Tranche 2 AML Software & Consulting for Real Estate Agents
Tranche 2 is now in force across the property market. Lead AML provides custom risk assessments, mobile KYC tools, and automated screening so your agents can focus on selling.
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What real estate agents must know about Tranche 2
Tranche 2 Is Now in Effect: What Real Estate Agencies Need to Know
Real estate is considered a "very high and stable" vulnerability for money laundering in Australia. Since 1 July 2026, real estate agents and buyer's agents must be enrolled with AUSTRAC and have an active AML/CTF program in place before brokering the purchase, sale, or transfer of any property.
Auction-Ready Delayed CDD
Don't let compliance kill an auction. AUSTRAC's Delayed CDD provision allows you to delay full counterparty verification until up to 15 days after the exchange of contracts. Lead AML tracks each party’s checks on the transaction, so nothing is missed.
Compliance That Doesn't Slow Down Your Sales
Implementing compliance manually using AUSTRAC's 80+ page starter kits is a massive burden that takes your agents away from listing and selling. Lead AML digitises the entire process — so your team spends time with clients, not paperwork.
Instant Buyer KYC and Name Screening
Mobile-Friendly Vendor & Buyer KYC
Fast, template-driven identity verification workflows that your salespeople can use on the go — at the property, in the office, or at auction.
Auction-Ready Delayed CDD
Track every party’s checks on the transaction while you use AUSTRAC’s "Delayed CDD" provisions, which can allow verification up to 15 days after the exchange of contracts.
Unpacking Trusts & Offshore Buyers
Identify and verify the Ultimate Beneficial Owners (UBOs) behind complex family trusts, self-managed super funds (SMSFs), and offshore shell companies purchasing real estate.
Risk Ratings That Catch Red Flags
The customer risk assessment covers high-risk scenarios, such as unfinanced purchases over $1.5 million or deposits paid in large sums of physical cash.
Audit-Ready Record Keeping
Ensure every ID check, PEP screen, and risk assessment is securely logged in the cloud for the mandatory 7-year period.
AML for real estate agents: FAQs
Are real estate agents covered by Tranche 2?
Yes, when brokering the sale, purchase or transfer of real estate. Property management and residential leasing aren’t designated services.
Do I verify the buyer, the seller or both?
Both. When you broker a sale, purchase or transfer, your obligations cover the buyer and the seller. AUSTRAC’s real estate guidance explains the timing, including when buyer verification can be completed after exchange.
How do I check a buyer that is a trust or company?
Identify and verify the individuals who own 25% or more or control it. Lead AML’s business check confirms the entity with the ABR and ASIC and asks it to declare its owners, who each get an ID check.
How much does AML software for real estate agents cost?
Lead AML plans start at $79 a month (plus GST), with monthly credit for automated ID and business checks and the AML/CTF program builder included. You can try every Growth feature free for 14 days, no card needed.
See it working on your own clients
- 14 days free, no card needed
- $50 of check credit to try ID and business checks
- Every Growth feature included