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 that could increase or decrease property prices. e.g. if a new road or airport is to be built this can blight houses nearby. Equally, the closing of a quarry or improvement of an area can enhance prices. In advising clients on an asking price, the agent must be aware of recent sale prices (or rental values) for comparable properties. The full legal term and definition of an estate agent within the UK can be found on the Office of Fair Trading (OFT) website. Enforcement of these regulations is also the responsibility of the OFT. In the United Kingdom, residential estate