Built for Australian real estate agencies, buyers' agents and property professionals
AML/CTF software for real estate agents
Verify vendors, purchasers and beneficial owners, assess property transaction risk, manage screening and retain review-ready AML/CTF records for Australian agencies.
Browse the complete AML/CTF library for Real estate professionalsFive situations, in plain words
These are examples of the questions real estate professionals meet. They are not quotes from customers, and they are not a decision for your file.
- Listing a home can be covered. Open the file when you take the vendor on.
- The buyer is a customer too. Check them before you treat the sale as done.
- A buyer using a company needs the people behind the company, not only the company name.
- A cash deposit at or above the threshold is a different question from a normal deposit.
- An off-the-plan sale can be covered. Do not assume the developer sale is outside the rules.
Work that can be covered
The rule looks at the job, not the job title. Record a decision for each job.
- Acting for vendors in property sales
- Acting for purchasers or buyers
- Off-the-plan developer sales where captured
- Property transfers and related transaction assistance
- Handling relevant client money or property
See a property transaction move through the workspace
This representative, fictional record uses the same terminology and sequence shown to real estate professionals in Cassandra AML. No personal information is shown.
Property transaction example
42 Harbour Road vendor listing
Property client work
- Enrol with AUSTRACComplete
Record your AUSTRAC enrolment number and confirmed status so the agency's transition timing is documented beside the workbench.
- Complete the risk assessmentComplete
Document the agency's designated services, client types, delivery channels and AUSTRAC risk factors, and update it when services change.
- Create policies and processesCurrent
Build or upload the AML/CTF policy and process that governs escalation triggers, internal controls and risk-based client handling.
- Onboard your staffNext
Nominate the governing body, compliance officer, senior manager and client-facing staff, then assign each person's access and roles.
- Complete staff trainingNext
Deliver AUSTRAC risk-based AML/CTF awareness training to every staff member and keep completion evidence current.
- Onboard and monitor clientsNext
Verify represented vendors, purchasers and buyers and their owners, assess payment, geography, screening and source-of-funds risk for each property transaction, and keep monitoring current.
What to keep on the file
- Property and transaction identifiers
- Vendor, purchaser and beneficial-owner checks
- PEP, sanctions and adverse-media decisions
- Source-of-funds and higher-risk review records
- Settlement-linked completion and retention evidence
Cassandra AML assists your compliance work; it does not provide legal advice, guarantee compliance or imply AUSTRAC endorsement.
Practical AML/CTF guidance for Real estate professionals
Start with the profession pillar, then use the focused guides for the exact service, customer or control you are handling. Each article links to primary AUSTRAC or legislative material.
Questions real estate professionals ask
Are all real estate professionals automatically regulated by AUSTRAC?
No. AML/CTF status depends on whether the business provides a designated service with the required Australian geographical link, not the professional title alone. Assess each service and obtain advice where the boundary is uncertain.
What should real estate professionals record for an AML/CTF review?
Keep the service-scope decision, customer and beneficial-owner evidence, risk assessment, screening and escalation decisions, approvals, reporting records, training and current program governance evidence.
Does Cassandra AML replace legal or regulatory advice?
No. Cassandra AML organises compliance work and evidence. It does not give legal advice, guarantee compliance or imply AUSTRAC endorsement.
Start the compliance file when the property engagement starts.
Give listings and buyer engagements represented-party terminology, property context and checks that stay visible through settlement.