NZ Real Estate Agent (L6) study guide
NZ Real Estate Agent (L6) · Work through your exam, one topic at a time.
The New Zealand Real Estate Agent Licence (Level 6) is the higher of the two licence classes regulated by the Real Estate Authority (REA), the Crown entity that oversees real estate agency work under the Real Estate Agents Act 2008. An agent licence is for people who want to work without the close supervision that applies to a salesperson licence. The NZ Real Estate Agent (L6) study guide has 6 sections and about 1,761 words.
01Real estate agency work and the regulatory framework
This domain tests whether you can place everyday agency activity inside the Real Estate Agents Act 2008, the licensing regime administered by the Real Estate Authority (REA), and the disciplinary process. Expect questions on who may do agency work, what must be disclosed, and where complaints go.
300 words, about 2 min02Professional conduct, ethics and the Code of Conduct
This domain tests the standards in the Real Estate Agents Act (Professional Conduct and Client Care) Rules 2012, usually called the Code of Conduct, and how you apply them when duties collide. Questions commonly involve conflicts, confidentiality, gifts, and misleading conduct.
289 words, about 1 min03Client care, agency agreements and disclosure
This domain tests client care and the formal steps that make an agency agreement enforceable. Expect questions on approved forms, disclosure before signing, commission, expiry, cancellation, and conflicts.
307 words, about 2 min04Listing, marketing and advertising
This domain tests listing and advertising conduct: authority, accuracy, cost disclosure, and consent. Questions often ask whether an advertisement is misleading or whether the agency had authority to publish it.
276 words, about 1 min05Sale and purchase process, auctions, tenders and multi-offers
This domain tests the sale and purchase process and the different rules for auctions, tenders, and multi-offer situations. Expect questions on conditions, unconditional contracts, bidder conduct, and fair process.
301 words, about 2 min06Trust accounts, supervision and business management
This domain tests trust accounting and the supervision systems that prevent client money from being misused. Questions often involve deposits, receipts, reconciliations, audits, and who is responsible for salespeople.
288 words, about 1 min