The Property Agents Board is the supervisory authority for property agents in Tasmania.

The Property Agents Board is an independent statutory authority established under the Property Agents and Land Transactions Act 2016 (the Act) to regulate the real estate industry.  The Board administers the Act, the Property Agents and Land Transactions Regulations 2017 (the Regulations) and the Code of Conduct developed in accordance with the Act.

​The stated object of the Act is to regulate property agents and certain auction and real estate practices. 

“Property Agent” is defined by the Act to mean a real estate agent, a property manager, a general auctioneer or a property representative. 

The duties of the Board  include:

• to administer the licensing system for property agents established by this Act; and
• to maintain the Register; and
• to ensure that property agents comply with the requirements of this Act relating to their conduct in carrying on their businesses or in carrying out their functions and, where they fail to do so, to take appropriate action, including disciplinary action, to protect the public and to discourage such conduct; and
• to ensure that people do not act as property agents unless they are permitted to do so under this Act; and
• to develop and ensure compliance with a Code of Conduct for property agents; and​
• to receive, investigate and determine complaints against property agents; and

• ​to provide support in the resolution of disputes relating to the conduct of property agents; and
• to supervise the trust accounts of property agents; and
• to advise property agents on appropriate standards of conduct; and
• to monitor, identify and report to the Minister trends and issues that emerge within the property agents industry; and
• to carry out educational functions for the purposes of this Act; and
• to advise the Minister on matters relating to this Act including its efficacy and on any other matters relevant to the Board’s functions or to the property agents industry; and
• to carry out any other function imposed on the Board by this or any other Act; and
• such other functions as may be prescribed