8 min read May 23, 2024

6 Best Real Estate Companies in New Mexico (2024 Updates)

Home prices in New Mexico have increased by 12.8% Y-O-Y and are now at a whopping $352,300. Simultaneously, mortgage rates have witnessed a sharp decline from 7.79% in Oct 2023 to 6.63% in Jan 2024. The market is booming for both sellers and buyers. If you want to sell your home or buy a new one, NOW is the time to do so!

Real estate companies can help you get access to the MLS quickly. Whether you use a Flat Fee MLS company or a discount brokerage, you will receive a quick and affordable real estate transaction.

Top 6 New Mexico Real Estate Companies:

    For Home Sellers
  1. Houzeo: Best Technology
  2. Enchanted-Sun-Realty: Best for Local expertise
  3. Better Homes and Gardens Real Estate Steinborn & Associates: Expert Assistance
    For Home Buyers
  1. Coldwell Banker Realty: Best for First Time Buyers
  2. ROC Real Estate Partners: Best for Local Market
  3. Zillow: Largest Marketplace

Best Real Estate Companies for Home Sellers in New Mexico

Discover the best home-selling companies in the Land of Enchantment. From lively Albuquerque to the beautiful Santa Fe, we have found the 3 best companies for you.

1. Houzeo

#1 Flat Fee MLS Service

Houzeo.com
Houzeo Logo
  • Listing Fee: $399
  • Available nationwide
  • Houzeo has 4.9 out of 5 stars 4.9/5 (8,000+ reviews)

Houzeo is real estate company headquartered in New York.

Houzeo offers 4 Flat Fee MLS packages.

  • Bronze Package – $399: This package offers Houzeo listing only for 6 months with 24 photos.
  • Silver Package – $399+0.5% at Close: This offers maximum photos upload and provide you with seller disclosures.
  • Gold Package – $429+0.5% at Close: It is Houzeo’s signature MLS package and includes all the technology Houzeo is known for like, Houzeo Showings, Houzeo Offers, and DigiTransact.
  • Platinum – $449+1% at Close: It includes the assistance of a licensed broker to help you with negotiations, seller disclosures, and closing.

👉 Our Take: We recommend the GOLD plan. You’ll have access to Houzeo tech, making managing showings and offer negotiations easy! Confirm all prices on your particular state’s pricing page before you list.

» Houzeo Reviews: Houzeo is 100% online. You can finish listing formalities in less than 60 mins.

Houzeo is America’s #1 Flat Fee MLS service because of 4 reasons:

  1. Max Exposure: Houzeo MLS packages give you access to the MLS, Zillow, Trulia, Realtor.com, Redfin, and 100s of other websites.
  2. 5-star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
  3. 100% Online: Houzeo is high-tech platform with its easy listing, fast changes, online showings, and online offers. Houzeo mobile app is also very powerful.
  4. No Hidden Fees: In most states, you’ll be paying just a small flat fee to list on MLS by owner. And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission.

There are no dealbreakers with Houzeo.

» Is Houzeo Good for You?  Houzeo addresses all Houzeo complaints from home sellers.

Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.

» Houzeo ReviewsHouzeo is rated Excellent by 8,000+ home sellers.

Houzeo.com is Florida’s #1 real estate company. It provides an unbeatable combination of maximum savings, 5-star customer support, and cutting-edge technology.

Houzeo provides affordable listing packages to Florida FSBO home sellers. Also, its offer management and showings tool will help you ace your real estate journey like a pro.

2. Enchanted Sun Realty

Local Experts

Enchanted Sun Realty
Enchanted Sun Realty
  • Based in New Mexico
  • 4.75 Stars 4.8/5.0 (103 reviews)

Enchanted Sun Realty is real estate company based in Las Cruces, New Mexico. It was founded by Sandra Espiritu in 2008 and is a full-service brokerage.

  • Traditional Agents – 5% to 6% Commission: This is a traditional full-service brokerage charging 5% – 6% commission on average. They provide complete real estate services from listing to closing.

👉 Our Take: We recommend Enchanted Sun Realty for their agent’s local expertise. Their agents have extensive knowledge of the local community and trends and provide valuable insights.

