Monday 31 January 2022

New Brunswick sees growing number of people becoming Realtors

https://www.cbc.ca/news/canada/new-brunswick/real-estate-agents-growth-1.6331946

 

New Brunswick sees growing number of people becoming Realtors

Increase coincides with hot housing market across the province

"You're part of something really special," Ryan said in an interview. "You don't buy homes every day. That's going to be the home that people live in. They're going to make memories here. They're going to have families, they're going to have birthdays and Christmases. 

"So to be able to hand that key to someone and say, 'Congratulations, this is your new home,' it's a huge thrill."

Ryan, with Keller Williams Capital Realty in Moncton, is among hundreds of newly licensed real estate agents in New Brunswick.

                                 Amanda Ryan became a Realtor in the Moncton-area last year. (Jessica Gautreau/Submitted by Amanda Ryan)

Figures from the New Brunswick Real Estate Association show the number of licensed agents remained relatively stable over eight years, ranging from a low of 780 in 2016 up to 930 in 2019. 

Then the number climbed to 1,025 at the end of 2020 and again to 1,245 as of December of 2021. 

It's an increase Dwayne Hayes is familiar with as the group's director of education and IT systems. It's a role that sees him talking to each prospective agent for a practicum. 

Hayes says he can't give a definitive reason for the growth in recent years. 

"We don't really track their reasons for coming into this industry." Hayes said. "But you know, it's an exciting industry and people are always looking for a new career opportunity."

Dwayne Hayes, director of education and IT systems with the New Brunswick Real Estate Association, says they've noticed the increase in people becoming Realtors. (CBC)

The growth coincides with a hot housing market. Average home prices across the province climbed sharply in recent years, increasing 25 per cent over the last year to $248,214.

Active listings in December were the lowest in two decades, an association news release says. 

Ryan said she suspects the market has influenced people to move into the industry. 

"They think there's all this money and all this stuff happening," Ryan said. 

Getting listings is almost like getting gold these days.
- Amanda Ryan

She said it has made it an interesting time to become a Realtor. 

"Getting listings is almost like getting gold these days. Everyone wants to find listings," Ryan said. 

It means helping customers navigate multiple offers so they don't overpay. 

"It's really great when you do get that signed offer and you get to hand the keys to someone and say 'Here you go.'"

As a new agent, she said it's taken time to build a reputation and see her work pay off, since one deal can take several months. 

"You have to be able to accept that it takes a really long time for things — to see the rewards of your work," Ryan said. 

Ryan said she's personally been contacted by people who are interested in joining the industry. 

The multi-step process includes a mandatory course through the New Brunswick Community College in partnership with the real estate association. 

Enrolment in the online course has climbed from 178 in the 2016-17 school year to 574 in 2020-21, according to NBCC.

For those considering the job, Ryan said it can look easy from the outside. 

"People are quite surprised at how difficult it can be to learn" because there's so much involved in the legal contracts, Ryan said.

 

63 Comments
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David Amos   
Content deactivated 
Methinks Dwayne Hayes should have taught them what I know about the title Insurance companies, many lawyers and SNB N'esy Pas?
 
 
 
 
 
 
Jos Allaire
Realtors?
Rhymes with real actors!
 
 
David Amos
Content deactivated 
Reply to @Jos Allaire: All the world’s a stage,
And all the men and women merely players;
They have their exits and their entrances;
And one man in his time plays many parts,

They say Willy Boy wrote it
But its hard telling knowing for sure 
 
 
 
 
 
 
 
Robert G. Holmes
What have Realtors ever done to support and promote Community Housing?
 
 
Buford Wilson
(Unfortunately that’s not in their job description, Robert.)
 
 
Jos Allaire
Reply to @Buford Wilson: Their job description is to rip people off!
 
 
David Amos 
Reply to @Jos Allaire: Tut Tut Tut
 
 
 
 
 
 
 
Jos Allaire
They do nothing except pocket a hefty commission.
 
 
Jos Allaire
I'm about to sell my last piece of real estate. Never used a realtor before. There is no need of them in this day and age. They don't work for neither the seller nor the buyer. They work for themselves.
 
 
peter clause
Reply to @Jos Allaire: right on the money. I buy rental complex and refuse to go with realtor why? I tell the owner that if he wants to take a realtor that’s ok but I’m representing myself and taking the cut. I need a lawyer anyhow. Just golibal people will fall for it.
 
 
David Amos 
Reply to @Jos Allaire: Amen
 
 
 
 
 
 
 
Jos Allaire
I'm about to sell my last piece of real estate. Never used a realtor before. There is no need of them in this day and age. They do nothing except pocket a hefty commission and constantly operate in flagrant conflicts of interest. They don't work for neither the seller nor the buyer. They work for themselves.
 
