How To Earn A Maine Real Estate License
How To Earn A Maine Real Estate License
When it is time to earn your real estate license, the first step is making sure you are prepared. Luckily, TrainingCenter has both the required Maine pre-licensing courses and training programs for how to list, sell, handle real estate objections, and more.
Essentially, you'll start by taking your state-specific pre-licensing course, then passing your exam. Tips for both, as well as recommended courses, appear below.
What Does A Maine Real Estate Agent Do?Real Estate Agents in Maine help clients to purchase, rent, or sell property. This includes finding buyers and sellers, providing advice and helping to negotiate on price, and referring home inspectors or mortgage professionals - all within federal and state rules and regulations. Further, they are required to represent the best interests of their clients, whether they be buyers or sellers.
Additionally, depending upon whether representing the buyer or the seller, agents can recommend an appropriate selling price, market the property, negotiate offers, attending and/or reviewing the home inspection and appraisal, provide feedback on comparable sales.
The Benefits Of Having A Maine Real Estate LicenseThere are many benefits to having a real estate license. While helping to serve your community find their "dream house", you also benefit from flexible hours and the opportunity to have high earnings via your commissions. For those who invest in real estate, having a license gives you early access to properties as they become available.
About Our Maine Real Estate Licensing Courses And Exam Prep Materials
We offer Maine real estate license training courses that fulfill Maine's pre-license education requirements. Our Maine training and exam prep materials are delivered in an easy-to-understand manner that provides important insights and valuable exam tips and strategies covering Maine's rules and regulations for Maine real estate licensing. You receive:
- Both Print And Online Course Materials
- Sample Exams
- Exam Prep Materials
- Instructor Support
When you have completed the training materials, make sure to take as many practice exams as possible. This will help you to pinpoint and overcome problem areas, and ensure that you pass your Maine real estate licensing exam on the first try!
Recommended Maine Real Estate Licensing Courses And Exam Prep Materials
You'll find the real estate licensing courses you need here at TrainingCenter. We offer state-approved courses that can meet the Maine pre-licensing requirement.
To find the right state-approved course for you, simply select "Licensing" and your state from the search box below. Good luck earning your Maine Real Estate License!
Find Seminars, Webinars, And Online Training In Your Area
About The Maine Real Estate License Requirements
To help with how to get a real estate license in Maine, we have provided below information on Maine licensing requirements, its insurance department, and examination scheduling facilities, as well as info on what is on the exam and tips for passing it.
Topics on the Maine Real Estate License ExamThe Maine real estate licensing exam is composed primarily or multiple choice questions covering both national and state-specific information. Exam topics include real estate law, ownership, land use controls and regulations, disclosures, valuation, financing, titling, taxes, and contracts.
Department of Professional & Financial Regulation Address: Office of Professional and Occupational Regulation
76 Northern Ave, Gardiner, Maine 04345
Phone: 207-624-8603
Website: https://www.maine.gov/pfr/professionallicensing/professions/real_estate/index.htmlExamination SchedulingProvider: Pearson VUE
Website: https://home.pearsonvue.com/Maine Real Estate License Requirements
The following lists any applicable pre-licensing, continuing education, renewal, and reciprocity requirements for Maine real estate licensing.
Real Estate License Requirements:- Maine real estate salesperson license: 55 hours
- Maine real estate broker license: 60 hours for an associate broker and 50 hours for a designated broker
- To apply to become an associate broker in Maine, an applicant must have been licensed as an active sales agent affiliated with a real estate brokerage for two years, with five years of experience
- To apply to become a designated broker in Maine, an applicant must have been an associate broker affiliated with a real estate brokerage agency for two years within the past five years. Completion of a designated broker course with a minimum final grade of 75% is also required
State Reciprocity: In Maine, an equal license may be issued to any person who holds a current and active real estate license in another jurisdiction after meeting the requirements for the license.
These requirements include completing a license application, holding a high school diploma and being at least 18 years old. Additionally, those applying for reciprocity will need to pass the Maine law examination administered by Pearson VUE and furnish their certificate of licensure from their home state, showing the applicant holds a current and active license.
Note: An application for a license must be made within one year of passing the Maine law exam.
Continuing Education And/Or License Renewal Requirements: - Real estate professionals in Maine need to renew their real estate licenses every two years from the date their licenses were issued
- Maine requires 21 hours of real estate CE classes, including 18 hours of electives and a 3-hour core course, the topic for which changes every two years or so
Good luck passing your Maine real estate licensing exam!
Disclaimer: This information provided is based on state laws and regulations, and is subject to change. While we make every effort to asure this information is current and accurate, it is not engaged in rendering legal or professional advice, and shall not be held responsible for inaccuracies contained herein.
