Welcome to your daily briefing on real estate developments in NB. Today we're covering 8 key stories including updates on new brunswick real estate headlines, new brunswick real estate updates. Let's dive in.
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The Open Government Portal provides property assessment parcels for New Brunswick.
Real estate professionals can use this map to verify property assessment data when evaluating listings or advising clients.
The New Brunswick Real Estate Association (NBREA) is a provincial association of REALTORS® working together to strengthen and promote standards of professionalism.
For real estate professionals in NB, NBREA provides a unified provincial body that upholds and advances industry professionalism.
The source is the homepage of 3 Percent Realty Atlantic Inc.
It gives New Brunswick real estate professionals a direct look at a realty firm operating with an NB-specific website.
Rate-My-Agent.com conducted a comprehensive study in New Brunswick to calculate real commission rates from actual transactions, listing the averages that real estate agents make.
New Brunswick real estate professionals can benchmark their own commission rates against actual provincial averages from real transactions.
Reach real estate professionals in this market
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The source reports national and provincial average Realtor commissions, calculated from over 979 actual transactions.
New Brunswick real estate professionals can use these commission averages to evaluate local market norms.
WOWA.ca offers a calculator to estimate New Brunswick real estate commissions, HST, and selling costs, including realtor fees for Moncton, Fredericton, Saint John, and more.
NB real estate professionals can use it to help clients understand selling costs and realtor fees within the province.
The 2020 National Building Code of Canada is now in effect in New Brunswick, requiring all construction work and occupancy changes (e.g., residence to daycare) to meet Code under the Building Code Administration Act introduced in 2021.
Real estate professionals in NB need to understand when a building permit versus a development permit is required, especially for property conversions like turning a residence into a daycare.
A Q&A explains that simple repairs, roof replacements and re-siding usually don't require a permit, while structural changes, additions, new construction and occupancy changes generally do.
For New Brunswick real estate professionals, understanding these permit triggers helps flag renovation risk and due diligence for clients.
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