Enchanted Sun Realty is based in Las Cruces, NM. They are considered local experts for the stellar customer service they provide.

  • Marketing Assistance: Your home will be listed on the MLS and several high traffic websites for maximum exposure. You can upload pictures of your property to showcase it better and their team shares your listing across social media.
  • Home Valuation: Their team prices your home by performing a comparative analysis of the home prices in your neighborhood. They set a competitive price to get the best deal for you.
  • Local Expert Agents: It is a local boutique-style company and all their agents know the local community very well. They are knowledgeable about the local trends and can provide valuable insights during the transaction.

During our research, we found some red flags with Enchanted Sun Realty.

  • Limited Coverage: Enchanted Sun Realty provides services in very limited areas of New Mexico.
  • Poor Customer Service: A few testimonials claim that their agents are slow to respond and ignore client needs sometimes.

Enchanted Sun Realty has a 4.8 out of 5-star rating from 103 total reviews on Google.

Enchanted Sun Realty is a full-service real estate brokerage. It is based in Las Cruces, New Mexico. Their agents are considered local experts.

However, customers have complained about delayed transactions and the unresponsive nature of the agents. Their company offers limited coverage in the state of New Mexico.

3. Better Homes and Gardens Real Estate Steinborn & Associates

Expert Assistance

Steinborn & Associates
logo image
  • 3% - 6% Commissions
  • 4.5stars4.6/5 (290+ reviews)

Steinborn & Associates mainly serves New Mexico. It has been a community leader for 50 years in southern New Mexico.

However, they have not disclosed their pricing on their website.

👉 Our Take: If you want to sell a home in New Mexico, then selling it through Steinborn & Associates can be a good choice.

Here are the highlights of Steinborn & Associates:

  • Local Expertise: Steinborn & Associates can be a great choice for sellers as they have a knack for New Mexico real estate and an innovative team.
  • Customer-Focused: It not only excels in local expertise, but it also has a customer-centric approach. It is dedicated to provide innovating solutions to their client needs.

We did not find any deal breakers for Steinborn & Associates.

Steinborn & Associates has 4.6 stars out of 5 on Google reviews.

Steinborn & Associates is one of the best real estate companies in New Mexico. You get expert assistance with Steinborn & Associates, whether you are selling or buying residential or commercial properties.

However, many sellers have reported inconsistency from their real estate agents.

Best Real Estate Companies for Home Buyers in New Mexico

Explore the top home-buying companies in Florida. From Las Cruces to Deming, you can discover affordable homes.

1. Coldwell Banker Realty

MOST SUCCESSFUL INVESTORS

Coldwell Banker
NJ Realtors Ellen Gonik
  • Based in New Jersey
  • Best Companies that Buy Houses for Cash in Raleigh, NC 4.9/5 (200+ reviews)

Coldwell Banker Real Estate LLC is an American full-service real estate brokerage.

  • No Service Fee: As a buyer, you do not have to pay any fee to avail services of Coldwell Banker. 

👉 Our Take: Coldwell Banker has been recognized as a real estate leader. However, it might prioritize transaction volume over personalized attention, which could be less ideal for first-time buyers or those needing more guidance.

Key features of Coldwell Banker:

  • Experts in Negotiations: Coldwell Banker’s agents are skilled and have considerable experience in negotiating the best deal for you.
  • Lender Assistance: It helps you to find a lender for pre-qualification according to your affordability.
  • Home Search: With MLS and other tools, agents find your ideal home based on your preferences and budget.
  • Finance: It helps with down payments, mortgage prequalification, and getting your finances ready to buy a house.
  • Strong Agent Network: Your agent can find many property options for you as they have good connections with other real estate agents.

Red flags of Coldwell Banker include:

  • Inconsistent Agent Quality: Several clients of Coldwell Banker have complained of a lack of trust in the agents they had dealt with.
  • Lapses in Transactions: Customer complaints include delays in transactions, laid-back attitude, misrepresentations, and the unresponsiveness of agents.

