Sales Agent Correspondence Course: This 55 hour remote learning course, approved by the Maine Real Estate Commission, is a prerequisite to taking the Pearson VUE state licensing exam. Based on the book, Introduction to a Successful Career in Maine Real Estate, by Charles “Kim” Coit, its content includes material that is basic to the practice of real estate in Maine. Concepts covered include the following topics:
- How the business is organized and regulated by the Maine Real Estate Commission
- Licensing laws and agency relationships
- Fiduciary duties of a licensee with an agency agreement with a buyer or seller
- Private property rights with attention to the public and private limits that may exist on those rights
- Required disclosures licensees must make to make to buyers and sellers
- Basics of contracts and how to complete agreements for real estate transactions
- Introduction to real estate financing and overview of different loan products available
- Closings and closing costs
- Tax considerations of property ownership
- Miscellaneous federal laws including Fair Housing and Americans with Disabilities
The material is covered in four modules. In each module, there are questions based on the text, followed by a quiz. Students work on a module, then mail it in for review and grading of the quiz. The completed module is returned with answers to the questions and quizzes. The last module has a final exam. On completing the course with a grade of 75 or better, students will receive a certificate of completion that will enable them to take the Pearson Vue state exam. Students have one year to complete the course.
Upon passing the Pearson VUE exam with a grade of 75 or better, students can apply for their Sales Agents License and join a Maine Real Estate Company and practice real estate.
Students are welcome to call or email the instructor at any time during the course with questions.
- Introduction to a Successful Career in Maine Real Estate textbook
- Maine Real Estate Commission License Law Reference Book
Please note, costs of mailing materials to your professor are not included in the course cost.