business.gov.au

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

Description

You will need this licence if you intend to operate as an agent on behalf of clients for the sale of certain goods or services. These licences will allow you 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
  • business agent: involves business sales, associated dealings and trust accounting.

Agent licences are divided into two classes (class 1 and class 2). All licensees in charge of a real estate business must hold a class 1 agent licence.

Service type

Licence

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

Eligibility requirements

To be eligible for this registration, you must:

  • be 18 or older
  • hold the required qualifications
  • not have been disqualified from registration
  • complete and submit a National Police Certificate.

A person is disqualified from holding a registration if they:

  • have been convicted, in the ACT or elsewhere, of an offence involving dishonesty
  • have been bankrupt at any time within the last three years
  • have a mental incapacity that may affect the exercise of the person's functions
  • are registered and have contravened an order of the ACAT
  • hold a suspended registration
  • are disqualified under a corresponding law to be an agent or an employee of an agent that is suspended
  • are a registered salesperson who is applying for another kind of registration and have contravened a condition of said registration.

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.

Prerequisites

Must Have

National Police Certificate

Duration

Up to 3 years

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All -

Application fee:

  • 1 year - $970.00
  • 3 year - $2922.00.

Fees for 2024-25
Apply Duplicate Certificate All $25.00

Fees for 2024-25
Renew Renewal All -

Renewal fee:

  • 1 year - $970.00
  • 3 year - $2922.00.

Fees for 2024-25

Other resources

Task Business Structure Resources
Comply All Agents Practice Manual - PDF (Opens in new window)

Act(s) name

Agents Act 2003 Australian Capital Territory

Regulation(s) name

Agents Regulations 2003 Australian Capital Territory

Approval time

Within 12 weeks

Administering agency

Justice and Community Safety Directorate

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.