Coldwell Banker is rated 4.9 out of 5 stars from 200+ reviews on Trustpilot

Established in California, Coldwell Banker has changed the way people buy homes. They offer buyers financing options to ensure they have their financial ducks in a row when preparing to buy a house.

It’s advised you conduct due diligence on an agent before you appoint the agent to represent you.

2. ROC Real Estate Partners

Local Expertise

ROC Real Estate Partners
logo image
  • Based in Albuquerque
  • 4.5stars4.9/5 (60+ reviews)

ROC Real Estate Partners mainly serves New Mexico. They claim that they can, “sell your home in 7 days”. They have sold over 503 units and have generated millions in sales.

However, they have not disclosed their pricing on their website.

👉 Our Take: If you want to sell a home in New Mexico, then selling it through ROC Real Estate Partners can be a good choice.

Here are the highlights of ROC Real Estate Partners:

  • Local Expertise: ROC Real Estate Partners’ merger with eXp Realty has expanded its reach to a national level. If you are selling a home, then their agent network of over 150+ agents across 36 states will give your home a broad reach.
  • Proven Track Record: It has sold 503 units and has done over $150M+ in sales through its effective approach to marketing and selling properties.

We did not find any deal breakers for ROC Real Estate Partners.

ROC Real Estate Partners has 4.9 stars out of 5 on Google reviews.

ROC Real Estate Partners is one of the best real estate companies for sellers in New Mexico. Their expertise, experience, and marketing can maximize your returns when selling a home.

However, many buyers have reported inconsistency from their real estate agents.

3. Zillow

Largest Marketplace

Zillow
Zillow
  • Based in Washington
  • 1.1/5 (700+ reviews)

Zillow is the most visited real estate website. Zillow provides an exceptional home buying, renting, and selling experience.

  • Zillow Premier Agent: You can connect with an agent representing a particular property and get their commission rates on request. Typically, a buyer agent charges a 2%-3% commission on the sale price.

👉 Our Take: Zillow’s Zestimate can be helpful for initial research, but don’t rely solely on them.

» Zillow Offers Reviews: Everything you need to know about Zillow

Key Features of Zillow:

  • Home Search: Zillow’s platform allows you to search for homes based on various criteria like location, price, size, features, etc.
  • Mortgage Calculator: It allows you to compare mortgage rates from various lenders. You can pre-qualify for a loan through Zillow Home Loans.

Zillow has some major drawbacks that home sellers should be aware of.

  • Poor Customer Reviews: A staggering number of customers have complained regarding their disappointing experience with Zillow.

Zillow has a rating of  1.1 out of 5 on Consumer Affairs.

 

Zillow is the most popular real estate website in America. It was founded in the year 2006 and is headquartered in Seattle.

Moreover, Zillow extracts data from top MLS platforms. It helps buyers view the listings directly on the platform.

3 Best Real Estate Companies To Work For in New Mexico

A real estate company employs licensed agents to represent local buyers and sellers. As a real estate agent, you must consider the following factors in a real estate company – commissions, training, agent equity, revenue share, profit share, and technical support.

1. eXp Realty

eXp Realty, a cloud-based platform is a booming real estate brokerage that has garnered a reputation for being a great workplace. It has a 4.3 rating out of 5 on Indeed.

  • Commission Split: The agents keep 80% of the commission and 20% goes to eXp. After the agents hit the $16,000 cap in their anniversary year, they retain 100% of the commission.
  • Revenue Share: eXp Realty’s Revenue Share Program lets agents earn a percentage from the revenue of the agents they’ve sponsored.
  • Agent Equity: eXp agents are rewarded with shares of EXPI stock upon accomplishing specific goals.
  • Training Program: eXp Realty runs the 2-week Fast Start training program for its new agents. This holistic curriculum has been rated a 4.8 out of 5 by agents who have completed the program.
  • Technical Support: eXp Solutions offers agents cutting-edge tools to make the real estate transaction seamless.

The Rise of eXp Realty: Check out how eXp Realty is beating Compass and Keller Williams

2. Keller Williams Realty

Keller Williams Realty is one of the largest residential real estate firms in the US. It has opportunities for both new and experienced real estate agents. It has a 4.3 out of 5 rating on Indeed.

