The application fee is for processing a new application. The two levies are annual charges to fund the costs of the Real Estate Agents Authority and the Real Estate Agents Disciplinary Tribunal.
if you are not granted a licence, the levies will be refunded.The application fee is non-refundable.
Licensees must pay the operational and disciplinary levy each year before their licence expiry date. The licence will expire if the levies are not paid.
The suspension fee applies when a licence is
suspended. If a licence is suspended for
more than one year, the annual suspension fee is charged on the suspension anniversary.
|Suspension fee or annual suspension fee
We do not issue refunds when a licensee surrenders or suspends their licence or when a licence is cancelled.
Pro-rata refunds are available when a licensee upgrades to a higher class of licence, or when a licensee is deceased. Read our information sheet
(.pdf 145KB) to find out how to get a refund in these circumstances.
Fees and Levies Notice December 2016
to read the Notice. (.pdf 329KB)
Until 1 February 2017, the 2010 Notice applies:
Fees and Levies Notice 25 November 2010
Pursuant to sections 20, 21 and 22 of the Real Estate Agents Act 2008, the following notice is given.
1. Title and commencement
a. This notice may be cited as the Real Estate Agents Authority (Fees and Levies) Notice 2010.
b. This notice comes into force on 1 January 2011 and applies to fees and levies from 1 January 2011.
2. Fees and levies
The Real Estate Agents Authority sets the following fees and levies, payable to the Registrar or the Authority, specified in the attached Schedule.
3. No refund
a. Fees and levies are non-refundable.
a. The fees and levies are exclusive of goods and services tax.
5. The purpose
a. This notice is a Regulation for the purposes of the Regulations (Disallowance) Act 1989.
Fees (exclusive of GST)
1. Application for a New Licence fee $295.00
2. Application for Suspension of Licence $95.00
3. Annual Suspension of Licence $95.00
Levies (exclusive of GST)
1. Annual Disciplinary levy $33.00
2. Annual Operational levy $657.00
Further enquiries by post to Real Estate Agents Authority, PO Box 25371, Wellington.
Dated this 17th day of November 2010
Kristy McDonald, QC
Real Estate Agents Authority