✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.
89% of buyers used real estate agents or brokers to buy homes. Additionally, 85% of sellers believe agents can secure a higher sale price for their homes. This highlights the value of professional help, but these services come with a steep cost.
Real estate companies charge a 5-6% commission on the sale price, which can amount to $24,000 for a $400,000 home. With such hefty fees, these companies must provide value that justifies the cost.
People rely on real estate companies for their market knowledge, negotiation skills, and ability to handle complex paperwork. Whether you’re considering a full-service brokerage or a tech-driven platform, here are our top picks in the Land of Enchantment.
Top 6 New Mexico Real Estate Companies:
-
For Home Sellers
- Houzeo: Best Technology
- Enchanted-Sun-Realty: Best for Local expertise
- Better Homes and Gardens Real Estate Steinborn & Associates: Expert Assistance
-
For Home Buyers
- Coldwell Banker Realty: Best for First Time Buyers
- ROC Real Estate Partners: Best for Local Market
- Zillow: Largest Marketplace
3 Best Real Estate Companies for Home Sellers in New Mexico
Here are the top 3 real estate companies in New Mexico that help sellers maximize their savings.
1. Houzeo
#1 Flat Fee MLS Service
Listing Fee: $3994.9/5
Houzeo is a high-tech platform with easy listing, fast changes, and online showings and offers.
You can choose from 4 Flat Fee MLS packages:
- Bronze Package – $399+$350 at Close: This package offers a Houzeo listing only for 6 months with 24 photos.
- Silver Package – $399+0.5% at Close: This offers maximum photo upload and provides you with seller disclosures.
- Gold Package—$429+0.5 % at Close: This is Houzeo’s signature MLS package and includes all the technology Houzeo is known for, such as Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum Package – $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! Before you list, confirm all prices on your particular state’s pricing page.
» Houzeo Reviews: Find out why 10,000+ Americans love Houzeo.
Houzeo is America’s #1 Flat Fee MLS service because of 5 reasons:
- Max Exposure: Houzeo’s listing packages get your home on Zillow, Trulia, Realtor.com, Redfin, and 100s of other real estate websites.
- 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.
- 100% Online: Houzeo is a high-tech platform with easy listing, fast changes, online showings, and online offers. Its powerful house search app makes your home visible to potential buyers on the go.
- No Hidden Fees: All fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the traditional listing agent commission.
- Free Home Value Estimator: Now, you can get a free home value estimate within 30 seconds. It helps you set a listing price.
There are no dealbreakers with Houzeo.
» Is Houzeo Legit? 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 Reviews: Houzeo is rated “Excellent“ by 10,020+ home sellers.
Houzeo is New Mexico’s #1 real estate company. It offers maximum savings, excellent customer support, and advanced technology.
Houzeo also provides affordable listing packages to New Mexico home sellers. You can list on MLS through Houzeo and save thousands in commissions while reaching a wide buyer audience.
2. Enchanted Sun Realty
Local Experts
Based in New Mexico4.8/5
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
3% - 6% Commissions4.6/5
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.
3 Best Real Estate Companies for Home Buyers in New Mexico
Here are the top home-buying companies in New Mexico to help you find your dream home.
1. Coldwell Banker Realty
MOST SUCCESSFUL INVESTORS
Based in New Jersey4.9/5
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 is great for buyers because of its long-standing experience and wide property selection. It is especially helpful for those looking to invest in popular areas or unique properties.
Key features of Coldwell Banker include:
- 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 Assistance: 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:
- Less Flexibility in Negotiation: The company’s established policies might offer less flexibility in negotiating commission rates.
- Inconsistent Agent Quality: While many agents are experienced, the quality of service can vary depending on the specific agent assigned.
- Lapses in Transactions: Customer complaints include delays in transactions and unresponsive agents.
Coldwell Banker is rated 4.9 out of 5 stars from 200+ reviews on Trustpilot
Coldwell Banker is based in New Jersey and has been a trusted name in real estate for more than a century. It offers services for various property types, from residential homes to investment properties.
Coldwell Banker offers market analysis tools to help clients make informed decisions. It also provides virtual tours and detailed online listings. However, their extensive network can sometimes lead to less personalized service.
2. ROC Real Estate Partners
Local Expertise
Based in Albuquerque4.9/5
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
Based in Washington1.2/5
Zillow is one of the most visited real estate websites. It provides an exceptional home buying and renting 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 is a popular choice for home buyers for its vast listings and easy-to-use tools. The platform offers valuable tools like Zestimate® for estimating property values and interactive maps for exploring neighborhoods.
Here are the key features of Zillow:
- Extensive Listings: Zillow offers a wide range of property listings, including homes for sale, rentals, and foreclosures.
- Mortgage Calculator: It allows you to compare mortgage rates from various lenders. You can pre-qualify for a loan through Zillow Home Loans.
