Qualifications for Property Agents

Property agents are required, under Division 2, Sections 64-66, of the Act, to have qualifications before conducting a business as a real estate agent, property manager, or general auctioneer, or being employed by a real estate agent, or property manager.

The qualifications are primarily: -

Real estate agent (individual) - two years’ full-time experience as a property manager or property consultant during the previous five years and the prescribed educational qualification of a Diploma in Property (Real Estate) awarded by a registered training organisation.

Real estate agent (company) - must have at least one director who is a real estate agent.

Property manager (individual) – must be able to satisfy the Board, by examination or inquiry, that he/she has sufficient knowledge and experience of property management business to be able to carry on that business and for this purpose sufficient knowledge is the Diploma in Property (Real Estate) awarded by a registered training organisation.

Property manager (company) – must have at least one director who is a property manager.

General auctioneer (individual) – must be able to satisfy the Board by examination or inquiry, that he/she has sufficient knowledge and experience of general auctioneering business to be able to carry on that business.

General auctioneer (company) – must have at least one director who is a general auctioneer.