From 1 July 2026, agencies that broker sales are reporting entities under Australia's AML/CTF Act. RealtyAML gives an agency of one to ten people everything AUSTRAC expects, in one plan, without a consultant.
The AML/CTF Act now covers your firm. These are the numbers that matter.
28days to enrol with AUSTRAC after your first designated service
3business days to lodge a suspicious matter report
$10kcash threshold for a transaction report, due within 10 business days
7years every identification and transaction record must be kept
Seven obligations, seven screens
Everything AUSTRAC expects from a reporting entity, and nothing it does not.
Enterprise AML platforms are built for banks. A firm of four needs one place for each legal duty, with the deadline visible and the record kept. That is the whole product.
Enrol with AUSTRAC
Within 28 days of first providing a designated service. Your Overview checklist tracks it and records the services you selected.
Screen: Overview
Adopt a written program
Answer ten questions about your firm. The program is generated, versioned on every save, and printed for signature.
Screen: Program
Appoint a compliance officer
Named in the program and in your enrolment. The annual review reminder is addressed to them.
Screen: Program
Verify every client
Record the document sighted, who verified it and when. Rules rate each client low, medium or high as you type.
Screen: Clients & KYC
Review risk on schedule
High every 6 months, medium 12, low 24, plus the yearly program review. One button records the review.
Screen: Reviews
Report to AUSTRAC
Log a suspicion or a cash transaction and the legal clock starts. Mark it lodged. Generate the annual summary.
Screen: Reports
Keep records for 7 years
Nothing is ever deleted. Every action is timestamped in an audit trail you can hand to AUSTRAC as a CSV.
Screen: Audit trail
The product
Three screens carry most of the work.
Program: generated from your answers
Answer ten questions about your agency: services, staff, risk factors, compliance officer. RealtyAML generates your AML/CTF program, versions it each time you save and gives you a document to print and adopt.
Purpose and scope, designated services, risk assessment
Customer due diligence, ongoing monitoring, reporting
Record keeping, training, independent review
Every save is a new version with its own review date
app.realtyaml.com.au/program
Clients and KYC, with the risk rating as you type
Record the identity document you sighted for each vendor or buyer, who verified it and when. Built-in rules rate each client low, medium or high risk and set the next review date. Nothing is ever deleted.
Politically exposed persons, cash, third parties, unclear source of funds
Beneficial owners for companies and trusts
Enhanced due diligence prompts for high-risk clients
app.realtyaml.com.au/clients
Reports and audit trail that cannot be edited
Log a suspicious matter or a cash deposit over the threshold and the legal deadline starts counting. Every action in the agency is timestamped in an audit trail you can hand to AUSTRAC as a CSV.
A consultant writing your programTypically several thousand dollars, once. The document then sits in a drawer while the ongoing work stays yours.
A spreadsheet and a folder of ID scansFree, until AUSTRAC asks when a client was last reviewed and who sighted their licence.
Enterprise AML platformsBuilt for banks, priced per seat, full of screens a four-person firm will never open.
Questions people ask
Straight answers, written for a small firm, not a bank.
Do real estate agents need to comply with AML/CTF laws in Australia?
Yes, if they broker the sale, purchase or transfer of real estate. From 1 July 2026 sales agents, buyers agents and developers selling direct are reporting entities, and both the seller and the buyer in a brokered sale are the agent's customers. Property management on its own is not a designated service.
What does RealtyAML actually do?
It gives an agency one place for each legal obligation: a generated and versioned AML/CTF program, vendor and buyer identification and risk records, review reminders, suspicious matter and threshold transaction logging with deadlines, staff training, and a tamper-evident audit trail.
Is RealtyAML legal advice?
No. It is software that helps you record and manage your obligations. The program it generates is a template built from your answers; your agency decides whether it fits and adopts it.
How much does it cost?
AU$99.90 per agency per month, GST not applicable, with a 14-day free trial. One plan, everything included.
We are a two-person agency. Do we need all this?
Yes. The obligations apply to the reporting entity, not to its size. The program is simply shorter.
Who is behind it
Built by a small business for small businesses that now answer to AUSTRAC.
RealtyAML is built for real estate agents, buyers agents and agencies in Australia that became reporting entities on 1 July 2026 and need a practical way to meet the AML/CTF obligations without hiring a compliance consultant.
The product does one thing per legal obligation and nothing else: a program, client records, reviews, reports, training and an audit trail. One plan, one price, and every screen designed so a sales team can use it without reading a manual.
