Real Estate Broker/Designated Broker
Real estate broker means a person licensed by the Department of Professional
and Financial Regulation to offer, attempt to conduct or to conduct
services on behalf of another for compensation which includes, but is
not limited to, listing real estate for sale; promoting the purchase,
sale or exchange of real estate; buying, advertising or holding oneself
out as offering specific services defined by law and selling or exchanging
real estate [reference 32 MRSA Chapter 114 §13001 "Definitions"].
A broker licensee must be affiliated with a licensed real estate agency
to be eligible to perform brokerage services.
In addition, a licensed real estate broker may act as designated broker
for an agency and, as such, is responsible for the actions of the agency
and its associates or employees.
This license may be held on an inactive status.
How to apply
| Fees |
- Application/License fee: $100.00
- Criminal Records Check Fee: $21
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| Term |
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| Requirements |
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 Designated
Broker Course with a minimum final grade of 75% and submit the original course completion certificate with the application. Must apply
for the broker license within one calendar year of completing
the course, and
- Have been licensed as an
associate broker affiliated with a real estate brokerage agency for 2 years within the
5 years immediately preceding the date of application submitted to the Commission (effective 9/12/2009 - see explanation)
Click Candidate Handbook for more detailed information about licensing requirements.
Click the Designated Broker Course
to go to a schedule of course offerings.
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| Apply Now |
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Renewal fees and information
| Fees |
- Biennial renewal fee for an active license is $100.00
- Biennial renewal fee for an inactive license is $100.00
- A $50.00 late fee is assessed for licenses renewed after the
expire date
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| Terms |
- Renews biennially on the anniversary of the original license
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| Requirements |
- 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 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.
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| Renew Now |
- 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.
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Last Updated:
September 24, 2009