Land agent factor. Today the term estate manager or similar is more common. A land agent, also called a warrant agent, may also be a real estate agent or broker who specialises in land and farm sales. Land and farm sales differ drastically from sales of houses, therefore there is the need for specialisation. This usage is found in the United Kingdom, Australia, and the United States. The land agent can also be an agent of the oil and mining industry who negotiates with landowners for mineral and surface rights for the potential extraction of those minerals. This usage is primarily found
Estate agent for Estate Agents Scheme", which obtained OFT approval for the "Code of Practice for Residential Sales" in and, as of November 2006 claims to have 2,532 member agencies. There is a legal requirement to belong to either organisation to trade as an estate agent. Agents can be fined if they are not a member of a redress scheme. The redress scheme was brought in alongside and to govern agents in reference to the HIP (Home Information Pack). A handful of national residential estate agents chains exist, with the majority being locally or regionally specialised companies. Several multi-national commercial agencies exist,