NAEA Propertymark: National Trading Standards Estate Agency Team’s guidance on referral fees

Mark Hayward, Chief Executive, NAEA Propertymark comments on the National Trading Standards Estate Agency Team’s guidance on referral fees, released today.

“We have long called for greater clarity and transparency on referral fees. It’s essential that if you are referred for financial or legal services by your estate agent, you understand that they are receiving a commission, and how much this is. The guidance released today is a triumph for consumers and an important move in improving the house buying and selling process.”

 

Kindly shared by NAEA Propertymark