Mortgage Shop
Legal Luice
Skipton
rossborough
collas crill

Welcome and Good Morning

It's Thursday the 16 of August, 2018

About Us

 

The Jersey Estate Agents' Association was established in 1965 to provide a structure for its members to follow in order to encourage best practice and to safeguard its customers. From 1 January 2018 all members are members of Propertymark NAEA and The Property Ombudsman Scheme and follow their respective Membership Rules and Codes of Conduct.

 

Here are some FAQs about the Association...

 

How big is the membership?

We have 15 member companies, with many individual members within those companies.

 

How do you become a member?

Once the business has been running for two years and/or the business or an individual is a member of a professional body for example Propertymark National Association of Estate Agents ( NAEA) and you have Professional Indemnity insurance in place, you may apply to become a member.

 

Does this give your customers comfort?

Yes our customers know that we are an association of professionals working from a Code of Conduct offering legal security.

 

How does membership work?

Once a member joins, they can remain a member indefinitely providing they meet the criteria, and we are always encouraging new members to join.

 

How much is membership?

The annual subscription is £495 per company and we get together for lunch or breakfast meetings periodically with informative presentations.

 

Are Estate Agents in Jersey regulated?

Whilst there are no specific laws regulating Jersey estate agents, they are nevertheless required to be registered with the Jersey Financial Services Commission as a specified Schedule 2 business under the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008 and are required to collect customer due diligence in accordance with the Money Laundering (Jersey) Order 2008. That is the culture we now live with.

 

Can customers now benefit from the JEAA?

Certainly, the JEAA act as a form of redress for complaints received from customers against its members and then looks into resolving the situation.

 

Would you encourage customers to use a Member Agent?

Absolutely, that would give them comfort knowing that the agent operates from a Code of Conduct in their everyday operation. The JEAA emphasise that their members work for the vendor in the case of a sale, and the landlord in the case of a rental. A fact that often gets overlooked in trying and clinch a deal!

As property is one of the biggest investments a person is likely to make – it makes sense to select an agent that follows best practice. The Jersey Estate Agents’ Association is committed to raising the standards in estate agency.