Table G.8: Licence fees – agent’s representative
Assumption
|
Unit
|
Value
|
Source
|
Cost of licence fee – agent’s representative (new licence fee)
|
NSW
|
$ per licensee
|
$117
|
Based on information provided by NSW regulator on 29 February 2012
Salesperson certificate ($117)
|
Vic
|
$ per licensee
|
$0
|
Employer registration scheme – no licence fee applies
|
Qld
|
$ per licensee
|
$445.55
|
Office of Fair Trading, License types
Real estate salesperson ($445.55)
|
WA
|
$ per licensee
|
$222
|
Department of Commerce, Licensing fees
Sales representatives – registration ($177) and contribution to fidelity guarantee account ($45)
|
SA
|
$ per licensee
|
$191
|
Consumer and Business Services, Fees for licensing – land agents
|
ACT
|
$ per licensee
|
$191
|
Information provided by the ACT in June 2012
|
NT
|
$ per licensee
|
$66
|
Department of Justice, Licensing, regulation and alcohol strategy factsheet
|
Table G.9: Renewal licence fees – real estate agent
Assumption
|
Unit
|
Value
|
Source__Cost_of_renewal_licence_fee_–_real_estate_agent'>Source
|
Cost of renewal licence fee – real estate agent
|
NSW
|
$ per licensee
|
$264
|
Based on information provided by NSW regulator on 29 February 2012
Processing component ($60) and licence component ($204) for both individuals and corporations
|
Vic
|
$ per licensee
|
$298
|
Business Licensing Authority Victoria, Fees
Average of individual annual licence fee ($186) and company annual licence fee ($409)
|
Qld
|
$ per licensee
|
$570.65
|
Office of Fair Trading, License types
Average of individual licence fee ($2106) and corporate licence fee ($1151)
Criminal history check fee ($36) excluded
|
WA
|
$ per licensee
|
$442
|
Department of Commerce, Licensing fees
Renewal fee for individual or company ($442)
|
SA
|
$ per licensee
|
$370
|
Consumer and Business Services, Fees for licensing – land agents
Average of individual periodic fee ($298) and body corporate periodic fee ($449)
|
Tas
|
$ per licensee
|
$408.40
|
Property Agents Board, Fees and charges
Real estate agent fee ($408)
|
ACT
|
$ per licensee
|
$637
|
Justice and Community Safety, Forms and fees
Application fee for agent licence ($637)
|
NT
|
$ per licensee
|
$351
|
Department of Justice, Licensing, regulation and alcohol strategy factsheet
Renewal fee for real estate agents ($351)
|
Table G.10: Renewal licence fees – agent’s representatives
Assumption
|
Unit
|
Value
|
Source__Processing_application_component_of_new_licence_fees'>Source
|
Cost of licence fee – agent representatives (renewal licence fee)
|
NSW
|
$ per licensee
|
$79
|
Based on information provided by NSW regulator on 29 February 2012
Processing component ($38) and licence component ($41) for salesperson certificate
|
Vic
|
$ per licensee
|
$0
|
Employer registration scheme – no licence fee applies
|
Qld
|
$ per licensee
|
$445.55
|
Office of Fair Trading, License types
Real estate salesperson ($445.55)
|
WA
|
$ per licensee
|
$145
|
Department of Commerce, Licensing fees
Fee for sales representatives
|
SA
|
$ per licensee
|
$191
|
Consumer and Business Services, Fees for licensing – land agents
|
ACT
|
$ per licensee
|
$191
|
Based on information provided by the ACT in June 2012
|
NT
|
$ per licensee
|
$66
|
Department of Justice, Licensing, regulation and alcohol strategy factsheet
|
Processing component of licence fees
Table G.11: Processing application component of new licence fees
Assumption
|
Unit
|
Value
|
Source
|
Processing application component of new licence fees
|
Processing fee component (other than NSW)
|
%
|
27.67%
|
PricewaterhouseCoopers, Estimating financial impacts of the national occupational licensing system: final report, August 2009, p. 24
Based on estimates of the efficient processing component of licence fees from a survey of regulators undertaken in 2009 (specific to licensing of property occupations)
Estimate percentage based on licence processing cost as a proportion of fee revenue
|
NSW – agents
|
$
|
$185
|
Based on information received from NSW regulator on 29 February 2012
|
NSW – reps
|
$
|
$76
|
Based on information received from NSW regulator on 29 February 2012
|
Table G.12: Processing application component of renewal licence fees
Assumption
|
Unit
|
Value
|
Source
|
Processing application component of renewal licence fees
|
Processing fee component (other than NSW)
|
%
|
27.67%
|
