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Legal Terms - real estate agent
An individual who facilitates connections between potential buyers and sellers of real estate. A person may belong to a professional organization but is nonetheless governed by the National Trading Standards Estate Agency Team (NTSEAT), now administered by Powys County Council, in accordance with the Estate Agents Act 1979 and the Consumer Protection from Unfair Trading Regulations 2008. Since October 2008, all estate agents must be members of an accredited estate agents redress scheme, such as the Property Ombudsman. Refer to misdescription as well.
An individual who facilitates connections between potential buyers and sellers of real estate. A person may belong to a professional organization but is nonetheless governed by the National Trading Standards Estate Agency Team (NTSEAT), now administered by Powys County Council, in accordance with the Estate Agents Act 1979 and the Consumer Protection from Unfair Trading Regulations 2008. Since October 2008, all estate agents must be members of an accredited estate agents redress scheme, such as the Property Ombudsman. Refer to misdescription as well.
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