The process of becoming a real estate agent in Maine is relatively straight forward. Becoming a real estate agent in this state requires that you complete several steps, but the rewards may be worth your while. Working in real estate offers a number of benefits, including the ability to set your own schedule or to work in the office of your choice. For so many reasons, real estate offers an enticing career path.
The purpose of this license is to help you build on-the-job experience. This is not a license that you will keep throughout your career. In fact, you can only keep this specific license for two years before you need to qualify for the next license. You will then work as an associate broker with your new license.
This guide will walk you through the steps necessary to become a real estate agent in Maine. The process might be much simpler than you think.
Fulfill Basic Real Estate License Requirements
In order to work as a real estate agent, you must be at least 18 and hold a high school diploma. There are also some restrictions regarding criminal offenses in the past. While a criminal offense in your past will not necessarily preclude you from working as a licensed sales agent, certain offenses are not considered acceptable by the real estate commission.
Take and Pass Pre-Licensing Coursework
First, you must take the Sales Agent course and pass with a minimum grade of 75%. The course lasts 55 hours and includes a variety of information that will help you work as a real estate agent. The coursework includes everything you need to know about beginning your career in the real estate industry. Courses can be taken online or in a classroom, and the topics are meant to prepare you for the years ahead.
The coursework required for a sales agent license is not easy, but passing the classes is totally attainable. In these courses, you will learn how to work alongside brokers, write real estate contracts, and value a house. You will learn how to best show houses to clients as well as how to set up open houses for the best possible results. Courses will teach you how to write real estate descriptions so that they are legal and informative, and they also teach you how to avoid common issues like discrimination and ethics concerns.
Also important to note is that this coursework will prepare you for the real estate examination. At the end of your courses, you will take a test that you need to pass to receive your course grade. Then, you will be eligible to take the state and national real estate examinations.
Schedule and Take the Real Estate Examination
Pearson VUE administers the Maine real estate exam, and you can schedule your exam through the website. The exam is held in both Bangor and Westbrook. When you arrive at the testing center, ensure that you bring your certificate of completion for your pre-licensing coursework, which is valid for one year.
You must pass the licensing exam with a minimum score of 75%. If you do not pass the state and national portions of the exam, you are allowed to retake either or both within a certain time frame.
While many students choose to use study materials and even to take a special course geared toward passing the test, many students also feel that the required real estate coursework provides the necessary material for passing the state and national portions.
Partner with a Maine Broker
Your next step is to partner with an agency in Maine. You must be affiliated with this agency for two years, so it is important that you make a good choice. You can interview multiple brokers and visit several agencies to determine which broker will be the best fit for your needs. There is no shame in talking to more than one broker. In fact, it’s smart to have several options to consider.
Your broker is the person who will be supervising you in the future as you participate in your first two years of sales. This person will be your main point of contact in the real estate industry, like a mentor. They will teach you how to operate with clients as well as how to interact with other agents. This person will be your guiding light as you learn the ropes of real estate.
Complete a Real Estate Sales Application
You are required to apply for a real estate sales agent license within one year of passing your examination. You can do this by filling out the electronic application or by mailing in the paper version. With your application, be sure to send in your application fee, payable to the Maine State Treasurer, as well as your examination results and certificate of course completion.
Along with your real estate application, you also need to include notarized statements from at least three people stating that you are trustworthy, honest, and competent. Your supervising real estate broker also needs to provide a written statement.
During the application process, you will undergo a criminal background check. It is important that you are as honest as possible when you disclose any criminal history. While the original offense may not have been enough to keep you from becoming a real estate sales agent, lying could be the difference between working in real estate and having your application declined.
Pursue Your Future as a Real Estate Agent
Real estate sales agent licenses are not renewable in Maine, so you must work toward qualifying for a license as an associate broker. Continuing education courses are part of the process. You are required to learn more about the business side of working in real estate in addition to learning more about the legal and practical aspects of the industry. All of this knowledge comes together to make you a great Maine real estate agent.
This is where come in, helping you reach the next level of your real estate career. Contact us for more information about real estate continuing education.