Real estate agents

Real estate agents

NOC
6232

- Real estate agents and salespersons

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

Quick facts

3 Year Outlook

Fair
Fair

3 Year Job Openings

77
 

Median Hourly Wage

N/A

Median Salary

$43,681
 

Typically Required

College or apprenticeship

Employed

735
 

% Working Full Time

86%
 

% Working Full Year

77%
 
Job details

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 and are employed in the real estate industry.

Main Duties

Real estate agents and salespersons perform 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 supervisor
  • real estate agent
  • 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
  • Compulsory: Yes
  • Red Seal: No
  • Certified Interprovincial Mobility: Yes
Employment by Sex

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

Data legend

50.0%
Female
50.0%
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

1.6%
15-24
12.6%
25-34
18.1%
35-44
26.8%
45-54
26.0%
55-64
15.0%
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

3.2%
No Certificate, Diploma or Degree
24.0%
High School, Diploma or Equivalent
10.4%
Apprenticeship or Trades Certificate or Diploma
33.6%
College or University Below Bachelor Level
28.8%
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

100.0%
Real estate and rental and leasing
0.0%
N/A
0.0%
N/A
0.0%
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

6.30%
Northeast
32.30%
Southeast
26.80%
Southwest
29.10%
Central
5.50%
Northwest
Province of New Brunswick Economic Regions

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 Median Salary by Economic Regions

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

Data legend

$29,965
Northeast
$49,999
Southeast
$24,576
Southwest
$40,530
Central
$64,278
Northwest
Province of New Brunswick Economic Regions

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.

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

This following represents the median salary of all persons employed in this occupation compared to the median salary of workers employed in this occupation that work full-time year-round.

All Workers Employed in this Occupation

$43,681

Workers Employed Full-time, Full-year

$48,661

This following represents the median salary of persons employed in this occupation across each of the Atlantic Provinces and nationally.

New Brunswick

$43,681

Newfoundland

$43,176

Prince Edward Island

$23,879

Nova Scotia

$24,068

Canada

$31,366
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).

Three Year Outlook

Total Openings: 3 Year

77
 

New Jobs: 3 Year

-8
 

Retirements/Deaths: 3 Year

85
 

Ten Year Outlook

Total Openings: 10 Year

263
 

New Jobs: 10 Year

-9
 

Retirements/Deaths: 10 Year

273