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  • New Mexico Council of Exchangors | realtor association | New Mexico, USA

    New Mexico Council of Exchangors - Our mission is to educate, mentor and assist brokers with providing creative solutions for their commercial and residential real estate clients. Welcome to New Mexico Council of Exchangors NMCE Sponsors Thank you to our sponsors and their generous support. Please take a moment to visit our sponsor page and learn more about each of our affiliate members.

  • New Mexico Council of Exchangors | realtor association | New Mexico, USA

    New Mexico Council of Exchangors - Our mission is to educate, mentor and assist brokers with providing creative solutions for their commercial and residential real estate clients. About NMCE The New Mexico Council of Exchangors is a nonprofit, professional organization of licensed Real Estate Brokers that has been active for over 50 years. We are dedicated to educating property owners and real estate professionals to the benefits of Real Estate Exchanges, or “Equity Marketing”. The NMCE’s primary goal is to assist brokers and clients successfully complete transactions. Whether you are considering a 1031 Tax Deferred Exchange or trading property, our group can help you get it done! The NMCE has weekly, innovative marketing sessions that allow our members to exchange ideas, market properties, problem solve, and create transactions for our customers and clients. For more information, please visit the Contact Us Page and send us your info or feel free to reach out to any of the board members. We are happy to share more information about exposing your property to a buying, selling or exchanging opportunity. When the traditional “buy-sell” marketplace is not producing the desired results, a property excha nge, 1031 tax deferred exchange, or equity exchange, may be an alternative to consider! What is Equity Marketing? The merchandising of properties exclusive of cash, or at least the majority of the values transferred is in the form of unencumbered value in real property. Become a Member BACK TO TOP NMCE Mission Statement Our mission is to educate, mentor, and assist brokers with providing creative solutions for commercial and residential real estate clients, alike. We strive to counsel and guide our members through education and seminars in specialized fields such as Real Estate Contracts, Trades and Exchanges, and so much more! By building up the businesses of brokers and satisfying the needs of their clients through fairness and integrity, the NMCE can become the platform that creates trustworthy relationships between clients, brokers and vendors. Placing the brokers’ and their clients’ needs first, combined with expertise and collaboration, leads to successful transactions. Our goal is to become the premier Realtor Association of choice in the marketplace. Become a Member A Bit of Exchangor History The New Mexico Council of Exchangors was originally called the Albuquerque Real Estate Exchange. Below are some of the historical forms used early on in the group. AREE Package Form.pdf AREE Exchanging Seminar 3-29-84.pdf BACK TO TOP

  • Board of Directors | NMCE

    Meet Our Board Members Brandon Sanchez President The Sanchez Group Realty REALTOR/Owner (505) 720-4332 thesanchezgrouprealty@gmail.com Dion Armijo Vice President The Sanchez Group (505) 688-0381 armijodion@gmail.com Kathleen Griego Secretary Coldwell Banker Academy West (505) 573-4347 kathleengriego@yahoo.com Christina Sanchez Treasurer Otra Vez Investments, Inc. (505) 553-3556 Otravez1031llc@gmail.com Laura Tacker Board Member Coldwell Banker Legacy Associate Broker/Realtor (505) 480-4848 laurasellsnm@outlook.com Amanda Champine Board Member Dragonfly Capital RE Qualifying Broker/Owner (505) 948-0377 champineabq@gmail.com Erica Vesely Board Member Dragonfly Capital RE Associate Broker (505) 250-0847 ericacvesely@gmail.com L.A. (Tony) Trujillo Board Member Nu Mex Realty (505) 450-5456 tonyt1031numex@msn.com Angelo Mora Board Member Caruso Realty, LLC (505) 903-2040 angelo@keywayproperties.net BACK TO TOP

  • Packages | NMCE

    Package Information Exchangor's meetings are fast paced and the people in the room are all licensed professionals that are there acting on behalf of their clients. You must be a licensed broker and the primary on the deal in order to submit a package. These meetings are not intended for clients as we are discussing confidential information. The purpose of bringing a property package to an exchangor's meeting is to look for an exchange, equity trade or sale. This not an MLS pitch. The investors in these meetings are looking to sell investments, buy investments, and they're looking for the best deal for their clients. Presenting to exchangors is a great opportunity to get your property in front of a wide range of brokers in a short amount of time. Your ability to get people interested in your Package (property) starts with the two page package sheet!!! Fill it out completely and accurately!! Remember, this is your advertising platform so include any and all information you think would be beneficial to help other brokers make a determination if they want to make an offer. What's in the package? Accurate information Real numbers - things like actual income & actual expenses No projections - most brokers are not willing to guarantee income and expenses and projections just say what the property could be so an exchangors meeting is not the place for projections. Real motivations Real descriptions Suggestions for items to include in your package: Package presentations at NMCE are mostly paper but if you are providing electronic copies, links are a useful way to provide more details. Links to Google Maps Links to county assessor pages for verifying tax information Pictures - provide good quality pictures so other brokers can see the property and don't have to guess as to what it looks like. Any additional documents you think are important Presentation Format: Prior to the meeting, you will provide either the MLS listing number or if it's not listed, pertinent documentation to the person running the computer. They will use this information to share on screen with the group. Each presenter gets 3-5 minutes in front of the group. Keep a copy of your presentation in front of you so you can answer questions. A moderator is assigned to work with you during your presentation. Their job is to ask you questions about the property and to get the room engaged. Follow their lead. The moderator will then call for takers (buyers). If anyone is interested, they will write up the offer then and there or get your information and contact you after the meeting. The Importance of Preparing a Good Package: This is your advertising platform. Opportunity to present to many different brokers who have many different clients. Good packages generate "mini" offers. Brokers seldom "call" on poorly prepared packages. Good packages generate takers.

