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
Letting agent Letting agent A letting agent is a term for a facilitator through which an agreement is made between a landlord and tenant for the rental of a residential property. The term is common in countries using British English, including countries of the Commonwealth. In the UK, Australia and New Zealand the agreement between landlord and tenant is normally formalised by the signing of a tenancy agreement. A letting agency will normally charge a commission for their services, usually a percentage of the annual rent. Letting agents will often operate under the umbrella of an Estate Agent due to the synergies