The National Association of Estate Agents
The National Association of Estate Agents (NAEA) is the UK’s leading professional body for estate agency. Its 10,000 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. Founded in 1962 by estate agent and entrepreneur Raymond Andrews, the NAEA was established with the goal of upholding good practice and high professional standards in UK estate agency. Today, its key roles include providing help and guidance for property professionals across a broad spectrum of disciplines while continually campaigning to make the property market more efficient and user-friendly for the home buying and selling public.
To assist consumers, the NAEA has collated some very useful information about all aspects of property and has brought this information together in its Property Guide. Each section of the Guide has been written by a property professional specialising in the relevant field. The Guide addresses buying a home, selling a home, buying to let advice, moving, and general advice (covers wide range of topics from home improvement to noisy neighbors). The Guide can be easily accessed online for free, and can also be viewed on the Association’s YouTube channel. Monthly markets reports are also available for download.
The National Association of Estate Agents (NAEA) www.naea.co.uk is one part of an overarching group called The National Federation of Property Professionals (NFOPP). The others are: The Association of Residential Letting Agents (ARLA) ww.arla.co.uk, The Institution of Commercial and Business Agents (ICBA) www.icba.uk.com, The National Association of Valuers and Auctioneers (NAVA) www.nava.org.uk, and The Association of Professional Inventory Providers (APIP) http://www.apip.org.uk/.
Before it was a regulatory requirement, the NAEA insisted that all Employer members belonged to an independent redress scheme and it currently sits on the Board and Council of the Property Ombudsman. Even though it is not a legal requirement for letting agents to belong to such a scheme the NAEA and ARLA have made it a condition of membership. The NAEA and ARLA also insist that any Members holding clients money have Client Money Protection Insurance. In the event of the closure of a firm this results in consumers having the safeguard of knowing that their money is protected.