A common code of practice and charter for estate agents selling overseas property has been agreed upon by the National Association of Estate Agents and the Federation of Overseas Property Developers Agents and Consultants.
Ian Tonge, chairman of the NAEA International Division, said, "With overseas property an increasingly popular part of our members portfolios, this Common Code gives the public an easy way to find a high quality service thats more than just fine words."
As a further boost, subject to ratification at forthcoming meetings, both FIABCI (the International Real Estate Federation) with members in 70 countries world-wide and the CEI (Confédération Européenne de lImmobilier) with members across 13 European countries will also sign up to the Common Code. This will create a massive world-wide network of independent specialists who deal ethically and professionally with every aspect of clients needs related to residential and commercial property abroad.