Are real estate agents covered by AUSTRAC Tranche 2?

Yes. From the Tranche 2 commencement, real estate selling and buyer's agents are regulated when they help clients buy, sell or transfer real estate, and must meet AML/CTF obligations.

What does an AML program for a real estate agency involve?

Enrolling with AUSTRAC where required, appointing a compliance officer, adopting AUSTRAC's real estate starter kit, verifying your customers, screening them, reporting when required, training staff, and keeping records for seven years. Senly AML runs each step in plain English.

Do I need a compliance background?

No. Senly AML operates AUSTRAC's official real estate starter kit and walks you through each obligation step by step.

How much does it cost?

A$29 a month per seat, with the platform fee waived for your first 30 days. Online ID checks are pay-as-you-go on top.

For real estate agents

AML compliance for real estate agents, quietly handled.

Selling and buyer's agents are now regulated under AUSTRAC Tranche 2. Senly AML runs AUSTRAC's real estate starter kit end to end, so you can meet your AML/CTF obligations without hiring a compliance team.

See your checklist

No sales call · No card needed · Cancel anytime

senlyAML / customers

Acme Conveyancing Pty Ltd

Onboarded today

RISK LOW

Identity verifiedKYC
Business ownership confirmedKYB
DFAT & UN sanctionsClear
PEP & adverse mediaClear

Evidence logged · Encrypted · 7 yrs

AUSTRAC starter kitData in AustraliaDFAT screening7-year records

Are you in scope?

Real estate and AUSTRAC Tranche 2

You are in scope when you help a client buy, sell or transfer real estate. That covers selling agents and buyer's agents at agencies of any size, from a two-person office up. Property developers selling their own stock are handled differently and may be better served by a consultant.

Built for how agencies actually work

Verify a buyer or seller before settlement, screen them against sanctions and PEP lists, and keep the evidence on file for seven years. One place for the whole agency, whether you close three deals a month or three hundred.

The official source is AUSTRAC.

Everything AUSTRAC expects, in one place.

Senly AML runs AUSTRAC's real estate starter kit end to end, so a small team can meet the same obligations as a large firm.

Enrol with AUSTRAC

Know if and when you must enrol, and keep your details current.

Appoint an AML/CTF compliance officer

Record your AMLCO and their responsibilities.

Build your AML/CTF program

Adopt AUSTRAC's starter kit for your sector and tailor the risk assessment.

Verify your customers

Run customer due diligence, with KYC and KYB and sanctions screening built in.

Screen and monitor

Automatic DFAT sanctions and PEP screening on every customer, kept current.

Report when required

Draft suspicious matter, threshold transaction and annual reports ready to submit.

Train your staff

Assign and track AML/CTF training across your team.

Keep records for seven years

Tamper-evident, encrypted records ready for an AUSTRAC review.

Real estate: your questions, answered.

Are real estate agents covered by AUSTRAC Tranche 2?: Yes. From the Tranche 2 commencement, real estate selling and buyer's agents are regulated when they help clients buy, sell or transfer real estate, and must meet AML/CTF obligations.
What does an AML program for a real estate agency involve?: Enrolling with AUSTRAC where required, appointing a compliance officer, adopting AUSTRAC's real estate starter kit, verifying your customers, screening them, reporting when required, training staff, and keeping records for seven years. Senly AML runs each step in plain English.
Do I need a compliance background?: No. Senly AML operates AUSTRAC's official real estate starter kit and walks you through each obligation step by step.
How much does it cost?: A$29 a month per seat, with the platform fee waived for your first 30 days. Online ID checks are pay-as-you-go on top.

Get AUSTRAC ready, calmly.

From A$29 per month per seat. Platform fee waived for 30 days.

See pricing