Simplifying AML Compliance for Australian Real Estate Agents
Simplifying AML Compliance for Australian Real Estate Agents
It's no secret that AML compliance is time-consuming, costly, and complex.
The Australian real estate sector is about to feel that pressure firsthand.
AUSTRAC has turned its attention to real estate, and from 1 July 2026, those who offer a designated service will be required to comply with AUSTRAC's AML/CTF regulations.
These obligations include:
Enrolling with AUSTRAC
Building an AML Program
Training staff
Performing customer due diligence
Keeping records
Reporting where required
Managing all of this manually is a significant burden, one that costs real estate businesses both time and money.
Personr and Flk It Over want to make the process easier, more streamlined, and more cost-effective, which is why they have built a native integration within Flk It Over.
A Flk It Over spokesperson said:
“The signing step is the logical moment to trigger AML, so that's exactly where we've embedded it. With FLK it over, agents can now navigate their state-based legislation and AUSTRAC requirements in the one platform,” they said.
“That delivers real time and compliance benefits for the agency, while giving the owner an elevated, easy-to-follow signing and AML experience.”
Together Personr and Flk it Over, help small businesses and real estate teams handle high workloads, meet their AML obligations, streamline agreements, and ensure no documents are missing or incomplete, all at a reduced cost.
If you are creating a new transaction for a designated service and find you need to complete a customer due diligence check, you can now do this within the Flk It Over platform through the Personr integration in under 5 minutes.
Flk It Over customers can also track the status of their checks within the platform.
Personr Co-Founder Nick Ahrens said this integration means real estate agents can meet their AML obligations without disrupting their workflow.
“Most compliance tools are built for large enterprises with dedicated compliance teams. We built Personr for the businesses that don't have that luxury. That’s the difference,” said Mr Ahrens.
Who Is Flk It Over?
FLK it over is an Australian PropTech platform for real estate professionals, bringing digital agency agreements, forms, signing and now embedded AML/CTF compliance into one place. Built to complement the leading PropTech CRMs and property management systems agents already rely on, it delivers everyday time savings and an elevated customer experience for the end user. FLK it over keeps agencies compliant with state legislation and AUSTRAC requirements, without slowing down the deal.
Who Is Personr?
Personr is an AML/CTF compliance platform built specifically for the Australian market. It helps businesses:
Manage their compliance processes
Conduct customer due diligence (CDD) and ongoing monitoring with ease
Stay audit-ready with structured record-keeping and reporting tools
Adapt quickly as obligations evolve under the new Tranche Two regime
