We have received a lot of calls or enquiry recently from agents and auctioneers in New Zealand moving to Australia or more importantly sunny Queensland and enquiring about if they can transfer their licence or registration or at least gain recognision of prior learning.
The simple answer in QLD is YES!
You must complete the relevant form as per below depending on if you held a full license or just a registration certificate, and lodge it with the Office of Fair Trading with ID, your payment and a copy of your current New Zealand License/Registration.
Whilst your application has been lodged you are able to commence working as an agent as well.
Forms form Office of Fair Trading:
Mutual Recognition Form 1 – Application for mutual recognition of occupational licence (PDF, 524 KB) Application form to recognise interstate or New Zealand occupational licences for real estate agents, resident letting agents, auctioneers, property developers, motor dealers or commercial agents.
Mutual Recognition Form 2 – Application for mutual recognition of certificate of registration/occupational licence (PDF, 503 KB) To recognise interstate or New Zealand occupation licences for salespersons (real estate agent and motor), second-hand dealers, pawnbrokers or introduction agents.
For more information, contact the Queensland Office of Fair Trading and ask to speak to their real estate enquiry consultant.
The following article was posted on nzherald.co.nz and is a great read for anyone considering real estate in New Zealand. I have only posted a selection of the comments so please take the time to read the full article: nzherald.co.nz
Agents are also facing much tougher scrutiny after new regulations were introduced to clamp down on “cowboys”.
Nationwide, the number of agents fell from 17,809 to 13,092 – a drop of 26 per cent.
In Auckland, the drop was 25 per cent, from 7353 to 5539.
After peaking in late 2007, the real estate market suffered as house values fell throughout 2008.
The overall number of sales also dropped dramatically, from more than 9000 a month at the peak to fewer than 5000 a month – a fall of 44 per cent, according to Quotable Value figures.
He said there were signs of the real estate market recovering, but the number of sales staff was unlikely to grow yet.
The new system introduced a distinction between salespeople and agents. Only agents are allowed to operate an office.
The Real Estate Agents Authority has brought in other changes to the industry, including a more clearly defined educational system and responsibilities for salespeople.
“Each person is more aware of their responsibilities and there’s a level of accountabilities that’s been introduced,” Mr Smith said.
The changes had generally been positive for the industry, he said.
According to Brian White, Joint Chairman of Ray White, the month of March is traditionally a key barometer for an analysis of real estate market activity.
“It is the culmination of all summer activity. It will not be until spring before activity levels will be matched,” Mr White explained.
“Thus, after all the mixed influences of the previous 6 months, our March results were eagerly awaited. At $2.3billion, it was 16 per cent below the same time last year. When allowing for the downward adjustment in value levels in many of our markets, it revealed healthy continuing transaction volumes.
“This supports our predictions that buyers were becoming more active with a continuing confidence in the underlying strength of both Australian and New Zealand economies.
“Perhaps paradoxically, the resource states of WA and Queensland are tough going at the moment. Queensland has its special issues on top again.
“Yet the key underlying pattern persists: the ongoing power of the big cities – Sydney and Melbourne in Australia and Auckland in New Zealand. In fact, it was the second best Kiwi month for the last year.
“Stock levels are good with many vendors having confidence that they can buy and sell in similar market conditions.
“Expectations for the winter months have been enhanced by an interest rate reduction in New Zealand and stable rates in Australia,” Mr White said.
Source: Ray White Property News