11/19/2023 0 Comments Transaction broker agency relationship![]() ![]() In the end, all Realtors are licensees but not all licensees are Realtors. In addition to being subject to state and federal laws, Realtors are also subject to NAR’s strict Code of Ethics, which provides effective mechanisms for self-policing, handling consumer complaints, providing educational opportunities, and scores of other services that benefit both Realtors and the general public. Others are reading: One dead after crash on Roadrunner Parkway Realtors in our area typically belong to the Las Cruces Association of Realtors. The 77 percent who choose to carry the Realtor designation opt to become members of NAR, NMAR and one of the 17 local realty boards and associations operating throughout the state. Everyone in New Mexico who holds a real estate license is a licensee and subject to the New Mexico Real Estate License Law (61-29-1 to 61-29-29 NMAC for you lawyer-types out there). So, what’s the answer to the question posed in the headline? Of those, 7,637, or just under 77 percent, are Realtors who belonged to the New Mexico Association of Realtors. Closer to home, the New Mexico Real Estate Commission reported that just over 10,000 New Mexicans hold real estate licenses. According to the National Association of Realtors, about 1.5 million, or seventy-five percent, of those folks are Realtors. ![]() who are holding active real estate licenses. According to the Association of Real Estate License Law Officials ( there are approximately 2 million people in the U.S. ![]()
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