  • Commission Split: From the commission, 64% goes to the agent, 30% goes to KW Market Center and 6% is to be paid by the agent as a franchise fee ($3,000 is the cap). Once an agent hits the cap, the commission goes entirely to the agent.
  • Profit Share: KW’s Profit-Sharing Program lets agents earn a portion of the profit from the agent they’ve referred.
  • Training Program: KW provides a training program that teaches agents the core principles of running a successful real estate business.
  • Technical Support: KW Command is a CRM software that equips agents with the necessary tools to handle real estate transactions from start to close.

3. Compass

Compass is a licensed real estate brokerage that combines talent with innovative technology to handle real estate transactions. It has a 4 out of 5 rating on Indeed.

  • Commission Split: The commission split for agents in Compass is unclear. It’s based on an agent’s discussion with Compass.
  • Training Program: Compass Academy, an arm of Compass provides educational resources such as modules, and live sessions to train its agents.
  • Technical Support: Compass provides agents with a comprehensive set of innovative tools such as Marketing Center, Compass CRM, Compass Markets, and more.

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How to Choose the Best Real Estate Company in New Mexico?

You can choose the best real estate company in New Mexico based on these factors:

  • Strong Technology: A company’s website should have robust technology that can make selling or buying a house faster and more efficient. Also, look for features like virtual tours, high-quality photos, and user-friendly interfaces.
  • Responsive Customer Service: Having good customer service can help you with smooth real estate transactions. Find a company that offers prompt and also have helpful customer service.
  • Maximum Exposure: Find a company that will give maximum exposure to your property. This could also include an MLS listing, social media advertisement, and customizable yard signs.
flat-fee-mls

For Real Estate Agents

A real estate agent must consider the following points while browsing real estate companies in New Mexico:

  • Commission Model: Real estate agents and realtors work on commissions. When you sell a house, you split the profits with your broker. A broker charges varied commissions. Some brokers do offer salaried positions, but they are rare.
    • Commission Breakdown: Let’s say you sell a $300,000 home where the average commission in your area is 6%. This 6% is split between the buyer and seller’s agents. Now you’re down to 3%, or $9,000. A 60/40 commission splits mean you get 60% of $9,000, or $5,400. Of course, this is pre-tax.
  • Training Modules: Most real estate companies provide training courses to their agents. Franchise companies like RE/MAX, Keller Williams, etc. offer programs to train agents in negotiation, marketing, body language, sales pitch, and lead generation.
  • Tech Support: Top real estate companies equip their agents with the latest technology to keep them on par with the competition. Most companies have automated systems to help agents keep track of clients, leads, and emails.
  • Marketing & Advertising: Real estate companies also provide agents with high-quality digital and print materials, custom graphics and ads, professional photography, and database management systems to ensure exposure to the customer’s property.

Final Word

Real estate companies help you ace your home selling or buying journey. However, before you choose a real estate company in New Mexico, we suggest you conduct thorough research.

The basic requirements for a good real estate company are experienced and dedicated agents, maximum savings, tech-savvy, and quick transactions. With Houzeo, you get all these factors on one single platform.

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best For Sale By Owner websites in the U.S.

How to List on MLS With Houzeo?

5 Easy Steps to List on MLS with Houzeo as FSBO

Start Your MLS Listing NOW!

» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why it is one of the best FSBO sites in America.

Frequently Asked Questions

What is the best real estate company in New Mexico?

The best company in New Mexico is Houzeo. It offers sellers maximum savings, advanced technology, 5-star customer support, 100% online experience, and listing exposure.

» Best Real Estate Companies in New Mexico: Find out the top companies in New Mexico.

2. What are the best real estate companies for buyers in New Mexico?

The best real estate companies for home buyers in New Mexico are Coldwell Banker Realty and ROC Real Estate Partners. They offer home buyers various services and tools such as virtual showings, mortgage calculators, and more.

How can I sell my property quickly in New Mexico?

You should set a competitive price, enhance curb appeal, and highlight your home features effectively to sell your house fast in New Mexico.

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