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Written brokerage agreements must include a statement disclosing the real estate brokerage agency's policy on cooperating with and compensating other real estate brokerage agencies in the sale or purchase of real estate.
What is the living wage in Maine? The living wage in Maine is 22.10 per hour. This is the wage that a single person needs to earn to support themselves, assuming they are working full-time and are not relying on public assistance.
On average, real estate agents make $84,459 per year ing to salaries reported by Indeed users.
Ing to Glassdoor's data, the top five highest-paying states for real estate brokers are Montana, Missouri, Massachusetts, California, and South Carolina. Note that commissions can still vary considerably, based on city, market, type of properties, volume of sales, and experience levels.
Realtor Salary in Maine Annual SalaryMonthly PayTop Earners$136,516$11,37675th Percentile$121,000$10,083Average$96,921$8,07625th Percentile$77,000$6,416
Maine requires that real estate sales agents complete 55 hours of pre-license coursework before sitting for their exam. Most people choose to take their pre-license education course online. The majority of online courses are self-paced and include study materials like real estate practice exams and flashcards.
In certain situations a licensee may act as an agent for and represent both the buyer and the seller in the same transaction. This is called disclosed dual agency. Both the buyer and the seller must consent to this type of representation in writing.
In this guide: How much you'll pay | Average Maine realtor fees | How Maine agents set rates | How to save on commission in Maine | FAQ | Our research. The average total real estate commission in Maine is 5.12%. This includes a 2.66% listing agent commission and a 2.46% buyer's agent commission.