STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FIVE
_____
JOINT RESOLUTION RECOGNIZING MAINE'S REALTORS
WHEREAS, the Maine Association of REALTORS® has more than 6,500 members
actively involved in the business of real estate, with members and affiliates including lenders,
appraisers, title companies, building inspectors, surveyors and insurance providers; and
WHEREAS, the not-for-profit trade association provides each member with an equal
voice and representation in the real estate profession, serving members in all 16 Maine counties
and in their communities; and
WHEREAS, a healthy supply of affordable, safe, secure and high-quality residential and
commercial real estate inventory statewide supports the continuing growth of Maine's
economy; and
WHEREAS, real estate transactions stimulate Maine's economy and include not only the
money spent and reinvested in the sale price of a property but all those services and
expenditures that occur in relation to a property transaction, for both a buyer and a seller; and
WHEREAS, according to national statistics, it is estimated that one job is generated for
every 2 home sales, each home sale contributes about $170,100 to the economy and the real
estate industry accounts for 19.5% of the gross state product; and
WHEREAS, the real estate market in Maine is strong, as evidenced by the number of home
sales and the overall impact on Maine's economy in 2024 of 18.3 billion dollars; and
WHEREAS, real estate ownership is an investment in the future and one of the best ways
to build financial security through equity accumulation, and for many in Maine their real
property ownership represents their life savings; and
WHEREAS, expanding real property ownership will strengthen our State and its families
and communities, enhance our economy and create jobs; now, therefore, be it
RESOLVED: That We, the Members of the One Hundred and Thirty-second Legislature
now assembled in the First Special Session, take this opportunity to recognize the Maine
Association of REALTORS® and its members for their positive contributions to and the
significant role they play in the lives of Maine citizens and their communities and that their
service and dedication to this State are a tribute to those values and principles that we all hold
dear; and be it further
RESOLVED: That suitable copies of this resolution, duly authenticated by the Secretary
of State, be transmitted to the Maine Association of REALTORS® and Maine's 12 local
association boards and councils.
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