 
David Amos
Reply to @Jos Allaire: I like Kijiji
 
 
Jos Allaire
Reply to @David Amos: That's what I use, all the time. Property Guys called me to advertise with them and I told them to be my guest provided they charge me the same price as Kijiji.
Why buy a cow when you can get the milk for nothing, eh?
 
 
David Amos
Content deactivated 
Reply to @Jos Allaire: Methinks you and Maggy think a lot alike N'esy Pas? 
 
 
Jos Allaire
Reply to @David Amos: Maybe we do!
 
 
 
 
 
 
 
Francois Dechamplain 
Obviously there are more and more realtors. No special skills required to lock and unlock a door, sign your name a few times and bring buyers to a house you didn't even took the time to learn the listing and then you charge an easy 5% of the amount of the house the owner took years to build that equity for just a few hours of your time. People, you can sell your house, you can buy a house without a realtor you just need a good lawyer. The most useless profession and they all make a few hundred grand a year right here in NB. 
 
 
Jos Allaire
Reply to @Francois Dechamplain: Hear! Hear!
 
 
David Amos
Reply to @Francois Dechamplain: Please name a "good lawyer"
 
 
Jos Allaire
Reply to @David Amos: At least, they must do some amount of work and charge way less than realtors.
 
 
David Amos
Reply to @Jos Allaire: They do even less work and sometimes intentionally do far worse damage to their clients than mere incompetence could possibly justfy 
 
 
 
 
 
 
 
Billy Joe Mcallister 
So the Conservative gov't Covid recovery plan starting to come to light - Escalate the cost of housing by advertising in Toronto what a great place to live NB is then all those NB'ers that were adversely affected by vaccine mandates can become real estate agents. Can't miss! 
 
 
Johnny Lawrence
Reply to @Billy Joe Mcallister: you have broken this case wide open Sherlock, well done. The "Plague Rat Express" that was in Ottawa this weekend, those are actually house moving trucks moving more people here, but being done secretly and using the convoy as a cover, shhhh, keep this on the down low and you did not hear this from me.
 
 
Vincent Furnier
Reply to @Johnny Lawrence: "Plague Rat Express" You owe me a coffee as most of mine just came out through my nose. Lol.
 
 
Billy Joe Mcallister
Reply to @Johnny Lawrence: Elementary Watson...Looks like another "clear cut' case selling out the province to the highest bidder. Speaking of Ottawa, I was sure you would be there in the midst of the protest moonlighting as a government agent provocateur.
 
 
Johnny Lawrence 
Reply to @Vincent Furnier: I can't take credit for that one, a heard it from a trucker of 26 years.
 
 
Johnny Lawrence
Reply to @Billy Joe Mcallister: wait, people sell things for the most money, bizarre. Spending 5 minutes with that group cuts intelligence levels in half.
 
 
David Amos
Content deactivated
Reply to @Vincent Furnier: Why is it that I am not laughing?
 
 
Jos Allaire
Reply to @David Amos: Me neither. 
 
 
 
 
 
 
 
Rick Randall
Its been a good time for me, I just show up for the many open houses and do my Hmm and Haw routine while eating the provided pastries and coffee before moving onto the next one.
 
 
Bryan Jones
Reply to @Rick Randall: Aim for the high end properties and it's like a guided tour around a stately home for free with free food thrown in.
 
 
Rick Randall
Reply to @Bryan Jones: Those are delicious... they do get upset though when I use their Master and guest bathrooms, I was told I could keep their embroidered hand towels after I used them because they "couldnt get that out with even the strongest of detergents"
 
 
 Buford Wilson
(Did you wipe your behind with the hand towels, Rick?
 
 
David Amos
Reply to @Buford Wilson: Yet my comments are erased???
 
 
 
 
 
 
 
 
 
Charlie Thepyr 
Great article. It takes hard work and perseverance to become successful along with a caring attitude and pleasant personality and Amanda has all of this covered. I am sure Amanda will have a long successful career in what ever she puts her mind to.
 
 
Jane Smith
Reply to @Charlie Thepyr: Thanks "Amanda" for your input!
 
 
David Amos
Reply to @Jane Smith: LOL
 
 
 
 
 
 
 
 
Eddy Jay
Too bad there is no inventory to sell. My wife was a realtor for 20 years back in the 90's. Got her license again last spring. Packed it in after a month after realizing how toxic the business is. Cut throat an unethical to say the least.
Save your money and pick another career.
 
 
Jos Allaire
Reply to @Eddy Jay: How can they trust their own when they know what they are?
 
 
David Amos
Reply to @Eddy Jay: Here Here
 
 
Jos Allaire
Reply to @David Amos: Hear hear, David!
 
 
David Amos
Reply to @Jos Allaire: There There Maggy
Methinks you don't appreciate my playing with words N'esy Pas? 
 
 
 
 
 
 
 
 
 
 
 
 

 

 

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