Becoming a REALTOR® in New Brunswick
Step 1: Introduction to a Career in Real Estate
The Introduction to a Career in Real Estate course is a pre-requisite online course available in English and French that provides you with the information you need to make an informed decision whether or not to pursue a career in real estate.
Step 2: Salesperson’s Pre-Licensing Education Course (Self-Directed Study)
The Salesperson’s Pre-Licensing Education Course is designed to introduce the new salesperson to the real estate industry and prepare them to write the qualification exam.
The self-directed study option is designed to facilitate the participation of potential members where the classroom schedule does not meet their needs. The participant purchases the course and then studies the materials at his/her pace.
In addition to completing the material at your own pace, all Self-Directed Study students are required to attend the three (3) day Practicum. The Practicum portion of the Salesperson Pre-Licensing Education (PLE) course is a three (3) day session, held on the second weekend of each month. The Practicum must be completed in order to qualify to write the PLE exam.
Step 3 – The Examination
At the end of the Salesperson’s Pre-Licensing Course, you will be required to write an exam. The pass mark for the exam is 75%. Anyone who fails the exam may rewrite once, within six (6) months (rewrite examinations can be scheduled through the NBREA office). Before rewriting the exam a third time, students must pay a fee.
Note: Students who retake the course and unsuccessfully write the exam four (4) times must wait a period of one (1) year before retaking the course or request a waiver from the Committee of Examiners.
Step 4 – Becoming Licensed to Trade in Real Estate
Company—In order to receive your licence after successfully completing the exam, participants must be registered with a licensed real estate company. We suggest you contact various companies in your area of choice, before or after writing the examination, to discuss working arrangements.
NBREA Membership—Once you have determined which licensed real estate company you will work for, you can obtain your membership with NBREA. Once all forms and your membership dues are received, NBREA will make recommendation to the Financial and Consumer Services Commission for your licence.
Financial and Consumer Services Commission Licence—The Commission requires applicants to complete a licence application, pay the licensing fee and submit to a criminal record check. For more information please contact them directly at (506) 453-2322.
Local Board Membership—The Local Real Estate Boards are responsible for administering access to the Multiple Listing Service® (MLS®) System, lock boxes and other supplies. For more information on joining a local real estate board and their associated fees, please contact one of the following:
|Saint John (including Northern and Valley regions)||email@example.com|
Step 5 – Licence/Membership Maintenance
NBREA requires all members to complete Mandatory Continuing Education (MCE) each year. The MCE course is determined by the Committee of Examiners and approved by the Financial and Consumer Services Commission. Anyone who holds a real estate license, whether it be salesperson, manager or agent, must take their required course(s). Members licensed as Agents or Managers may have an additional course which must also be completed each year.