6 FAQs for New Real Estate Agents in MainePDH Staff
Becoming a real estate agent in Maine is a multi-step process. While you must first work as a real estate sales agent, you are required to obtain a license to work as an associate broker once the license expires. This requires dedication to the industry, but it also means you have to understand the field from the inside out.
It is not uncommon for new or prospective real estate agents to have questions. The answers to these frequently asked questions will help you plan and conquer your real estate career.
1. How Do I Take the Maine Real Estate Exam?
Once you have taken and passed the real estate sales agent class, you are eligible to sign up for the exam through Pearson Vue. In order to take the exam, you must bring two forms of valid identification and the course completion certificate. In Maine, the exam is administered in both Bangor and Westbrook.
2. How Do I Submit an Application for a Real Estate License?
First, you need to fill out the licensing application, either on paper or online. Make sure to also submit the results of your real estate exam and your course completion certificate.
Along with your application you must also submit payment of $121. If you are writing a check, make it payable to the Maine State Treasurer.
3. Do I Need to Renew My Sales License?
No. If you are a real estate sales agent in Maine, you cannot renew your license. Instead, you must work toward achieving an Associate Broker real estate license. In order to do this, you do need to meet continuing education requirements.
4. What Can You Do with the Online Real Estate Portal?
Thanks to the Main Real Estate Commission’s online real estate portal, you can perform a number of activities. These include making changes to your contact information and renewing your associate broker’s license. You can change your current license, like to activate or change agency affiliation. You may also be able to request a copy of your real estate license.
5. Can I Take Courses in Other States for My Maine Real Estate License?
In some cases, courses may count toward your Maine continuing education requirements. In order for this to happen, you must submit an application for the courses in addition to a fee. The commission will then determine if your courses are approved and how many hours of credit you have earned.
6. What Happens if I Don’t Renew My License in Time?
Renewal is required regularly for your Associate Broker license. If you have failed to take the required continuing education courses in time for your license’s expiration date, you will have 90 days in which you may complete coursework. You may then renew your license with an additional late fee. Unfortunately, you will not be able to work in real estate while your license is expired.
Are you ready to work in real estate? Are you trying to accumulate credits so that you can renew your license to work as an associate broker? Education is the key. Contact us for more information about taking real estate courses that will help further your career.