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:
- Promote unity and understanding among estate agents and protect the general public against fraud, misrepresentation and malpractice
- Safeguard its membership and the public against restrictive practices within the profession
- Encourage a high ethical standard of competitive practice combined with commercial experience
- Provide an organisation for land and estate agents and managers, surveyors, auctioneers and valuers for the protection of their collective interest
- Do such things as may be necessary or expedient to sustain or raise the status of land and estate agents and managers, surveyors, auctioneers and valuers, and particularly members of the association as such.
The NAEA's rules were adopted at the inaugural meeting of the association on March 6, 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.
Read more about National Association Of Estate Agents: See Also
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