press releases
Please select an article to view

Majority of agents would favour NAEA/RICS merger


The majority of estate agents in the UK may be in favour of a merger between the National Association of Estate Agents and the Royal Institution of Chartered Surveyors, according to the results of an internet survey of its members carried out by property portal website Homes-On-Line.
However, the survey shows that NAEA members who responded to the survey were overwhelmingly more in favour of any merger than their counterparts at the RICS. Whilst 75.24 per cent of respondents who were only members of the NAEA said they would be in favour of a merger, the figure dropped to 70.29 per cent of NAEA members who are also members of another professional body. By comparison, only 14.62 per cent of respondents who are RICS members said they would be in favour of a merger, and this fell even lower to just 11.66 per cent of respondents who were RICS members only.
The e-mail survey was carried out by Homes-On-Line among its estate agent members during the week beginning March 18 and members were given only five days in which to reply. Within 24 hours of the survey being issued just over 400 agents had responded and by the end of the week this total had risen to 539.
The survey was designed so that only one vote per estate agent was allowed. Guy Baker, Managing Director of Homes-On-Line, said he had decided to carry out the survey after reading Media reports of "secret discussions" between the NAEA and the RICS to form some kind of liaison between the two bodies - possibly even an amalgamation. He said: "One report I read suggested that members of the NAEA need not be consulted about any proposed liaison, so I thought I would e-mail a questionnaire directly to our database of 10,000 estate agents to see how they felt about such a move." And he admitted to being surprised at the response to the survey.
Guy Baker said: "I was expecting we would receive between 100 and 150 replies in total - to receive more than 400 within 24 hours of the survey being released tells me there is a great depth of feeling about any possible merger and that many of the members want to make their voice heard about the matter. "I am also surprised by the responses we had.
Whilst many estate agents may not be surprised that RICS members are wary of merging with what they might regard as their 'poorer relations', I would have expected the NAEA members to want to retain their Association's independent identity. I would have thought the results of this survey may spur officers of the NAEA to consider carrying out a full referendum of their members wishes."

back to top