Licensing - NSW

NSW Entry Requirements

The Property, Stock and Business Agents Act 2002 requires anyone who wishes to carry on business as one of the following, to have a license:

• 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 will 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 license generally includes anyone providing services relating to the selling of real estate or the booking of holiday accommodation.

All applicants for a personal license must satisfy the Commissioner for Fair Trading that he/she is:

• at least 18 years of age
• a fit and proper person to hold a license. Any person in partnership with a licensee in a property agency must also be a fit and proper person
• has the qualifications required for the license
• is not a disqualified person 
• has paid the relevant contribution to the Property Services Compensation Fund.

All applicants for a corporation license must satisfy the Commissioner for Fair Trading that:

• the corporation is a fit and proper person to hold a license
• each director of the corporation is a fit and proper person to hold a license
• no director or executive officer is a disqualified person 
• at least one of the directors holds a personal license for the industry sector in which the corporation proposes to operate
• the corporation has paid the relevant contribution to the Property Services Compensation Fund.

All applicants for a certificate of registration must satisfy the Commissioner for Fair Trading that he/she:

• is at least 16 years of age
• is a fit and proper person to hold a certificate of registration
• has the qualifications required for the class of certificate of registration concerned
• is not a disqualified person.

Training Providers

In New South Wales the new Act and Regulations came into effect from 1st September 2003.  Part of those regulations means considerable change to the way sales staff are employed.

From now on, it will not be possible to employ any salesperson until such time as he or she has completed three units of competency in order to obtain their registration certificate.

Please see our Calendar of Training for course dates

Licensing and Diploma Courses can be done by distance education OTEN : 9715 8057 for further details

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