Estate agents

Definition

The role of an estate agent is to:

  • act on behalf of owners, buyers and tenants to arrange the sale or lease of property including houses, buildings, factories, shops, farms, land and businesses
  • provide market appraisals of properties and businesses for clients
  • negotiate the sale or lease of properties and businesses
  • collect rents and manage rental properties.

To do any of these you must:

  • hold an estate agent’s licence, or
  • be employed by a licensed estate agent as an agent’s representative.

In this section:

Last updated: 14/05/2013

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