What are the agent's and branch manager's licence criteria?
You will only be entitled to an agent's or branch manager's licence if:
- you are 18 years old or over; and
- you are not prohibited from being licensed for any of the reasons set out in section 37 of the 2008 Act; and
- you are a fit and proper person to hold a licence; and
- you have the prescribed qualifications; and
- you have obtained three years real estate industry experience within the last 10 years.
Refer to section 36(1) of the Act.
What is the salesperson's licence criteria?
You will only be entitled to a salesperson's licence if:
- you are 18 years old or over; and
- you are not prohibited from being licensed for any of the reasons set out in section 37 of the 2008 Act; and
- you are a fit and proper person to hold a licence; and
- you have the prescribed qualifications.
Refer to section 36(2) of the Act.
The prescribed qualifications are set out in the Real Estate Agents (Licensing) Regulations 2009.
Who cannot hold a licence?
Certain people are not eligible to hold a licence, such as a person who has been convicted of a crime involving dishonesty in the ten years before they apply for a licence. A full list of those people prohibited from being licensed can be found in section 37(1) of the Act.
You are not eligible to hold an agent's licence if you are an undischarged bankrupt or are subject to subpart 4 of Part 5 of the Insolvency Act 2006 (refer section 37(2) of the Act).
