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Apply for a corporate real estate agent licence

Your real estate company must have a corporate licence. You will need to apply to us.

Application for a corporation's licence (PDF, 338KB)

Authorised activities

A corporate real estate licence allows your company to:

  • buy, sell, lease or exchange property (or an interest in a property)
  • collect rent
  • manage a rental property
  • negotiate a property transaction
  • facilitate the transaction
  • show a property to potential buyers or renters
  • inspect property for sale or rent
  • advertise, place signs and open a property for inspection
  • operate trust accounts.

For the purposes of this licence, property can be:

  • residential property
  • business property
  • rural property
  • units in a building complex
  • empty land.

Restrictions

Personnel

Your personnel must have individual licences too if they are:

  • directors of the company and carry out the work of a real estate agent themselves
  • the officer in charge of the principal place of business.

A director does not need a licence if they don’t act as a real estate agent.

Business operations

You may trade under your corporation name or registered business name. If you use your registered business name, you must register the company as the owner of the business name.

If you are partners with another company, the other company must also have a current licence.

Eligibility

Your company must have an individual licensee in charge of the principal place of business to be eligible for this licence.

Suitability

You are not a suitable company if you:

  • are currently disqualified from holding a licence
  • have been convicted of a serious offence within the past 5 years
  • have an unsuitable director or executive officer.

Serious offences

A serious offence is anything punishable by 3 or more years in prison. These include:

  • violent offences (including threats to use violence)
  • fraud and dishonesty
  • drug trafficking
  • extortion
  • arson
  • unlawful stalking
  • an offence of a sexual nature.

Directors and executive officers

You are not suitable for a licence if any director or executive officer:

  • is an insolvent under administration
  • is currently disqualified from holding a licence or registration certificate
  • have been convicted of a serious offence within the past 5 years.

We also consider if they:

  • have a criminal history
  • have been an executive officer of a corporation, which was previously licensed, that has gone insolvent
  • were the subject of a successful claim fund action
  • have been cancelled or suspended from holding a licence or registration certificate
  • have been previously disqualified from holding a licence or registration certificate
  • are disqualified from being a company director
  • have previously been an insolvent under administration
  • are unsuitable because of their character or the character of their business associates.

Receivership or liquidation

You must tell us if an executive officer has previously been an executive officer of a corporation that:

  • was previously licensed
  • has gone into receivership or liquidation.

You must also tell us:

  • what circumstances caused it to happen
  • whether the executive officer took all reasonable steps to avoid these circumstances
  • what assets they had available to distribute
  • how much money (if any) they paid in dividends
  • whether they broke any laws relating to these circumstances
  • whether they are now disqualified from being a company director or other officer.

You must also include a report from the receiver or liquidator that gives us:

  • a detailed list of the executive officer’s creditors
  • the amount of money they still owe to each creditor.

Lodgement

When you lodge the form, you will need to attach formal identification for anyone named on your form. These will be:

  • your executive officers
  • all business partners or associates.

Your identification must be a certified copy of any of the following documents:

  • Birth certificate or extract
  • Driver's licence
  • Passport
  • Citizenship certificate

You will need to pay certain fees when you lodge your application. These include:

  • the licence fee of $783.80 for 1 year or $1,413.30 for 3 years
  • a criminal history check fee of $39.00 per person.

Places of business

You may have multiple places of business, but you must register all of your business addresses when you apply for your licence.

The person in charge at the principal place of business must have a current individual licence. You must also appoint a licensee or registered salesperson in charge at each other place of business.

However, a registered salesperson cannot be person in charge if:

  • the place of business operates as a resident letting agency
  • their registration is subject to conditions.

Find out more about places of business

Criminal history check

To confirm your suitability, we will submit your application for a criminal history check. This will be thorough and may be time consuming.

The criminal history check will apply to each individual named in your application.

Processing time

The processing time is 4–6 weeks. This can take longer if your application is not complete. This might be because of:

  • missing information
  • unpaid fees.

We will contact you if you submitted an incomplete application. You will need to complete the application before we can proceed. Otherwise, we may withdraw your application.

Refunds

Depending on your circumstances, you may be entitled to a partial refund if:

  • you withdraw your application
  • we refuse your application.

You may also get a refund on the fee for a criminal history check if it hasn’t been started yet.

Training

You don’t need any training for this licence.

Starting to operate

Do you know your legal requirements?

Once you have your licence, you will need to follow a range of legal requirements.

Penalties may apply if you breach these requirements.

Managing your business

Handling a property transaction

Breaches and penalties

Certified documents

A photocopy is not a certified copy unless you do the following.

Take the original document and a copy of that document to:

  • a Justice of the Peace (JP)
  • a Commissioner for Declarations (C.dec)
  • a solicitor or barrister
  • a notary public.

They will:

  • stamp and/or sign the copy
  • write 'This is a true copy of the original document' on the copy.

This now becomes a certified copy.

Find a JP or C.dec in your area

If you visit any of our locations, you can bring the original document with you and one of our officers wil make a certified copy.

Please do not post us the original documents.

Last updated
30 June 2017
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