Real Estate Broker/Designated Broker

• Application/License fee: $80.00

• Biennial

General Requirements

• Completed License Application
• Hold a high school diploma or equivalent.
• Be at least 18 at time of application for the license.

How to Qualify for the License

• Complete the course the Designated Broker Course with a minimum final grade of 75%. Must apply for the broker license within one calendar year of completing the course, and
• Furnish a resume of full-time experience as a licensed associate broker for the one year (12 months) immediately preceding the date of application for a broker license. Experience shall be recorded on the brokerage summary (revised 10/2007) and supplemented with a resume of related experience, if applicable.

Or

• Complete one year of practice as a licensed sales agent, and
• Furnish transcript(s) showing completion of 2 years (60 credit hours) in a business degree program, 9 credits of which must be for successful completion of the Sales Agent Course, the Associate Broker Course, and the Designated Broker Course. Application must be made within 5 years of completion of the degree work, with the exception of "Role of the Designated Broker" which must have been completed within one year of the date of application for a broker license.

Click Candidate Handbook for more detailed information about licensing requirements.

Click the Designated Broker Course to go to a schedule of course offerings.

• Application form (PDF)

Get the free Adobe Acrobat Reader 4.0 or higher to access PDF files.

• Biennial renewal fee for an active license is $80.00
• Biennial renewal fee for an inactive license is $65.00
• A $50.00 late fee is assessed for licenses renewed after the expire date

• Renews biennially on the anniversary of the original license

• This license must be renewed on or before the expire date by completing the continuing education requirement, submitting the renewal application and payment of the prescribed fee for the Broker to remain properly licensed to conduct real estate brokerage.
  • Continuing Education Requirement - 21 hours of Commission approved continuing education is required for renewal. This must include 3 hours for the course designated as the core requirement at the time of renewal. All licensees renewing or activating prior to December 31, 2008 must complete EITHER "New Laws and Rules Core Course" OR "What Am I - and Why is it Important? Core Course" to satisfy the core requirement. After December 31, 2008, all licensees must complete "What Am I - and Why is it Important? Core Course" in order to renew or activate a license.
  • Continuing Education Audit- Effective January 1, 2002, licensees are not required to submit evidence of having completed the continuing education requirement when renewing a license. Monthly audits are conducted whereby those licensees audited are required to submit physical evidence that the continuing education requirement was completed on or before the date the license was renewed.
  • This license may be renewed up to ninety (90) days after the expiration date by complying with all requirements for renewal and payment of the $50 late fee in addition to the regular renewal fee. However, licensees renewing a license after the expire date are not licensed to practice until the license is properly renewed.
• A licensee who submits an application for renewal more than 90 days after the license expiration date is required to pass an examination covering Maine Real Estate Law and submit an original license application and fee to reinstate the license.
• Renewal reminders are mailed at least 30 days prior to the license expire date. It is the licensee's responsibility to keep the Commission informed of the current license address and to see that the license is renewed absent the renewal application. Licenses may be renewed online up to sixty days prior to expiration.
• To renew this license, click the link below and fill out the required information in the electronic form.

• Fill out the online renewal application and submit.
  
  The Department must verify that you have met all the conditions for renewal before your license is renewed. Online submission of your renewal application should not be construed as automatic renewal of your license.

Warning: By submitting a renewal application in any form by any method, the licensee is certifying that all requirements for renewal have been met prior to submission of the application, including the full continuing education requirement. Submission of the renewal application also constitutes certification of the licensee's understanding that the Commission will rely upon the information submitted for issuance of a license and that sanctions may be imposed, including suspension or revocation of the license, if the certification is found to be false.