Increase in minimum wages under the Real Estate Industry Award

Recently the Fair Work Commission handed down increases to the minimum award rates of pay which will affect Real Estate Agents in the National system.

The award rates of pay for National System employers will increase by 3.3% effective from the first pay period commencing on or after 1 July 2017.

This increase will affect employees covered by the Real Estate Industry Award and the Clerks – Private Sector Award.

The following table shows the new rates of pay applicable to employees covered by the Real Estate Industry Award.

REAL ESTATE INDUSTRY AWARD
MODERN AWARD CLASSIFICATION AWARD RATES
Weekly (effective from the first pay period commencing on or after 1 July 2017)
Property Sales Associate – first 6 months $694.90
Property Sales Associate – after 6 months $719.20
Property Sales Representative $736.70
Property Sales Supervisor $847.40
Property Management Associate $742.90
Property Management Representative $785.00
Property Management Supervisor $901.40
Strata/Community Title Management Associate $742.90
Strata/Community Title Management Representative $785.00
Strata/Community Title Management Supervisor $901.40
CLERKS – PRIVATE SECTOR AWARD
MODERN AWARD CLASSIFICATION AWARD RATES
  Weekly

(effective from the first pay period commencing on or after 1 July 2017)

Level 1 – Year 1 $738.80
Level 1 – Year 2 $775.40
Level 1 – Year 3 $799.65
Level 2 – Year 1 $809.15
Level 2 – Year 2 $824.10
Level 3 $854.60
Level 4 $897.40
Level 5 $933.80

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