Real Estate Trust Account Audits – Maitland, NSW

Compliant Trust Audits For Real Estate Agents

Are you a licensed real estate agent managing a trust account?

Under NSW Fair Trading regulations, all real estate agencies operating a trust account must complete an annual trust account audit by a registered external auditor.

At Bottrell Accountants, we provide fast, independent and cost-effective real estate trust account audits for Maitland agencies — with full compliance and minimal disruption.

We’re local, responsive, and understand agency workflows.

Who Needs a Real Estate Trust Audit?

You’re required to lodge an annual trust audit if you:

Hold a real estate, strata, or stock & station licence
Operate a trust account in NSW
Receive and hold money on behalf of others — e.g. rent, deposits, bonds or payments pending settlement

Audit reports must be lodged with NSW Fair Trading within 3 months of the end of your trust account year (usually 30 June).

Why Choose Bottrell for Your Trust Audit?

NSW-qualified trust auditors

10+ years of real estate trust audit experience

Registered with NSW Fair Trading

Work with agencies across Maitland, Newcastle & the Hunter

Prompt audits with clear feedback

Minimal disruption to your team

Fixed fee, no hidden costs

Can liaise directly with your property manager or bookkeeper

What We Check in a Trust Audit?

Trust account opening and bank records
Monthly trust reconciliations
Receipts and disbursements
Ledger balances and client funds
Proper use of trust receipts and cheques
Adherence to Property and Stock Agents Act 2002
Breach reporting (if applicable)

If issues are found, we provide recommendations and assist with corrective action.

Our Trust Audit Process

Intro & checklist – We request key records (we can work with your property manager or software)
Audit review – We check reconciliations, ledgers, receipts, and processes
Audit report prepared – Compliant with NSW Fair Trading standards
Lodgement – Submitted electronically before the due date
Feedback & support – We provide practical suggestions for better trust management (if needed)

Who We Work With

We audit:

Real estate agencies (residential, commercial & rural)
Strata management companies
Stock & station agents
Rent roll operators
Sole licensees or large multi-office groups
Franchise offices & independents

Real Estate Trust Account Audits – Maitland, NSW