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London Real Estate

London Property

Buying London Real Estate...

Real Estate Agents

Primarily, estate agents are working for and paid by the seller and they provide the buyer with information and details on properties. If you need a mortgage then shop around and compare prices so you're sure to get the best deal.

Surveys

A home buyer's survey is a partial survey and will not cost you as much as a full structural survey which lets you know if any major repairs are needed.

Estate Agents Services

Arrange the sale of the property between seller and buyer (usually acting for the seller).

Advise on price and negotiate between seller and buyer.

Arrange advertising and, if the seller is their client, charge a commission which is normally a percentage of the property.

What Do Estate Agents Do?

If a buyer makes an offer the estate agent must give the seller a written copy of the buyer's offer.

Estate agents must not mislead in the description of a property.

They are controlled by special codes of conduct which are regulated by professional bodies.

They belong to trade associations such as The National Association of Estate Agents (NAEA), The Ombudsman for Estate Agents Scheme (OEA) and the Royal Institution of Chartered Surveyors (RICS).

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