Home Hammond PI Blogs New licensing scheme for estate agents
New licensing scheme for estate agents
( 0 - user rating )
Written by Dave Hedgecock   
Wednesday, 17 November 2010 14:08

The National Association of Estate Agents, which is running the scheme, said more needed to be done to protect consumers from unprofessional agents.

In order for an estate agency branch to be licensed, at least one of its agents must be qualified to carry out residential property sales, either through a formal qualification or through having seven years' of experience.

The estate agency will also need to have the required level of professional indemnity insurance in place, be bound by the NAEA agents' rules of conduct and commit to keeping up to date with industry developments, while the individual who is licensed will have to undertake 12 hours of continuing professional development every year.

Mirror.co.uk

17 November 2010

 

Comments
Search RSS
Only registered users can write comments!

3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 

Search HammondPI.com

Follow the Blogs

Hammond PI Blogs
PI News Blogs