National Association of Estate Agents NAEA's rules were adopted at the inaugural meeting of the association on 6 March 1962 and have subsequently been amended, most recently in 1998 In August 2008 the NAEA entered the UK property portal market by launching their own property listings website Propertylive. National Association of Estate Agents The National Association of Estate Agents (NAEA) is a membership organisation for estate agents "(called real estate brokers in the US)". It is based in and covers the UK. It was founded in 1962 by estate agent Raymond Andrews. It is the UK's leading professional body for estate agents. Its members practice
Estate agent property to a buyer that was introduced by the estate agent, then the estate agent will charge anything from 1% to 2%, with the average in 2017 being reported as 1.2% and this is calculated based on the sale price of the property. Alternative estate agency models, most notably online estate agents, generally offer a choice of fees, most of which are either paid on an up front basis, or paid later on completion. Fees range from around £300 to £800. Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first