Real estate agents

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.

Quick facts

3-Year Outlook

Good
Good

3-Year Job Openings

424
 

Median Hourly Wage

N/A

Average Salary

$61,000
 

Typically Required

College or apprenticeship

Employed

937
 
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. 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
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
N/A
N/A
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
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 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
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

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.

New Brunswick

$61,000

Newfoundland

$68,000

Prince Edward Island

$38,500

Nova Scotia

$66,200

Canada

$80,600
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

424
 

New Jobs: 3-Year

309
 

Retirements/Deaths: 3-Year

115
 

Ten Year Outlook

Total Openings: 10-Year

751
 

New Jobs: 10-Year

451
 

Retirements/Deaths: 10-Year

302