  • First American Title | New Mexico Council of Exchangors

    First American Title Think First. Think First American. First American Title has been serving the needs of New Mexico's real estate community for over four decades. We are here to handle all of your real estate transactions, large and small. For your convenience, we have Offices serving Bernalillo, Doña Ana, Sandoval, Santa Fe, Sierra and Valencia counties, as well as Independent Agents serving the remaining counties in NM. Offices: 9400 Holly Ave NE Bldg 1 Albuquerque, NM 87122 7517 Montgomery NE Suite B Albuquerque NM 87109 215 Lincoln St Suite 100 Santa Fe, NM 87501 3428 NM Hwy 47 Suite B Los Lunas, NM 87031 Website Contact a Sales Rep

  • Glossary | New Mexico Council o

    Glossary Equity Marketing: The merchandising of properties exclusive of cash, or at least the majority of the values transferred is in the form of encumbered value in real p roperty. Section 1031: Section 1031 is a provision of the Intern al Revenue Code (IRC) that allows a business or the owners of investment property to defer federal taxes on some exchanges of real estate. Section 1031 allows investors in business properties to defer taxes on the profits of properties sold in order to raise cash to purchase other properties. It is sometimes called the Starker Loophole because the sale and purchase do not need to be simultaneous to qualify for the tax deferral. The Section 1031 benefit is not available to sellers or buyers of personal homes. Rules for Using Section 1031: Section 1031 defers tax on swaps of like-kind real estate done in a timely manner. There are a number of important steps to a properly structured 1031 exchange: The real estate purchased with the proceeds must be like-kind. The tax must be paid on any “boot” in the year of the 1031 exchange . A boot is an addition of value to the swap that is not real estate. Once the business or investment real estate is sold, like-kind real estate must be identified within 45 days and acquired within 180 days About Like-Kind Real Est ate Section 1031 defines like-kind as real estate that is held for productive use in a trade or business or for investment purposes. Section 1031 defers tax when this real estate is exchanged in a properly structured 1031 exchange for like-kind real estate that continues to be held for productive use in a trade or business or for investment. Like-kind properties are real estate assets of a similar nature that can be exchanged without incurring any tax liability under Section 1031 of the Internal Tax Code.1 Properties must be held for business or investment purposes but do not need to be similar in grade or quality. Primary residences do not qualify for a 1031 exchange.2 Properties must be held in the United States in order to qualify as like-kind. About the "Boot" Section 1031 allows an investor to give or receive cash or other property that is not like-kind in addition to the like-kind real estate being exchanged. Such additions to the deal, when given or received in a 1031 exchange, is called “boot.” IMPORTANT: To qualify, the investor must use the proceeds of the real estate sale for the new real estate investment within 180 days or the due date of the tax return. The boot triggers taxable gains or losses in the year of the exchange. The taxable amount that is not deferred by Section 1031 is the amount of the boot. The taxable amount that is deferred by Section 1031 is the capital gain or loss on the like-kind real estate exchanged. Timing of the Exchange Section 1031 gives a taxpayer who sells business or investment real estate 45 calendar days from the closing to identify up to three (and under certain circumstances four or more) like-kind replacement real estate properties. The replacement must be acquired and the 1031 exchange completed by the earlier of 180 calendar days or the due date (with extensions) of the taxpayer’s return. Source: Investopedia https://www.investopedia.com/terms/s/section1031.asp BACK TO TOP

  • Ben Boothe and Associates Inc | New Mexico Council of Exchangors

    Ben Boothe and Associates Inc Commercial Appraisal, Environmental Research and Economic Consulting, Domestic and Internationally Mr. Boothe has been a real estate broker, real estate consultant, real estate investor, and had done articles and studies on economic development and impacts on real estate values. It represents banks, corporations, investors, landowners, retirement plans, cities, states and several nations. It also does ("other valuation services"). BBA brings appropriate experts from it's network for each project. Website Contact Us

