National Licensing for Property Occupations Consultation Regulation Impact Statement



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Number of licensees


Table 4.50: 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Unpublished data provided by NSW regulator 29 February 2012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Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011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Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011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

21,742

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

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Unpublished data provided by SA regulator in January 2012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Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, page 11, received May 2011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), based on the average percentage of property licensees to total licensees (across the first stage occupations) of other jurisdictions.

NT

# licensees

966

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

Table 4.51: 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Unpublished data provided by NSW regulator 29 February 2012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

11,483

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

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), based on the average percentage of property licensees to total licensees (across the first stage occupations) of other jurisdictions

NT

# licensees

510

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

Table 4.52: Number of existing agent representatives or sales representatives

Assumption

Unit

Value

Source__Existing_agents_–_working_in_non-residential_property_services'>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

10,259

Calculated by multiplying the total number of real estate licensees (11,483) by the average ratio of agent’s representatives to licensees of NSW, Vic and SA

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

456

Calculated by multiplying the total number of real estate licensees (510) by the average ratio of agent’s representatives to licensees of NSW, Vic and SA

Table 4.53: Number of licensees working in non-residential property services

Assumption

Unit

Value

Source

Existing agents – working in non-residential property services

NSW

# licensees

3,673

IBISWorld, IBISWorld Industry Report, Real estate agents in Australia, March 2012, p. 14

Multiplied the total number of existing real estate licensees (excluding representatives) by 16%, as per the percentage of non-residential services supplied in the total real estate market



Vic

# licensees

1,404

Qld

# licensees

3,259

WA

# licensees

1,837

SA

# licensees

450

Tas

# licensees

57

ACT

# licensees

133

NT

# licensees

82

Existing agent’s representatives or sales representatives–working in non-residential property services

NSW

# licensees

2,794

IBISWorld, IBISWorld Industry Report, Real estate agents in Australia, March 2012, p. 14

Multiplied the total number of existing real estate licensees in Table 4.46 by 16%, as per the percentage of non-residential services supplied in the total real estate market



Vic

# licensees

1,547

Qld

# licensees

2,875

WA

# licensees

1,641

SA

# licensees

368

Tas

# licensees

N/A

ACT

# licensees

119

NT

# licensees

73

Table 4.54: Number of existing strata managing agents

Assumption

Unit

Value

Source

Total number of licensees – strata managing agents

NSW

# licensees

1,423

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

Note that this figure is only used to estimate the number of licensees in other states. There is no impact on strata managing agents in NSW



Vic

# licensees

545

Provided by the regulator to the Taskforce July 2012

ACT

# licensees

58

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

Calculated by multiplying the total number of real estate licensees (1,009) by the average percentage of strata managing agents within the total number of real estate agent licensees in NSW and Victoria



NT

# licensees

29

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

Calculated by multiplying the total number of real estate licensees (510) by the average percentage of strata managing agents within the total number of real estate agent licensees in NSW and Victoria (5.74%)



Table 4.55: Number of auctioneers (agents only)

Assumption

Unit

Value

Source

Number of licensees – auctioneers – agents

NSW

# licensees

1,810

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

The proportion of auctioneers who are agents (rather than representatives) has been estimated based on the proportion of agents to total licensees in NSW



Vic

# licensees

1,012

Calculated by multiplying the total number of real estate agent licensees by the percentage of licensees who are auctioneers in NSW, Qld, SA and NT

Qld

# licensees

1,070

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

The proportion of auctioneers who are agents (rather than representatives) has been estimated based on the proportion of agents to total licensees in Qld



WA

# licensees

1,324

Calculated by multiplying the total number of real estate agent licensees by the percentage of licensees who are auctioneers in NSW, Qld, SA and NT

SA

# licensees

336

Unpublished data provided by SA in June 2012

SA advised there are 799 auctioneer licensees and 58% are representatives. Hence, it is assumed that 42% are agents



Tas

# licensees

41

Calculated by multiplying the total number of real estate agent licensees by the percentage of licensees who are auctioneers in NSW, Qld, SA and NT

ACT

# licensees

96

Calculated by multiplying the total number of real estate agent licensees by the percentage of licensees who are auctioneers in NSW, Qld, SA and NT

NT

# licensees

107

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

The proportion of auctioneers who are agents (rather than representatives) has been estimated based on the proportion of agents to total licensees in NT



Table 4.56: Number of auctioneers (agent’s representatives or sales representatives)

Assumption

Unit

Value

Source

Number of licensees – auctioneers –agent’s representatives or sales agent’s representatives

NSW

# licensees

1,621

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

The proportion of auctioneers who are representatives has been estimated based on the proportion of agent’s representatives to total licensees in NSW



Vic

# licensees

1,273

Calculated by multiplying the total number of property agent’s representatives by the percentage of representatives who are auctioneers in NSW, Qld, Sa and NT

Qld

# licensees

956

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

The proportion of auctioneers who are representatives has been estimated based on the proportion of agent’s representatives to total licensees in Qld



WA

# licensees

1,351

Calculated by multiplying the total number of property agent’s representatives by the percentage of representatives who are auctioneers in NSW, Qld, SA and NT

SA

# licensees

462

Unpublished data provided by SA in June 2012. SA advised that there are 799 auctioneer licensees and 58% are representatives

ACT

# licensees

98

Calculated by multiplying the total number of property agent’s representatives by the percentage of representatives who are auctioneers in NSW, Qld, SA and NT

NT

# licensees

82

Unpublished data provided by COAG National Licensing Taskforce, Property occupations – licence policy development paper, Table 5, p. 11, received May 2011

The proportion of auctioneers who are representatives has been estimated based on the proportion of agent’s representatives to total licensees in NT



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