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Home > Property agents and managers > Licence types > Corporate real estate agent

Corporate real estate agent

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Note: If you are applying for a corporate real estate agent licence, you must also have an individual real estate agent licence.

This licence allows your company to:

Restrictions

All directors performing real estate activity for the corporate real estate agency must hold a real estate agent licence.  There must be at least one licensed director for each licence class held by the corporation.

A fully licensed person must be in charge at every real estate office, that is, they must hold a current individual real estate agent licence.

The principal place of business must be located in Queensland.

An individual can be in charge of only one place at any given time.

Each place of business must keep an employment register.

A corporation may have multiple places of business, if the addresses are registered with the unit and at least one licensed person is in charge at each individual place of business.

The licensee may trade under the corporation name or under a registered business name. If trading under a registered business name, the corporation must be registered as the proprietor of the business name with the business names registry.

If the corporation trades in a partnership with another corporation, the partnered corporation must also hold a real estate corporation licence.

Eligibility

A corporation is suitable to hold a corporate real estate agent licence if a director of the corporation is a licensed real estate agent.

A company is considered suitable if:

An executive officer of a company is considered suitable if they:

Training requirements

There are no training requirements for a corporate licence, as you will have completed training as part of your individual licence.

Applying for a licence

To apply for a corporate real estate agent licence:

Criminal history checks

Applicants must undergo a criminal history check to confirm their suitability.

The criminal history check costs $38.40 (which includes $1.13 GST) for each person who appears on the application form. The fee applies to all applications and renewal notices.

Processing time

Processing time is 4-6 weeks. However, it can take longer if we need to contact you for missing information or fees.

The processing time may be up to six weeks because the criminal history check process, handled by the Queensland Police Service, is thorough and time consuming.

Send certified documents

Take the original document and a copy to a Justice of the Peace, Commissioner for Declarations, solicitor, barrister or a Notary Public. They will stamp and/or sign the copy and write ´This is a true copy of the original document´.

The Department of Justice and Attorney-General has a list of JPs in your area. Otherwise, contact your local post office, courthouse, bank, shopping centre manager or pharmacy who may be able to advise on the location of local JPs.

Please note that a photocopy is not a certified document.

Refunds

Depending on your circumstances, you may be entitled to a partial refund if you withdraw your application or it is refused. We will also refund any unused criminal history check fees or fingerprinting fees.

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Last reviewed 28/06/2013

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