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