AB: Associate Real Estate Broker
Independently licensed Real Estate Licensee associated with a Qualifying Broker member

CPAR: Clovis Portales Association of REALTORS®
Local REALTORS® Association formally CBOR: Clovis Board of REALTORS® (Former name)

CMA: Comparative Market Analysis
An examination of the prices at which similar properties in the same area recently sold.

CORE: Central Operation Of Resources For Educators
Education Platform established by NASA and utilized by Local, State & National Education Systems

IRS: Internal Revenue Service
Independent Contractors: Understanding Employee vs. Contractor Designation

NAR: National Association of REALTORS® (pronounced N.A.R.)
National REALTORS® Association

NMMLS: New Mexico Multiple Listings Service
Exclusive part of RANM – Manages Paragon Software – Database

NMREC: New Mexico Real Estate Commission
Regulates the New Mexico Facilities and Licensees that offer Real Estate services

NM RLD: New Mexico Regulations and Licensing Department
Manages the New Mexico Real Estate Commission

NRDS#: National REALTOR® Database System
NRDS ID is shown on your NAR membership card—every member should have a card.

QB: Qualifying Real Estate Broker
Independently licensed Real Estate Licensee, associated with a participating real estate office

RANM: REALTORS® Association of New Mexico
State REALTORS® Association

RISC: Rice Insurance Service Company
RANM Affiliated (E&O) Errors and Omissions Insurance Provider

RPAC: REALTORS® Political Action Committee
National REALTOR® Party

REALTOR®: Member of the National Association of REALTORS ® Inc.
Only Members can use the REALTOR® Mark

TBD: To be determined or TBA: To be announced also used but not as common PTC: Prior to closing

Information is deemed reliable, but not guaranteed. Subject to change without notice.  Updated: 5-5-2018