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It is customary in the United Kingdom and in Ireland to refer to real estate or real property simply as property.

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Wikipedia About Estate Agents

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It is customary in the United Kingdom and in Ireland to refer to real estate or real property simply as property.

Origin

The term originally referred to a person responsible for managing a landed estate, while those engaged in the buying and selling of homes were "House Agents", and those selling land were "Land Agents". However, sometime during the 20th century, "Estate Agent" started to be used as a generic term, perhaps because it was thought to sound more impressive. Estate Agent is roughly synonymous in the United States with the term real estate broker.

Regulation

The full legal term and definition of an estate agent within the UK can be found on the Office of Fair Trading (OFT) website. Enforcement of these regulations is also the responsibility of the OFT.

In the United Kingdom, residential Estate Agents are regulated by the Estate Agents Act 1979 and the Property Misdescriptions Act 1991, as well as, the more recently enacted Consumers, Estate Agents and Redress Act 2007.

Some Estate Agents are members of the Royal Institution of Chartered Surveyors (RICS), the principal body for UK property professionals, dealing with both residential, commercial and agricultural property. Members, known as “Chartered Surveyors”, are elected based on examination and are required to adhere to a code of conduct, which includes regulations about looking after their clients' money and professional indemnity insurance in case of error or negligence.

For residential property, there is also a trade association, the National Association of Estate Agents (NAEA), but it has limited scope for disciplining members. The Ombudsman for Estate Agents Scheme, which obtained OFT approval for the Code of Practice for Residential Sales in 2005 and, as of November 2006, claims to have 2532 member agencies.

There is no legal requirement to belong to either organisation in order to trade as an Estate Agent. Because of the lack of effective regulation, dishonest and fraudulent practices tend to exist in the business.

Industrial structure

A handful of national residential Estate Agents chains exist, such as Connells and Countrywide PLC, with the majority being locally or regionally specialised companies. According to Home.co.uk, the number of UK Estate Agent offices operating in the UK as of August 2007 is over 18,000.

Several multi-national commercial agencies exist, typically being Anglo-American, pan-European or global. These firms all seek to provide the full range of property advisory services, not just agency.

Only a handful of large firms trade in both commercial and residential property.

Search results for Estate Agents

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Find REALTORS® and Compare Real Estate Agents at Yahoo! Real Estate

Let Yahoo! Real Estate and HomeGain connect you with a qualified local realtor. Anonymously interview realtors online then compare agents experience and sales commissionsrealestate.yahoo.com/Realtors

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News about Estate Agents

Guilty plea in $3M Oxnard real estate scheme

KMIR 6 Palm SpringsVENTURA, Calif. (AP) - An Oxnard man is facing more than 10 years in prison for cheating sellers, real estate agents and lenders out of $3 million by funneling bogus transactions through businesses he owned.http://www.kmir6.com/Global/story.asp?S=9106301

Guilty plea in $3M Oxnard real estate scheme

The Fresno BeeAn Oxnard man is facing more than 10 years in prison for cheating sellers, real estate agents and lenders out of $3 million by funneling bogus transactions through businesses he owned. Read comments http://www.fresnobee.com/384/story/907402.html

Real estate agents catch the bicycling bug and share it with their clients

Seattle Post-IntelligencerPORTLAND -- With gas prices high, bicycles flying out of stores and a buyer's market for houses, several real estate agents around the country are touting the two-wheeled appeal of their listings.http://seattlepi.nwsource.com/business/380905_bikerealtor29....

Guilty plea in $3M Oxnard real estate scheme

KSBY San Luis Obispo Associated Press - October 1, 2008 1:44 PM ET VENTURA, Calif. (AP) - An Oxnard man is facing more than 10 years in prison for cheating sellers, real estate agents and lenders out of $3 million...http://www.ksby.com/global/story.asp?s=9106301

Six years later, Rochester real estate agent's in the thick of things

Post-BulletinWander the hallways of Rochester's pedestrian subway system and odds are you'll run into Jared Jacobs. The local real estate agent has set up a minioffihttp://news.postbulletin.com/newsmanager/templates/localnews...

News about Estate Agents

Market hot for getaway spots, real-estate brokers say

The Columbus DispatchYet real-estate agents who represent popular Ohio vacation spots say their markets are in much healthier shape than Sunbelt destinations, with far fewer (if any) foreclosures and more stable prices. "We never really had that bubble," said Port Clinton ... http://www.columbusdispatch.com/live/content/home_garden/sto...

North Amityville

NewsdayWhen Irwin Quintyne went shopping for a new home in Levittown after World War II, the real estate agents told him bluntly that blacks weren't wanted. So Quintyne turned to the only community he knew of that would welcome his family - North Amityville ... http://www.newsday.com/topic/us/new-york/suffolk-county-%28n...

