New Mexico compliance baked into the template
- Sales tax: 4.88% state rate. Applies to services rendered. GRT (gross receipts tax) 4.875% applies broadly including services.
- Late fees: Up to 1.5% per month under N.M. Stat. §56-8-3. Default 8.75%/yr; contract rates allowed.
Real Estate Agent invoice fields
- Commission — pct
- Transaction coordinator fee — flat
- Marketing reimbursement — flat
State
NM
Avg invoice
$8,500
Net terms
0 days
Deposit
0%