All States
New South Wales
NSW Fair Trading
Application Fee
$192
Processing Time
2-4 weeks
Renewal Fee
$192
Renewal Period
1 year
Assistant Agent
Entry-level licence for those starting in real estate
Requirements
- Complete Statement of Attainment for Real Estate from CPP41419
- Be 18 years or older
- National Police Check
- Not be a disqualified person
What You Can Do
- +Work under supervision of a licensed agent
- +Show properties and conduct open homes
- +Assist with property management tasks
- +Communicate with clients under supervision
Limitations
- -Negotiate sales independently
- -Sign contracts on behalf of the agency
- -Hold trust money
- -Operate independently
Class 2 Agent
Licensed agent who can conduct real estate business under supervision
Requirements
- Complete CPP41419 Certificate IV in Real Estate Practice
- 12 months experience as Assistant Agent (or equivalent)
- National Police Check
- Not be a disqualified person
What You Can Do
- +Conduct sales and property management
- +Negotiate on behalf of clients
- +List properties for sale or lease
- +Work independently within an agency
Limitations
- -Open own agency without Class 1
- -Hold trust account independently
- -Employ other agents
Class 1 Agent
Fully licensed agent who can operate their own agency
Requirements
- Hold Class 2 licence for minimum 2 years
- Complete additional diploma-level units
- National Police Check
- Meet financial requirements
What You Can Do
- +Open and operate own real estate agency
- +Employ other agents
- +Hold and manage trust accounts
- +Full independent operation
Limitations
- No restrictions at this level
Pro Tips for NSW
- 1.Start your police check early - it can take 2-3 weeks
- 2.Consider starting as Assistant Agent while completing your full Certificate IV
- 3.Keep copies of all submitted documents
- 4.Set calendar reminders for licence renewal