Licensing and certification
The Property, Stock and Business Agents Act 2002 requires anyone who wishes to carry on business as one of the following, to have a licence:
- real estate agent
- stock and station agent
- business agent
- strata/community managing agent or
- on-site residential property manager.
Similarly, those commencing work in the industry are required to apply for a certificate of registration. Different certificate of registration categories apply to the different industry sectors. A certificate of registration may be granted to work as a:
- real estate salesperson
- stock and station salesperson
- business salesperson or
- registered manager.
The requirement to hold a licence generally includes anyone providing services relating to the selling of real estate or the booking of holiday accommodation.