Find out what commercial estate agents do, what is best practice, how they are regulated, and further information about commercial estate agency.
Commercial estate agents specialise in the acquisition and disposal of leasehold and freehold commercial (non-domestic) property.
Although the profession is not officially regulated nor has a mandatory route to qualification, many but not all commercial estate agents will be members of RICS or the National Association of Estate Agents.
Our members specialising in commercial real estate agency are both highly qualified and regulated.
Commercial and residential real estate agency practice shares much common ground such as the process of agency and the need for integrity.
Commercial real estate agency however often involves more freehold and leasehold acquisition work for clients and a more complicated letting process requiring a high degree of knowledge and expertise.
Our UK Commercial Real Estate Agency Professional Statement 2016 sets out the responsibilities of commercial property agents to ensure they are working to the highest ethical and professional standards.
Our Practice Statement sets out both mandatory requirements indicated by 'must' and best practice guidance indicated by 'should'. Where an allegation of professional negligence is made against a surveyor the court is likely to take account of relevant RICS professional statements in deciding whether or not a surveyor acted with reasonable competence.
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