Understanding Maine Real Estate Agent Licensing

In Maine, real estate licensees can hold 3 different types of licenses.  The entry level licensee will have a Sales Agent license which is temporary.  During this two year licensing period agents must practice full time and complete additional course requirements.  At the end of this two year temporary period Sales Agents must take and pass their Associate Broker license test.  An Associate Broker license is a 2 year renewable license.  Every Associate Broker in Maine must complete 21 hours of continuing education to be eligible to renew their license.  The third type of real estate is a Broker license.  Broker licensees are able to operate their own real estate company.  Many licensed Brokers aren’t company owners or operators but would be agents who have the highest level of real estate education available in Maine.