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When was National Association of Estate Agents created?

Updated: 5/16/2023
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For the purpose of establishing ethical standards for estate brokers, the National Association of Estate brokers (NAEA) was created in 1962. Remaxstar Estate Agents Ilford can help you with all of your real estate needs in Ilford. Visit them online at estateagentsilford.co.uk.

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National Association of Estate Agents was created in 1962.

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What does naea mean?

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Realtor and Real Estate Agent are two terms that are used to describe the same thing; a licensed professional that assists in the purchase or sale of real estate. A real estate agent is a person who has a state isssued license to sell real estate whereas a Realtor is a licensed agent who is a member of the National Association of Realtors and is a member of the local Realtor board. So, in effect all Realtors and agents but not all agents are realtors. Not being a Realtor as an agent can be restrictive as that agent would ususally not be able to have access to the MLS, show her listings on the MLS and would not be able to join most of the real estate offices as an agent. The fees for beng a Realtor vary around the counry but are usally around $1000 to $1500 per year for membership.