Real estate agents

NOC

63101

- Real estate agents and salespersons

help clients sell, purchase or rent properties, such as houses, condominiums, commercial buildings, land and other real estate.

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Full NOC Description

Real estate agents and salespersons act as agents for the sale or purchase of houses, apartments, commercial buildings, land and other real estate. They are employed in the real estate industry.

Main Duties

This group performs some or all of the following duties:

Solicit property sales listings from prospective vendors

Assist vendors in selling property by establishing asking price, advertising the property, listing the property with listing services and conducting open houses for prospective buyers

Assist prospective buyers in selecting, visiting, inspecting and making offers of purchase on real estate properties

Advise clients on market conditions, prices, mortgages, legal requirements and related matters

Draw up sales agreements for approval of purchaser and seller

May rent or lease properties on behalf of clients.

Real estate agents and salespersons may specialize in residential, commercial, industrial/institutional or rural real estate sales.

Also Known As

commercial real estate agent
real estate agent
real estate agent supervisor
real estate sales representative
residential real estate agent

Requirements

Employment Requirements

Completion of secondary school is required.

Completion of a real estate training course is required.

Provincial or territorial licensure in the province or territory of employment is required.

Provincial Regulation

Provincially Regulated: Yes

Regulation Body

Financial and Consumer Services Commission (FCNB)

Employment by Sex

The following graph shows the percentage of men and women working in this occupation in New Brunswick.

Data legend

52.6%

Female

47.4%

Male

Employment by age

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.

Data legend

3.1%

15-24

19.7%

25-34

22.8%

35-44

18.7%

45-54

20.2%

55-64

15.5%

65+

Employment by highest level of education

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.

Data legend

1.6%

No Certificate, Diploma or Degree

30.2%

High School, Diploma or Equivalent

9.9%

Apprenticeship or Trades Certificate or Diploma

36.5%

College or University Below Bachelor Level

21.9%

University - Bachelor Level or Above

Employment by Industry

The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.

Data legend

98.4%

Real estate and rental and leasing

N/A

1.6%

All Other Industries

Employment by Economic Regions

The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.

Data legend

9.30%

Northeast

37.80%

Southeast

21.20%

Southwest

22.80%

Central

8.80%

Northwest

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Annual Average Salary by Economic Regions

The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Data legend

$46,000

Northeast

$57,200

Southeast

$79,000

Southwest

$55,000

Central

$68,000

Northwest

Economic Regions

Hourly Median Wages by Economic Regions

The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.

No Data Available

Salary

The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.

Employment Outlook

The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).

Occupational Profiles