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 typically Anglo-American, pan-European or global. These firms all seek to provide the full range of property advisory services, not just agency. Only a handful of large firms trade in both commercial and residential property. Estate agents fees are charged to the seller of the property. Estate agents normally charge the seller, on a 'no sale, no fee' basis, so that if property doesn't sell, then the customer will not pay anything to the estate agent and the agent will have worked for the customer, free of charge. If the seller does sell the property and complete the sale of their