The Association of Estate Agents in Nigeria (AEAN) is a new body being midwifed by the Nigeria institution of estate surveyors and Valuers (NIESV). Over the years, Estate Surveyors and Valuers have noticed the bastardization of an aspect of our profession particularly estate agency which for want of a better word has been turned into an all comers affair.As a matter of fact the poor public perception and image of the Estate Agent and in effect the profession of Estate Surveying and Valuation, is as a result of the activities and incursion of non professionals into the practice of Estate Agency. The institution in a bid to reverse this trend has set up the Association of Estate Agents in Nigeria. ITS TERMS OF REFERENCE ARE:
To guide activities of the body for the time being, pending when an annual general meeting (AGM) of the new body will be convened to elect its substantive officers. To liaise with the Lagos state estate agency body with a view to fashioning out a preeminent role for our own association. To fashion out the modalities for membership of the association (for NIESV members and others). To work out the modus operandi for the association viz-a-viz training, minimum qualification for membership, etc. To design ways and means to put the practice of agency under control throughout the nation and make these body the main association of estate agents in the country. To Work towards the presentation of a bill for government recognition and charter for the association to the national assembly. To present reports of its activities to the management committee and or council, on a regular basis. Membership of the Association is open to all professionals and other interested Nigerians with a minimum of school certificate level of education. Membership of the Association of Estate Agents in Nigeria (AEAN) is divided into the following three 3 categories.
1. Certified estate Agents (CEA)
2. Associates Estate Agents (REA)
3. Estate Brokers (EB),
The Association of Estate Agents in Nigeria though an independent body will draw on its relationship with the NIESV to ensure that members receive training, study materials and are tutored regularly in the way and manner to engage successfully in the profession and practice of estate agency so that it is a win-win situation for all stakeholders and also that best practices are upheld. AIMS AND OBJECTIVES
The aims and objectives of AEAN are as follows:
1 To Sanitize the Estate sector of Nigeria economy.
2 To develop the Estate Agency into respectable professional practice in Nigeria.
3 To maintain a database of Estate Agents in Nigeria.
4 To train and re-train Estate Agency Personnel.
5 To ensure a high standard of professional ethics by members.
6 To reduce to barest minimum, incidents of fraud in property transactions.
7 To promote networking and build friendship amongst members.
8 To maintain a multiple listing system to enable members to advertise and market properties online.
9 To maintain a Property Information System (P*S) to establish market trends and provide information for researchers and property investors.
10 To provide information and other resources to enhance the productivity of members.
11 To liaise and cooperate with government and government Agencies in the formulation and implementation of policies with regards to the Real Estate Sector of the economy.