PricewaterhouseCoopers, Estimating financial impacts of the national occupational licensing system: final report, August 2009, p. 24
Based on estimates of the efficient processing component of licence fees from a survey of regulators undertaken in 2009 (specific to licensing of property occupations)
Estimate percentage based on licence processing cost as a proportion of fee revenue
|
NSW – agents
|
$
|
$60
|
Based on information received from NSW regulator on 29 February 2012
|
NSW – reps
|
$
|
$38
|
Based on information received from NSW regulator on 29 February 2012
|
SA
|
$
|
$5
|
Based on information received from SA regulator in June 2012
|
Number of licensees
Table G.13: Total number of licensees – real estate agents (including agent’s representatives or sales representatives)
Assumption
|
Unit
|
Value
|
Source
|
Total existing property licensees (includes agent’s representative or sales representatives)
|
NSW
|
# licensees
|
40,422
|
Unpublished data provided by NSW regulator 29 February 2012; 17,267 individual licensees and 5,692 corporate licensees
|
Vic
|
# licensees
|
18,446
|
Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011
|
Qld
|
# licensees
|
38,342
|
Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011.
It is assumed that this figure includes sales representatives
While the document is unclear on whether they are included or not, this assumption has been made based on the relative size of Queensland to other jurisdictions.
|
WA
|
# licensees
|
13,303
|
Provided by WA regulator. Licence numbers as at 1 April 2012
|
SA
|
# licensees
|
5,114
|
Unpublished data provided by SA regulator in January 2012
|
Tas
|
# licensees
|
357
|
Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, page 11, received May 2011
|
ACT
|
# licensees
|
1,009
|
Pro rata applied to the number of licensees in the ACT under other first stage occupations (i.e. electrical, plumbing and gasfitting, and refrigeration and air-conditioning mechanics), based on the average percentage of property licensees to total licensees (across the first stage occupations) of other jurisdictions.
|
NT
|
# licensees
|
1,084
|
Provided by NT regulator in June 2012.
|
Table G.14: Total existing property licensees (excluding agent’s representatives or sales representatives)
Assumption
|
Unit
|
Value
|
Source
|
Total existing property licensees (excludes agent’s representatives or sales representatives)
|
NSW
|
# licensees
|
22,959
|
Unpublished data provided by NSW regulator 29 February 2012; 17,267 individual licensees and 5,692 corporate licensees
|
Vic
|
# licensees
|
8,777
|
Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011
|
Qld
|
# licences
|
20,371
|
Calculated based on the average proportion of licensees across representatives and full agents in other jurisdictions where the number of sales representatives is known (NSW, SA and Victoria).
|
WA
|
# licensees
|
3,677
|
Provided by WA regulator. Licence numbers as at 1 April 2012
|
SA
|
# licensees
|
2,813
|
Unpublished data provided by SA regulator in January 2012
|
Tas
|
# licensees
|
357
|
Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011
|
ACT
|
# licensees
|
1,009
|
Pro rata applied to the number of licensees in the ACT under other first-stage occupations (i.e. electrical, plumbing and gasfitting and refrigeration and air-conditioning mechanics), based on the average percentage of property licensees to total licensees (across the first stage occupations) of other jurisdictions.
|
NT
|
# licensees
|
608
|
Provided by NT regulator in June 2012
|
Table G.15: Number of existing agent representatives or sales representatives
Assumption
|
Unit
|
Value
|
Source
|
Total number of representatives –agents representatives or sales representatives
|
NSW
|
# licensees
|
17,463
|
Unpublished data provided by NSW regulator 29 February 2012
|
Vic
|
# licensees
|
9,669
|
Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011
|
Qld
|
# licensees
|
17,971
|
Calculated by multiplying the total number of real estate licensees (38,342) by the average ratio of agent’s representatives to licensees of NSW, Vic and SA
|
WA
|
# licensees
|
9,636
|
Provided by WA regulator. Licence numbers as at 1 April 2012
|
SA
|
# licensees
|
2,301
|
Unpublished data provided by SA regulator in January 2012
|
ACT
|
# licensees
|
743
|
Based on data provided by the ACT in June 2012
|
NT
|
# licensees
|
476
|
Provided by NT regulator in June 2012
|
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