Tranche 2 · Real estate
AML/CTF compliance for real estate agents
From 1 July 2026, real estate agents are reporting entities. Custarra helps you meet your obligations on every sale, purchase and property management engagement.
Real estate is a lead Tranche 2 sector. Whether you're selling, buying or managing property on behalf of clients, you'll need an AML/CTF program, customer due diligence, and reporting. Custarra builds your program on AUSTRAC's published real-estate Program Starter Kit — so it's congruent with the regulator's expectations, not a generic template — and makes running it routine.
What real estate agents must do
- 1
Enrol with AUSTRAC
From 1 July 2026Register as a reporting entity and keep your enrolment details current.
- 2
Adopt an AML/CTF program
From 1 July 2026Document the policies, procedures and controls you use to identify and manage money-laundering risk.
- 3
Conduct customer due diligence
Identify and verify your clients — and beneficial owners — before providing a designated service.
- 4
Report and keep records
Submit suspicious matter, threshold transaction and cross-border movement reports, and retain records for seven years.
How Custarra helps real estate agents
CDD for every engagement
Risk-rate each client at listing or offer, verify identity — including biometrics — and screen for sanctions, PEPs and adverse media.
Agency-wide programs
Roll out one compliant program across every agent and office, with oversight for principals.
Transaction-aware monitoring
Flag higher-risk dealings — cash, third-party payments, unusual structures — before settlement.
Reporting without the guesswork
Prepare suspicious matter, threshold transaction and cross-border movement reports with guided templates.
- Be ready for the 1 July 2026 start date
- Reduce the compliance burden on agents and admin staff
- Keep principals across risk in every office
- Stay audit-ready with automatic record-keeping — exportable for an independent review
Real estate agents are among the most-discussed Tranche 2 entities, because property is a well-known channel for laundering funds. Custarra is built around the way agencies actually operate — listings, offers, trust accounts and settlements — so compliance fits your existing workflow rather than fighting it.
General information only — not legal advice.