NSW Real Estate Licensing
Complete guide to obtaining your Class 1 Real Estate Agent License in New South Wales after completing CPP51122.
Class 1 Real Estate Agent License
The Class 1 license is NSW's highest level of real estate licensing, allowing you to operate as an agency principal, manage all aspects of property transactions, and hold client trust funds.
What You Can Do
- Operate your own real estate agency
- Buy, sell, and manage properties
- Employ and supervise other agents
- Operate trust accounts
Requirements
- CPP51122 + CPP41419 completed
- 2+ years industry experience
- Pass character assessment
- Financial probity check
NSW Experience Requirement
Unlike some other states, NSW requires at least 2 years of practical experience working in the real estate industry before you can apply for a Class 1 license. This experience can be gained while completing your qualifications.
Acceptable Experience Includes:
- Working as a licensed assistant or Class 2 agent
- Property management roles
- Sales administration in real estate
- Trust accounting or office management
Step-by-Step Application Process
Complete Required Qualifications
Finish both CPP51122 Diploma and CPP41419 Certificate IV through an ASQA-registered RTO.
Gain 2+ Years Experience
Work in the real estate industry for at least 2 years. Keep records of your employment to verify experience.
Obtain NSW Police Check
Get an NSW National Police Check from an accredited provider. Must be less than 3 months old.
Gather Documentation
Collect qualification certificates, employment references, character references, and financial documents.
Submit Application via Service NSW
Apply online through Service NSW portal. Upload all documents and pay the $595 license fee.
Character & Financial Assessment
NSW Fair Trading reviews your application, conducts background checks, and assesses financial probity.
Receive License
Once approved, you receive your Class 1 Real Estate Agent License valid for 3 years.
Total Cost Breakdown
Important Information
- •The 2-year experience requirement is mandatory and cannot be waived
- •Professional indemnity insurance must be in place before you can operate
- •Financial probity checks include bankruptcy and debt history
- •License renewal required every 3 years with updated checks
- •CPD (continuing professional development) requirements apply
Official Resources
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