Real Estate, Stock and Station, or Business Agent Licence - Australian Capital Territory

Service summary

You will require this licence if you intend to operate as an agent on behalf of clients for the sale of certain goods or services. These licences allow a sole trader, a partnership or a firm to trade as a real estate agent, stock and station agent, or a business agent.

Different types of agents deal with different goods and services:

  • Real estate agent: involves sales, property management and trust accounting;
  • Stock and station agent: involves rural sales, rural property management and trust accounting; and
  • Business agent: involves business sales, associated dealings and trust accounting.

There are three types of real estate licences granted in the ACT:

  • Real estate agent: can undertake all functions;
  • Conditional real estate agent to sell land by auction: can only conduct selling land by auction and cannot employ salespeople; and
  • Conditional real estate agent to manage an owners corporation: can manage an owners corporation and employees do not need to be registered salespeople.

Please use the contact details below to find out more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

Applicants must be 18 years of age or older and have successfully completed a qualification in the Property Development and Management Training Package (PRD01) or have completed 18 units from the Property Services Training Package (CPP07). The specific units of competency can be found in Attachment 1 of the Agents Practice Manual. It is a requirement of this licence to undertake and to demonstrate your continuing professional development. This can be managed by compliance with the continuing professional development guideline 2008.

If you hold a licence in another State or Territory and intend to conduct work in the Australian Capital Territory your licensing status will be recognised under the mutual recognition system.

In the case of a partnership or a firm, each member of the partnership or firm must be eligible for a licence, and at least one member of the partnership must be licensed.

You must publish a notice of your intention to apply for a licence (specifying the licence category or categories), in a daily Australian Capital Territory newspaper, before you apply for a licence.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

3 years.

Fees

 TypeDescription
ApplyApplication

$762 apportioned on a monthly or part thereof basis if less than twelve months, with a minimum charge of $68, or $2286 for more than 12 months and up to 3 years.

RenewRenewal

$762 apportioned on a monthly or part thereof basis if less than twelve months, with a minimum charge of $68, or $2286 for more than 12 months and up to 3 years.

Other resources

 Resources
Comply Agents Practice Manual - PDF Opens a PDF in a new browser window

Lodgement

Lodge

You must publish a notice of your intention to apply for a licence (specifying the licence category or categories), in a daily Australian Capital Territory newspaper, before you apply for a licence. You must lodge your application within 10 business days after the notice is published and include a copy of the page on which your notice of intention is published.


Apply

Please lodge your application and accompanying documentation directly with the administrating agency. The documents that need to be completed and submitted are as followed:

  • Personal particulars form;
  • Statutory declaration for an agent licence or salesperson registration;
  • National Police Check from the Australian Federal Police;
  • Statutory declaration for mutual recognition (if you hold the same type of licence interstate);
  • Additional particulars (about trust account);
  • Premises particulars;
  • Certified copies of 2 forms of identification, one being photo identification; and
  • Statement of Attainment of qualifications or notice provided by the Registered Training Organisation confirming enrolment to the relevant course.

Approval time

Within 12 weeks.

Administering agency

Chief Minister, Treasury and Economic Development Directorate
Access Canberra

Act(s) name

Agents Act 2003 (Australian Capital Territory)

Regulation(s) name

Agents Regulations 2003 (Australian Capital Territory)

Contact details

Enquiries
Chief Minister, Treasury and Economic Development Directorate
Access Canberra


Mailing address:
General Post Office Box 158
Canberra,Australian Capital Territory,2601
Australia

Phone:

02 62073000

Phone:

132281
accesscanberra.bil@act.gov.au

Website:

Access Canberra Opens in a new browser window

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.