The National Association of Estate Agents (NAEA) and the Federation of Overseas Property Developers, Agents and Consultants (FODPAC) have signed a formal agreement to merge FOPDAC with the international section of the NAEA. The new name for this part of the company is NAEA International incorporating FOPDAC.

The two organisations are both members of the European Confederation of Estate Agents (CEI) and worked together in 2005 to bring about the introduction of a new International Code of Practice, which has since been accepted by the 40,000 estate agent members of the CEI.

Ian Tonge, chairman of the NAEA International working group, says: “This is a significant step for both organisations and I am delighted that we are now joining forces in this way. Members and consumers will be able to benefit from the combined knowledge and experience of both the NAEA and FOPDAC. Through this partnership we hope to make a further, positive difference in the international property arena.”