Real Estate and Business Agent Licence (Body Corporate) - Western Australia

Description

You will require this licence if your company intends to buy, sell, lease or manage real estate or a business on behalf of a vendor, landlord, purchaser or tenant in Western Australia.

A real estate licence is continuous, and does not require renewal. However, if you successfully obtain a licence, you will be grated a triennial certificate which entitles you to conduct your real estate business for three years. If you intend to continue to operate your business at the end of the three year period, you must renew your triennial certificate.

You may employ a person to act as your representative provided that person meets all the eligibility requirements for acting as an Agent's Representative and is registered as your Representative. Please note that as the licensed real estate agent, you are legally responsible for the actions of that representative.

Note that only a company incorporated under Australian Corporations Law may hold a body corporate licence.

Please consult the Contact Officer for more information.

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 licence:

  • all directors and managers of the company must be of good character and repute
  • at least one director must be licensed as a real estate and business agent. Where there are more than three directors, at least two of them must be licensed
  • each director must provide a national police certificate, and two written references affirming their good character, reputation and fitness to hold the licence
  • the person in bona fide control of the business must be licensed
  • the company must have sufficient material and financial resources to operate the business
  • submit the prescribed forms
  • pay the prescribed fees.

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

Duration

3 years.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application Sole Trader, Partnership, Company, Trust, Co-operative, Incorporated Association, Other $1244.00

Including Triennial certificate and mandatory contribution to Fidelity Guarantee Account.

Apply Licence Sole Trader, Partnership, Company, Trust, Co-operative, Incorporated Association, Other $234.05

Holding fee

Renew Renewal Sole Trader, Partnership, Company, Trust, Co-operative, Incorporated Association, Other $644.60

Renewal of triennial certificate.

Approval Time

A licence can be issued within 4 to 8 weeks.

Administering agency

Department of Mines, Industry Regulation and Safety

Consumer Protection

Contact details

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

Enquiries, Licensing Branch

Operating address: Mason Bird Building
Level 1
303 Sevenoaks Street
Cannington, Western Australia 6107
Mailing address: Locked Bag 14
Cloisters Square PO
Western Australia 6850
Phone: 1300 304 064
Phone: 08 6251 2931
Email: cplicensing@dmirs.wa.gov.au
Website: Consumer Protection (Opens in new window)