LicenseCompass

Real Estate Broker/Designated Broker License in Maine

Quick Answer

Maine requires broker-dealer registration through the Department of Professional & Financial Regulation, FINRA exams (Series 7 + Series 63/66), and CRD system filing.

Exam
FINRA Series 7 + Series 63
Total Cost
$500 (est.)
Timeline
2-4 months
Background Check
Required
Renewal
Every Annually (December 31)

Requirements

Real Estate Broker/Designated Broker license in Maine

gold
Education
Specific course required
Exam
State exam required
Background Check
No criminal record prohibitions
Continuing Education
No continuing education requirement to maintain license
Veterans Benefits
N/A - Not displayed

Estimated Costs Est.

Exam Fee
$305
Total Estimated Cost
$500

Licensing Agency

Maine Department of Professional & Financial Regulation~Office of Professional and Occupational Regulation

Cost Breakdown

Estimated costs for getting your Real Estate Broker/Designated Broker license in Maine. Values marked "Est." are extracted from official descriptions.

Enter the cost of your pre-licensing education program

$
Exam FeeEst.$305
Total Estimated Cost$305

Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Maine licensing board.

Real Estate Broker/Designated Broker Salary in Maine

Entry Level

$45,990

Median

$62,330

Experienced

$153,790

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed Real Estate Broker/Designated Broker in Maine.

  1. 1

    Complete Education Requirements

    Specific course required

  2. 2

    Submit Background Check

    No criminal record prohibitions

  3. 3

    Pass the Required Exam

    State exam required — FINRA Series 7 + Series 63

  4. 4

    Submit Your Application

    File your application with the licensing agency.

  5. 5

    Receive Your License

    Processing typically takes 2-4 months.

Real Estate Broker/Designated Broker Licensing in Maine: What to Know

Maine registers broker-dealers through the Department of Professional & Financial Regulation, Office of Professional and Occupational Regulation. The COS data describes a broker-dealer as a person who buys and sells securities for their and their customers' benefit. The listing indicates broker-dealer registration is tied to the business entity, with no exam requirement at the entity level. Individual agents must pass FINRA examinations including the Series 7 and Series 63 or 66 and register through the CRD system under Maine's Uniform Securities Act.

Frequently Asked Questions

How much does a Real Estate Broker/Designated Broker license cost in Maine?
The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
How long does it take to get a Real Estate Broker/Designated Broker license in Maine?
The process typically takes 2-4 months, depending on education completion and exam scheduling.
What exam do I need for a Real Estate Broker/Designated Broker license in Maine?
You need to pass the FINRA Series 7 + Series 63. State exam required

Considering another state?

Compare Real Estate Broker/Designated Broker requirements across states.

View all states →

Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.