From 1 July 2026, Australia's AML/CTF regime extends to Tranche 2 businesses - and real estate agencies and property professionals are squarely in scope when they provide a designated service. AML/CTF Compliance helps you meet the new obligations without building everything from a blank page.
When are real estate agents captured?
You are captured when you provide a designated service under the AML/CTF regime. For real estate agents, that typically includes brokering the sale, purchase or transfer of real estate on behalf of a buyer or seller. Not every activity is a designated service, so the built-in Tranche 2 readiness check helps you work out whether, and for which services, you are captured. Confirm your position against AUSTRAC guidance.
What you need to have in place
- Enrol with AUSTRAC as a reporting entity.
- An AML/CTF Program - a business-wide ML/TF risk assessment plus the policies, procedures, systems and controls that manage those risks.
- An AML/CTF Compliance Officer to own the program.
- Customer due diligence - identify and verify customers and beneficial owners before you provide a designated service, and keep it current.
- Reporting - lodge suspicious matter reports, and any threshold or international transfer reports, on time.
- Records, training and an independent review at appropriate intervals.
How AML/CTF Compliance helps real estate agents
It turns the obligations into a workflow: build and maintain your AML/CTF Program from guided templates, run structured CDD with PEP and sanctions screening, score your ML/TF risk across customers, services, channels and jurisdictions, track your AUSTRAC reporting register, and export a review-ready report for your independent reviewer or principal. Everything stays in your browser - the contents of your program and CDD files are never uploaded.
Frequently asked questions
Are real estate agents captured by Tranche 2?
Real estate agents are captured when they provide a designated service, principally brokering the sale, purchase or transfer of real estate. The readiness check helps you confirm your position against AUSTRAC guidance.
What do agencies need to do?
Enrol with AUSTRAC, put an AML/CTF Program in place, run customer due diligence on the parties, assess ML/TF risk, and lodge reports on time. The tool turns each of these into a workflow.