Home prices down, so where are buyers?

Dayton Daily NewsTraditionally, spring is to real estate agents what the Christmas season is to retailers. As the air warms, buyers come out of hibernation, wallets begin to open and deals are hatched. But 2009 is no ordinary year, and many local agents are concerned ... http://www.daytondailynews.com/n/content/oh/story/news/local...

Real estate pro proposes government insurance on housing prices

Chicago TribuneSaying such a thing out loud inspires real estate agents to send me hateful e-mails, but this sentiment is nonetheless real and some consumers are paralyzed by it. Yes, home values can and do vary from neighborhood to neighborhood, but the painful ... http://www.chicagotribune.com/classified/realestate/advice/c...

Residents and estate agents asked to keep an eye on empty properties

Hunts PostSeen your photo in the paper or on this website? Now you can order your own copy via our new photo ordering site, myphotos24. You can order your photo as a digital image, as a reprint or on a variety of novelty gifts such as mugs, t-shirts, mousemats ... http://www.huntspost.co.uk/content/hunts/news/story.aspx?bra...

Search results for Estate Agents

Estate Agents

Harris & Co Estate Agents 1a Forehill, Ely, Cambridgeshire, CB7 4AA, United Kingdom Location: Ely Phone: 01353 661222 http://www.estateagents.ltd.uk/

Estate Agents Marbella

About Estate Agents Marbella ... Welcome to Estate Agents Marbella From residential sales and lettings to property management and acquisitions, Estate Agents Marbella can offer a ... http://www.estateagentsmarbella.com/

Welcome to Budget Estate Agents - Premier property services in Dublin ...

Welcome to Budget Estate Agents - Premier property services in Dublin Ireland and Gran Canaria Spain. A professional estate agent specialising in property sales, rental and ... http://budget-estate-agents.com

Agents.net

Match Me With: Find My Agent Now: ... Real Estate - House Value ... Search Directory of Agents - http://www.agents.net/

Real Estate Agents & Realtors in Australia - realestate.com.au

Discover how easy it is to save time and money finding the property you want. Whether you are looking at buying property or selling property we can offer everything you need to get ... http://www.realestate.com.au/cgi-bin/rsearch?a=bhp&t=as-fin

Wikipedia results for Estate Agents

Estate agent - Wikipedia, the free encyclopedia

Estate Agent is a British term for a person or business that arranges the selling, renting or management of homes, land and other buildings, although an agent that specialises in ... http://en.wikipedia.org/wiki/Estate_Agents

The Estate Agents - Wikipedia, the free encyclopedia

The Estate Agents was a comedy series, aired on Channel 4 in the UK in 2002. The series followed the lives of three incompetent and untrustworthy estate agents working at the ... http://en.wikipedia.org/wiki/The_Estate_Agents

Castles (estate agents) - Wikipedia, the free encyclopedia

Castles is a UK Estate agents, and claimed to be one of the largest independent estate agents based around London and South East England [citation needed]http://en.wikipedia.org/wiki/Castles_(estate_agents)

National Association of Realtors - Wikipedia, the free encyclopedia

The National Association of Realtors (NAR), whose members are known as Realtors (rē(ə)ltər; -ˌtôr), is North America's largest trade association.http://en.wikipedia.org/wiki/National_Association_of_Estate_...

Real estate broker - Wikipedia, the free encyclopedia

In the US, real estate brokers and their salespersons (commonly called "real estate agents" or, in some states, "brokers") assist sellers in marketing their property and selling it ... http://en.wikipedia.org/wiki/Real_estate_salesperson
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Answers for Estate Agents

Julia MDo real estate agents get paid on only commission or is there a salary as well?Julia MOne with a real estate license can work for say a home builder on salary, and still make a few sales on the side or market homes the homebuilder takes in trade. regards, Texian13wisc777How can i get real estate agents to sell my preforeclosure properties?wisc777First off, are you licensed to "Stop foreclosures?" If so, how. Realtors are worried about getting sued every day, and if someone is preying on people whose homes are going into foreclosure, the R...hari kHow to reach and know the modus oprandi of real estate agents from differrent countries?hari kJo Jo GunnHow do I find real estate agents that really want to work in the south Florida area ?Jo Jo GunnHave you tried posting your advertisements on craigslist, jobs in newspapers, etc?NeilWhat is the best forum in the states for real estate agents?Neili ve found this website for you have a look and hope this helps you http://www.ibsteam.net/wsnlinks/ Finances (79) Insurance, Money, Mortgage For Sale by Owner (19) Home Related (55) Inte...
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