- Zestimate Tool: It provides estimated property values to help gauge market prices.
Here are some drawbacks of Zillow:
- Outdated Listings: Some property listings may not be updated in real time, leading to outdated information.
- User-Generated Content: Home details and photos heavily rely on user input, which can sometimes be inaccurate.
- Overwhelming Ads: The site has numerous ads and promotions that can be distracting.
Zillow has a rating of 1.2 out of 5 on Consumer Affairs.
» Zillow Offers Reviews: Everything you need to know about Zillow.
Zillow was founded in 2006 and is headquartered in Seattle, WA. It is one of the most popular real estate websites in America. The company extracts data from top MLS platforms, allowing buyers to view listings directly.
Additionally, Zillow’s user-friendly interface makes home searches convenient and extensive. It also offers a Zestimate home valuation tool, which provides estimated property values based on market data.
Best Real Estate Companies to Work for in New Mexico
When you choose a real estate company to work for in New Mexico, it’s important to consider how the commission is split. Most real estate agents get paid a commission which is then divided between the agent and the brokerage.
For example, if you sell a $300,000 home with a 6% commission split equally between buyer and seller agents, you’d get 3% or $9,000. With a 60/40 split, you’d receive $5,400 before taxes. Some brokerages now offer salaries and benefits, so it’s worth exploring various options.
Here’s a comparison of top real estate brokerages in New Mexico:
| Brokerage | Commission Split | Best For |
| Keller Williams | 70/30 | Agents seeking higher commissions and more educational resources. |
| RE/MAX | 95/5, 80/20, 70/30, 60/40 (capping system) | Agents who want customized commission splits and desk fees. |
| Century 21 | 50/50, 70/30 + 8% franchise fee (capping system) | Agents who want brokerage brand recognition. |
| Coldwell Banker | 50/50, 60/40, 70/30 (capping system) | Agents who need marketing, lead generation, and other tools. |
| Compass | 50/50 | Agents who want access to a wide range of online resources and tools. |
What to Consider When Choosing a Real Estate Brokerage to Work For?
- Franchise vs. Independent Choices: Franchises like RE/MAX and Keller Williams offer a nationwide presence and provide more support and training. Independent real estate firms offer more freedom but may have fewer resources.
- Company Reputation: Research the brokerage’s market presence and reputation. A reputable company can help with lead generation.
- Support and Resources Offered: Some brokerages provide mentorship programs and free advertising, while others offer minimal support. You can also visit company events to get a feel for the work culture.
- Scope for Specialization: Consider the brokerage’s niche and how it aligns with your interests and local opportunities in New Mexico’s real estate market.
How to Choose the Best Real Estate Company in New Mexico?
You can choose the best real estate companies based on these factors:
For Sellers:
- Strong Technology: A company’s website should have robust technology that can make selling a house more efficient. Also, look for features like virtual tours, professional photos, and user-friendly interfaces.
- Responsive Customer Service: Having good customer service can help you with smooth real estate transactions. Find a company that aligns with your preferences and also has 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.
For Buyers:
- Buyer-Friendly Tools: Look for a company with useful online tools. It will help you compare houses, learn about neighborhoods, and also figure out how much your mortgage payment could be.
- Experienced Agents: Seek a company with agents who have experience with buyers. They should be able to guide you through every step, from looking at houses to finally buying one.
- Property Listings: Look for a company with access to many property listings on the MLS to help with your home search. This way, you’ll see all the listings in the area you like.
» Best Website to Find Homes for Sale: Find your dream home in America.
Are Real Estate Companies in New Mexico Worth It?
Yes! Real estate companies in New Mexico are worth it. Top companies offer advanced technology, a large network of agents, and maximum savings. This is where Houzeo stands out as a smart choice for sellers in New Mexico.
Houzeo offers a flat fee listing service that saves sellers thousands of dollars in commissions. With user-friendly tools, it is ideal for homeowners looking to sell their homes quickly.
Eager to Know How Houzeo Works?
We have got you covered. Check out how you can list your property on the MLS with Houzeo.
» 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 are the best real estate companies to sell your home with in New Mexico?
Houzeo is the best real estate company for home sellers in New Mexico. It offers sellers maximum savings, dedicated customer support and 100% online experience. Real Estate Sales Force and RE/MAX are some of the other options to sell your home.
» Best Real Estate Companies in New Mexico: Find out the top companies in New Mexico.
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, ROC Real Estate Partners, and Zillow. They offer home buyers various services and tools such as virtual showings, mortgage calculators, and more.
What is the best luxury real estate company in New Mexico?
Premier Sotheby’s International Realty is considered one of the best luxury real estate companies in New Mexico. It offers services like home staging, high-resolution photography, drone footage and virtual tours.
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.
