How many homes can a broker sell in a year without requiring a license?

In New Mexico, an individual is allowed to sell a limited number of manufactured homes within a calendar year without needing to obtain a real estate license. The correct answer, which indicates that a broker can sell one home per year without a license, reflects the legal framework governing manufactured home sales.

This rule is in place to allow individuals occasional sales without the burden of licensure, thereby making transactions more accessible for those who may not be professional brokers. It is crucial to adhere to this limit, as exceeding it necessitates licensure, which comes with specific requirements and regulations to ensure consumer protection and maintain industry standards.

While other answers suggest that a higher number of home sales could be permissible without a license, New Mexico legislation specifically delineates this threshold to maintain a balance between facilitating private sales and ensuring that those who engage in more frequent or professional sales are properly licensed and regulated.