Licensing

A new individual licensing regime was introduced on 17 November 2009. Anyone wishing to enter the real estate industry must apply to the Real Estate Agents Authority for a licence.  

There are three classes of licence:

  • Agent - this allows the licensee to carry out real estate agency work on his or her own account (whether in partnership or otherwise)
  • Branch manager - this allows the licensee to carry out real estate agency work for or on behalf of an agent
  • Salesperson - this allows the licensee to carry out real estate agency work for or on behalf of an agent.  A salesperson must be supervised by an agent or a branch manager when carrying out any real estate agency work.

 

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