  • NCE | NMCE

    National Council of Exchangors The National Council of Exchangors (NCE) is a non-profit trade association comprised of real estate licensed professionals from across the country. We meet four times per year at our conference venue in Las Vegas, Nevada where we host educational events and conduct marketing meetings. At conferences, our members have the opportunity to present offerings through professional moderators towards the sale and exchange of their real estate nationwide. Learn more about NCE, visit their website today. VISIT NCE WEBSITE BACK TO TOP

  • New Mexico Mortgage | New Mexico Council of Exchangors

    New Mexico Mortgage Company Get On The Road To Your Dream Home! The New Mexico Mortgage Company Team is your premier mortgage team located in New Mexico. We pride ourselves on offering a variety of programs and competitive rates and make the loan process simple, straightforward and fast for borrowers seeking a mortgage in the state of New Mexico. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt, the highly experienced team of mortgage bankers here can help you take that first step toward a financial solution. Serving all of New Mexico- click t Website Contact Us

  • Become a Member | NMCE

    New Members Welcome! We are always looking to expand the membership of NMCE. More members means a broader range of benefits, resources, and opportunities. This enhances the value of membership for all members so if you are interested in joining, please complete the application below and join today. Membership Benefits Meetings At the New Mexico Council of Exchangors, we are committed to providing a solution-focused environment to explore all possible options for selling, exchanging or trading properties. Our meetings provide a unique opportunity to bring problem properties to the table, in the hope of finding a creative and mutually beneficial solution for our clients. As a member of NMCE, you have the opportunity to market your client's properties to other member agents locally at the weekly NMCE meetings and nationally at the quarterly National Council of Exchangors meetings . The New Mexico Council of Exchangors hosts weekly meetings every Thursday at 8:30 AM GAAR - 1635 University Blvd., NE Albuquerque NM 87102 Access to Hundreds of Properties Our members have access to a wide range of exchange packages, both at a local level and through our National Council of Exchangors. Networking & Support Our members are real estate professionals that work together to find unique solutions for selling or acquiring properties for their clients. Our extensive industry knowledge and wide network enable us to offer creative solutions and connect you with the right people. New NMCE members have access to mentors who are also current board members. Their role is to guide you through the initial stages, ensuring you're comfortable, well-prepared, and productive during the meetings. Their experience will be invaluable in helping you get the most out of the NMCE meetings. Membership Fee With just one deal, you can easily cover the cost of your annual membership fee, making it a highly cost-effective investment. The annual fee is $180 + $5 Square fee. Creative Real Estate Marketing & Exchanging MEMBERSHIP APPLICATION FORM First Name Last Name Company Broker License Number Address City State Cell Number Office Number Email We like to recognize member's birthdays (Don't worry - we just need the day & month) How did you hear about NMCE? Submit Application Thank you! BACK TO TOP

  • Become a Sponsor | NMCE

    Interested in Becoming a Sponsor of NMCE? Are you interested in promoting your business to a large audience of realtors in New Mexico? Look no further than the New Mexico Council of Exchangors. By becoming a sponsor, you'll gain access to a large network of realtors on a weekly basis, helping you grow your brand awareness and expand your professional network. To become a sponsor, please complete the form below. Creative Real Estate Marketing & Exchanging SPONSORSHIP APPLICATION Company Name Contact Name Address: City State Choose One Contact Phone Contact Email AGREEMENT FOR SPONSORSHIP This agreement represents the terms & conditions under which (hereinafter referred to as "Sponsor" would be interested in becoming an active sponsor for the New Mexico Council of Exchangors (hereinafter referred to as "Association". TERM This sponsorship term will be one (1) year commencing Select a date Sponsorship shall renew automatically for one (1) year terms. FEE The base fee shall be $150 per month payable monthly or Sponsor may choose to pay in advance. From time to time, there may be agreed upon addition expenses (for example: special classes). BENEFITS Sponsor shall have a link to their website on the Association website and their sponsorship will be posted on social media events and mentioned at the weekly Association meetings. The Sponsor may introduce themselves and speak briefly about their products/services at each meeting. All Association members are encouraged to do business with Sponsors. Sponsors are invited to attend the Association annual Christmas party at no cost. Obligations Sponsors are asked to attend meetings regularly for their benefit and may request to pay for breakfast at their discretion. Sponsors should supply contact information and handouts to Association members. Sponsor Signature & Date Clear NMCE Signature & Date Clear Submit Thank you! HOME

Contact Us

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9998 Montgomery Blvd NE Suite B

Albuquerque, NM 87111

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Meetings: 8:30 AM - every Thursday

GAAR - 1635 University Blvd NE

Albuquerque NM 87102

Interested in becoming a member? Apply today.

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