National Association of Estate Agents 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 across all aspects of property both in the UK and overseas, including residential and commercial sales and letting, property management, business transfer, auctioneering and land. The NAEA has a licensing scheme that offers consumer protection The NAEA's aims are that it shall: The
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