COVID-19: Information for real estate licensees

REA recognises that the COVID-19 situation is challenging. This page has information to help you.

This page was updated on 26 May 2020.

Conducting real estate business during the COVID-19 situation

Click on the button for official guidance about conducting real estate business during COVID-19 alert level 2.

Alert level 2

 (You can still refer to our previous guidance about conducting real estate business at alert level 3 and alert level 4).

Licensing options in response to COVID-19

REA recognises this is a challenging time. We've made two changes to the licensing process to make things easier.

No fee for suspending your licence

If you would like to suspend your licence for a while, you can do so without paying a fee. We will waive the usual $170.20 (including GST) fee for licensees applying to suspend before 30 June 2020.

The default suspension period is 12-months, but you can revive your licence as soon as you like if you take up this option, for example, in a few weeks or months.

Simply click on the button below and complete the form if you would like to suspend your licence.

It's important you read this information about suspending your licence first.

You cannot carry out real estate work, even from your home, when your licence is suspended.

Suspend your licence

Extended licence renewal period for licences due to renew in March, April or May

We have extended your licence renewal period by 3 months.

The extension means that if your licence was due to be renewed on 31 March, you have until 30 June to renew it. If your licence is due for renewal in April or May, you have 3 months until July or August respectively.

This change is immediate. You don't need to do anything.

(Please note the extension will not change your licence renewal date for 2021 and beyond. If your licence is due to be renewed on 31 March this year that date will be the same next year even if you delay renewal by three months this year).

Click here for information about renewing your licence.

Please note, refunds will not be issued to those who have already renewed their licence.

Financial assistance

The government's financial assistance package may be available to you and your agency. You can find out more and apply for assistance here.

The COVID-19 Wage Subsidy Extension is available from 10 June. Read more here.

Information for buyers and sellers

We've added information to settled.govt.nz to help consumers who are buying or selling property during COVID-19 alert level 2. We’ll update these pages regularly. You are welcome to share these pages with clients and buyers.

Alert level 2

Selling

Buying

 

Looking after yourself

The government's covid19.govt.nz website is the best place for general information about what to do.

covid19.govt.nz

 

Looking after your agency

The business.govt.nz website is an excellent place to go for current information for your agency.

business.govt.nz

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