National Occupational Classification (NOC) 2021 Version 1.0

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National Occupational Classification (NOC) 2021 Version 1.0
Introduction
Hierarchical structure

63101 - Real estate agents and salespersons

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.

  • Illustrative example(s)

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

    All examples

  • Exclusion(s)

    • Assessors, business valuators and appraisers (See 12203 Assessors, business valuators and appraisers)
    • Insurance, real estate and financial brokerage managers (See 10020 Insurance, real estate and financial brokerage managers)
    • Mortgage broker (See 11109 Other financial officers)
    • Rentals agent (See 13101 Property administrators)
    • Right-of-way agent (See 12102 Procurement and purchasing agents and officers)

  • 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.

  • 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.

  • Additional information

    • Real estate agents and salespersons normally work on a commission basis.
    • Real estate agents may operate independently by obtaining a broker's licence in accordance with the regulations of the province of employment. A broker's licence is required to become a manager in real estate.
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