Frequently Asked Questions

1. How much can I expect to earn?

Typically you can earn based on your performance. Usually compensation is based on a percentage of the sale price of the homes you list or sell. To give you an idea: the average home price in the St. Stephen market is around $100,000 and commission can be 6%. Most often the commission on a sale is shared with another brokerage as there are usually two different Agents involved, each representing the buyer and the seller. You should target about 12 transactions for your first year in the business. By taking advantage of our training and technology you can significantly increase your productivity and efficiency.

 

2. Do I need a real estate license to sell real estate?

Yes, in order to trade in real estate on behalf of a client, you must have a valid real estate license and you must be registered with a licensed real
estate brokerage.

 

3. How do I get a real estate license in New Brunswick?

In order to get a real estate license you have to complete the licensing education courses. For further information on licensing process. See Licensing.

 

4. How long does it take to get a real estate license?

The minimum amount of time to get a real estate license a months. It will vary of course depending on  if you that the home study, your apptitude and ability to master the licensing requirements and your time flexibility to attend or complete the course. We are willing to offer tutorial sessions to assist you with completing the education process.

 

5. What can I expect out of the first few months in a real estate career?

As with any career, you usually get out of it, what you put in. Real estate sales are no different although you should expect that it will take at least a couple of months for you to become completely familiar with your new environment and establish a routine that works best for ou. In the first few months you should l be attending and completing training, building your knowledge of the real estate market and home values by attending open houses and meeting and networking with your peers in the industry, and of course, actively prospecting and building your database of potential buyers and sellers.

 

6. Can I set my own hours and do I have to pay for my own expenses?

As an independent contractor you are free to set your own hours of work. You will however, need to schedule your hours around your clients needs and the mandatory training and meetings that Exit Realty Charlotte County provides, as well as any continuing education courses that are required. You
are also required to cover your own business costs, eg. license fees, advertising and promotion etc.

 

7. How long will it take me to get established in a real estate career?

Individual success varies, but generally people who will do well in the business get off to a fast start. Salespeople with the highest potential usually have their first transaction completed within the first 3-6 months of licensing.