NZ Real Estate Salesperson Licence
The Level 4 Salesperson licence is the entry point to a real estate career in New Zealand. Complete the New Zealand Certificate in Real Estate (Salesperson) (Level 4), apply to the REA for a licence, and work for a licensed agent under supervision.
Practise, then review
NZ real estate Level 4: course selection and supervised-salesperson practice
Choose an accepted salesperson qualification, separate course costs from licensing and practise evidence-based communication under supervision.
3 original scenarios · No account needed · Answers explained
Independent Level 4 learning support, not an NZQA qualification provider, provider assessment or unified REA government exam. Practice neither awards credit nor establishes eligibility. Recognition, recency, application and supervision conditions must be checked separately.
Try original learning scenarios
Answer without an account. Explanations and topic review links are included; progress resumes in this browser tab after refresh.
A learner completes EstatePass scenarios without an accepted qualification or licence. What has practice established?
- Automatic NZQA credit and REA approval
- Learning progress only; assessment and licensing remain separate
- Permission to operate an agency independently
Preparing answer controls…
Official REA licence-class guidance, including alternatives and recency conditions; not an EstatePass provider ranking.
Continue on the selected routeThis selects a destination, not a filter or a code-edition validation of the question bank.
Study sequence
- Use REA’s accepted-qualification list for the salesperson class. Listed Level 4 providers at review: REINZ, Skills Institute, Strategi (TAFE College), Open Polytechnic and Toi Ohomai. This is not our ranking or a confirmation of seats.
- Ask for entry criteria, assessment/resubmission arrangements, enrolment duration and a written fee quote. Compare course terms in the existing guide, without invented tuition or completion times.
- Separate qualification completion from application: REA checks suitability, age and other criteria. The 14-day objection publication is not a guaranteed final processing time; check current portal/manual arrangements.
- As a licensed salesperson, work for/on behalf of an agent under an agent or branch manager’s supervision. Clarify evidence rather than present a seller’s assurance as confirmed property facts.
Revision terms
- Qualification versus licence
- Provider assessment awards the qualification; REA separately decides licensing.
- Supervised agency work
- A salesperson is not an independently operating agent and requires supervision.
- Unknown costs
- Tuition, resits and extensions stay unknown until a current written provider quote is obtained.
Use your browser’s Print command to print this checklist and terms. This is an HTML revision sheet, not an official course certificate or a downloadable exam paper.
Build a licensing-cost budget
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Not an official fee determination. Keep training, applications and retakes separate; add costs not covered by these fields to your own budget.
Sources and applicability
- REA qualification and provider criteria
Reviewed 2026-10-13. Current salesperson Level 4 provider list; alternative/older qualifications need individual review.
- REA application and supervised roles
Reviewed 2026-10-13. Licence classes, documents and objection process, not a guaranteed processing time.
- REA fees and costs
Reviewed 2026-10-13. Current NZD 939.55 including GST application/first-year levies; manual charge separate. No tuition estimate.
Level 4 Salesperson Overview
The salesperson licence is the entry point to New Zealand's real estate industry. It allows you to carry out real estate agency work — including listing properties, showing homes, and negotiating sales — for a licensed agent, under the supervision of a branch manager or agent.
As a Level 4 salesperson, you cannot operate independently or manage your own agency. You must be employed by (or engaged as an independent contractor with) a licensed real estate agency, and your supervising licence holder takes responsibility for ensuring your work meets professional and legal standards.
The REA (Real Estate Authority) issues the licence once it is satisfied you are 18 or older, hold the prescribed qualification, and are a fit and proper person, after a conviction history check and a 14-day objection period. A licence lasts 12 months: you renew it by paying the annual levies, and you must complete 20 hours of CPD each year.
Requirements
What you need to obtain a Level 4 Salesperson licence
Level 4 Qualification
New Zealand Certificate in Real Estate (Salesperson) (Level 4), completed within the 3 years before you apply (or an accepted property degree).
Work for an Agent
To carry out agency work you must be employed or engaged (as a contractor) by a licensed agent, and supervised.
Fit & Proper Person
Consent to a conviction history check (NZ Police Vetting Service) and satisfy the REA Registrar that you are a fit and proper person.
REA Application
Apply online with ID, qualification evidence, Form 5 declaration, CV, two referees, and $939.55 NZD (fee + first-year levies, incl. GST).
Minimum Age 18
You must be at least 18 years old to hold a real estate licence in New Zealand.
Annual Renewal
A licence lasts 12 months. Renew by paying the annual levies ($724.50 NZD incl. GST) and complete 20 hours of CPD each year.
What You Can Do With a Level 4 Licence
All agency work is done for an agent, under the supervision of an agent or branch manager
List Properties for Sale
Prepare agency agreements and list properties on behalf of vendors, including setting up marketing campaigns.
Conduct Open Homes
Show properties to potential buyers, answer questions, and gather buyer interest at open home events.
Negotiate Sales
Present offers, negotiate between buyers and sellers, and manage multi-offer situations — under supervision of your branch manager or agent.
Work With Rentals
Residential tenancies are outside the Act's definition of a transaction, so residential property management does not itself need a real estate licence. Many salespeople still work alongside property managers.
Market Properties
Create listings, arrange photography, write property descriptions, and manage online and print advertising.
Provide Market Appraisals
Give written appraisals that reflect current market conditions and are supported by comparable sales (Client Care Rules r 10.2).
Key Study Areas
How EstatePass groups the core knowledge areas (check your provider for the exact course content)
Property Law & Legislation
Real Estate Agents Act, Land Transfer Act, Property Law Act, Unit Titles Act
Agency Practice
Agency agreements, fiduciary duties, disclosure obligations
Sale & Purchase
Agreement for S&P, conditions, settlement, auction process
Professional Conduct
REA Code of Conduct, complaints, disciplinary process
Property Management
Residential Tenancies Act, bonds, tenancy agreements (no REA licence is needed for residential property management)
Valuation & Finance
Market analysis, mortgage types, LVR, KiwiSaver
Treaty of Waitangi
Te Tiriti, Maori freehold land, Maori Land Court
Compliance & RMA
AML/CFT, trust accounts, district plans, LIM reports
Career Progression Path
From salesperson to agency owner — the NZ real estate career ladder
Salesperson
Level 4You are hereEntry-level licence. List and sell properties for an agent, under supervision.
Branch Manager
Level 5Supervise salespeople and manage a branch. Needs the Level 5 qualification and 3 years' agency work experience.
Agent (Principal)
Level 6Run an agency on your own account or through a company. Needs the Level 6 qualification and 3 years' agency work experience.
Frequently Asked Questions
How long does it take to complete the Level 4 qualification?
Do I need any prior qualifications for Level 4?
Can I work independently with a Level 4 salesperson licence?
How much can a Level 4 salesperson earn in NZ?
What happens after I complete the Level 4 qualification?
Start Practicing for Level 4
Independent free scenarios support review, not qualification assessment or a complete provider syllabus. Additional account resources depend on the current plan.