What are legislative licensing and eligibility requirements for

a) administration staff,

b) principal agents,

c) salespeople and

d) property managers?

 

Answer:

a) Administration staff

A person who does purely administrative work that support the work of a licensed agent or certificate holder is unlikely to require a license or certificate under the act. Due to the nature of their work that is supporting the salespersons and property managers, they will likely come in the contact of agency's clients and customers. Therefore they should be ideally registered.

However law does not specifically mention all this function as it is primarily concerned with the functions that are regulated under the act.

For this reason and an exhaustive list of functions that do not require a licence of certificate of registration will not be provided by fair trading.

If support staff undertake any sales or property manager or are in a position to provide real estate information to customers and client then they should hold a certificate or license.

b) Principal agents

Real estate's license are issued as either a class one or class two licence. A person who is nominated with a license is in in charge of a business and must hold class one licence. Only a class one holder who is also a licence in charge may authorise Trust account withdrawal for the business.

c) Salespeople 

Sales people are required to obtain a NSW certificate of registration.

d) Property managers

Property managers are also required to obtain a NSW certificate of registration.

[Anyone who wants to obtain a NSW certificate of registration must be:

- At least 16 years of age
- a fit and perfect person to be able to hold certificate of registration (police check)
- Have the qualification required for the class of certificate of registration concerned.
- Not be a disqualified person.

To be eligible for a licence:

- At least 18 years of age
- a fit and perfect person to be able to hold a licence (police check).
- Obtain the qualification specified in the regulation. 
- Not be a disqualified person.
- Have paid the relevant contribution to the property service compensation fund.

References 
https://www.consumer. /licensing-and-registration/estate-agents/running-your-business/professional-conduct/professional-conduct-and-obligations