Agency does not publish a processing-time estimate. |
| Licensing authority | New Mexico Real Estate Commission (NMREC), NM Regulation & Licensing Department | Oregon Real Estate Agency (OREA) |
The destination column is what you must satisfy — Oregon sets the rules for this move.
Step by step
- Confirm Oregon's current requirements on the Oregon Real Estate Agency (OREA) website (linked below) — rules change.
- Submit the endorsement application to the Oregon Real Estate Agency (OREA) (application linked below).
- Arrange license verification from your current state.
- Be 18 years old with a high school diploma, GED, or international equivalent.
- Register and apply in the eLicense system and pay the $300 nonrefundable application fee.
- Complete 150 hours of Agency-approved broker pre-license education.
- Pass both sections of the Oregon broker license exam (PSI) - except qualifying reciprocal-jurisdiction applicants.
- Complete a fingerprint-based background check at the PSI test center.
- Pay the fees ($300 (Nonrefundable broker license application fee; excludes the PSI exam fee and the fingerprint/background-check fee.)) and allow Agency does not publish a processing-time estimate..
Official links
Related guides
Frequently asked questions
Does Oregon accept a New Mexico real estate license?
A real estate license transfers from New Mexico to Oregon by endorsement — there is no automatic reciprocity, but you do not start over. Apply to the Oregon Real Estate Agency (OREA), verify your New Mexico license, and meet Oregon's endorsement requirements. No education or examination waivers for applicants from non-reciprocal states - the full 150-hour broker pre-license education and both sections of the broker exam are required. Applicants licensed in the reciprocal jurisdictions follow a separate reciprocal process with specific, agency-determined requirements..
Which exams will I take moving from New Mexico to Oregon?
No education or examination waivers for applicants from non-reciprocal states - the full 150-hour broker pre-license education and both sections of the broker exam are required. Applicants licensed in the reciprocal jurisdictions follow a separate reciprocal process with specific, agency-determined requirements..
What does the move cost?
$300 (Nonrefundable broker license application fee; excludes the PSI exam fee and the fingerprint/background-check fee.) (Nonrefundable broker license application fee; excludes the PSI exam fee and the fingerprint/background-check fee.).
Can I keep selling in New Mexico after I'm licensed in Oregon?
Yes — real estate licenses stack. Keep the New Mexico license active (renewals and CE continue separately) and you hold both; many border-market agents do exactly this.
Sources
Primary sources only — official boards and compact commissions. Data last verified 2026-07-21.
- OREA - Out-of-State Licensees ↗ (accessed 2026-07-21)
- OREA - Broker license (qualifications, 150 hrs, $300 fee, exam) ↗ (accessed 2026-07-21)
- NMREC — Licensing, Registration & Renewal (GA/LA/MA written recognition agreements; 90 education hours) ↗ (accessed 2026-07-21)
- NMREC — FAQs ('New Mexico does not have reciprocity for a real estate salesperson license'; GA/LA/MA brokers exempt from courses and exam) ↗ (accessed 2026-07-21)
- 16.61.3 NMAC — Broker Examination & Licensing Application Requirements (recognition/waiver rule 16.61.3.9(B)(2)-(4)) ↗ (accessed 2026-07-21)
- NMREC — Fees ($270 3-year Associate Broker; $30 Recovery Fund; $95 exam) ↗ (accessed 2026-07-21)
Reviewed by Billy Reiner, Editor · verified against primary sources 2026-07-21
How we verify · All sources · spot an error? [email protected]