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Getting Started on Your Real Estate Career

Every person wanting to sell real estate will need to get a salespersons certificate before starting and Ray White can help you through the process. - Once you have your salespersons certificate you can then work as an independent contractor, running your own business within the Ray White group

Where can I get my certificate?

Real Estate Salesperson’s Certificate is available from a variety of educational institutions; three of them are shown to the right

Applying for a Licence

If you want to carry out real estate agency work you must be licensed under the Real Estate Agents Act 2008 (unless you are exempt).

There are a number of forms you need to complete and information you need to provide to complete the application process - such as the following which can be download from the Real Estate Agents Authority (REAA) website:

 

Definition of real estate agency work

"Real estate agency work" is defined in the Real Estate Agents Act 2008 as:

(a) any work done or services provided, in trade, on behalf of another person for the purpose of bringing about a transaction; and

(b) includes any work done by a branch manager or salesperson under the direction of, or on behalf of an agent to enable the agent to do the work or provide the services described in paragraph (a); but

(c) does not include -

(i) the provision of general advice or materials to assist owners to locate and negotiate with potential buyers; or
(ii) the publication of newspapers, journals, magazines, or websites that include advertisements for the sale or other disposal of any land or business; or
(iii) the broadcasting of television or radio programmes that include advertisements for the sale or other disposal of any land or business; or
(iv) the lending of money on mortgage or otherwise; or
(v) the provision of investment advice; or
(vi) the provision of conveyancing services within the meaning of the Lawyers and Conveyancers Act 2006

Eligibility to hold a licence

Before you apply for a licence you must meet the eligibility criteria for the relevant class of licence. You cannot be licensed if you do not meet these requirements. Check the REAA website for more information around eligibility criteria.

Types of licenses include:

 

Agent's licence

An agent's licence authorises the licensee to carry out real estate agency work on his or her own account. An agent's licence also enables a licensee to undertake any work that a branch manager or salesperson is authorised to do.

To be eligible for an agent's licence you must:
- be at least 18 years of age
- not be prohibited from holding a licence under section 37 of the Real Estate Agents Act 2008
- be a fit and proper person
- have a prescribed qualification
- have 3 years experience in real estate agency work within the 10 years preceding your application for an agent's licence.

 

Branch manager's licence

A branch manager's licence allows the licensee to carry out real estate agency work for or on behalf of an agent. A branch manager's licence also enables the licensee to undertake any work that a salesperson is authorised to do.

To be eligible for a branch manager's licence you must:
- be at least 18 years of age
- not be prohibited from holding a licence under section 37 of the Real Estate Agents Act 2008
- be a fit and proper person
- have a prescribed qualification
- have 3 years experience in real estate agency work within the 10 years preceding your application for a branch manager's licence.

 

Salesperson's licence

A salesperson's licence allows the licensee to carry out real estate agency work for or on behalf of an agent. A salesperson must be supervised by an agent or branch manager when carrying out any real estate agency work.

To be eligible for a salesperson's licence you must:
- be at least 18 years of age
- not be prohibited from holding a licence under section 37 of the Real Estate Agents Act 2008
- be a fit and proper person
- have a prescribed qualification.

 

Qualifications

Before you can become licensed you must hold the appropriate qualification as prescribed in the Real Estate Agents Licensing Regulations 2009.

Click here to find out more about the required criteria and qualifications. 
If you are unsure whether you have the necessary qualifications please contact the Real Estate Agents Authority

 

Next steps

The REAA Registrar will consider your application in terms of the requirements of the Real Estate Agents Act 2008, and will contact your referees and undertake any checks as necessary, including a Police check. For more information on what a Police check involves please refer to the New Zealand Police website.

If someone objects to your application, the Registrar must consider the objection. The Registrar will advise you of any objections, give you the opportunity to respond and provide further information about the subsequent process.

If the Registrar approves your application, the Registrar will issue a licence and record this in the register of licensees. The Registrar will send you a document headed 'Evidence of Licence' which sets out the class of licence you hold, the licence registration number, and the date of issue and expiry. This is an important document as it is your proof that you hold a licence and can legally carry out real estate agency work. You should ensure that you keep it in a safe place and that you are able to produce it if asked.

If the Registrar declines your application, the Registrar will write to you advising the reasons for the decision and of your right to seek a review, and how to do this. If your application is declined the Registrar will refund the levies that you have paid. The application fee plus GST is not refundable

For more information on applying for a license please contact Graeme Fraser on +64 21 834 330

 

© 2016 Ray White (Real Estate) Limited Licensed (REAA 2008)