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property_agents_and_managers
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Auctioneer accreditation 

Anyone carrying out property or stock auctions needs to hold a specifically accredited real estate and/or stock and station agent’s licence and have the appropriate qualifications.

Assessment

Automatic accreditation will not be granted to agents on the basis that they formerly held an auctioneer’s licence or attended auction training in the past. The competency and ethical conduct of auctioneers has been raised as a widespread concern among the community and the property agency industry itself. To address these concerns and sort out who is competent and who needs additional training, all licensees who wish to act as an auctioneer will need to undergo assessment.

To demonstrate competency in the required units, a licence holder will need to be assessed as competent by a qualified trainer working with a registered training organisation.

An auctioneer with training and experience, who is competent at his/her work and acts ethically will probably find that they only need to undertake some training in the new auction provisions of the Act.

Application for accreditation

Following assessment, the licence holder is issued with a ‘statement of attainment’, which enables an application for accreditation to be made to NSW Fair Trading.

Application forms are available from the Australian Business Licence and Information Service (ABLIS). Alternatively, contact Fair Trading on 13 32 20.

When lodging an application for accreditation as an auctioneer, please attach evidence that the relevant competencies have been attained along with the prescribed fee (cheques and money orders to be made payable to NSW Fair Trading).

Applications should be posted to:
Property Services Licensing
NSW Fair Trading
Locked Bag 5104
Parramatta NSW 2124

If a licensee intends to conduct auctions under both a stock and station agent class (auctioning both stock and rural land) and a real estate agent class of licence, evidence of having completed all four competencies must be provided.

If a person has had his/her licence accredited to conduct one type of auction and later applies to have another accreditation added, the prescribed fee will again be payable. If all accreditations are applied for in the one application and accompanied by the required evidence of competency completion, only one prescribed fee is payable.

For more information, contact NSW Fair Trading’s Property Services Licensing Unit on 9619 8799.