A webinar this week is set to see the release of more details of changes to property listings being demanded by the National Trading Standards Estate and Letting Agents Team.
Upfront property information service Gazeal is hosting the webinar at which an NTSELAT spokesperson will be joined by representatives from property portal Boomin and by Shaun Adams, the chief executive of regional estate agency Cooper Adams.
Within the next two months all property listings must include the council tax band or rate (for lettings and sales), as well as the property price and tenure information (for sales). Over the coming weeks, data fields for these particulars will start to appear on the portals.
Later phases of the process led by NTSELAT will mean agents will have to add further ‘material information’ - for example, restrictive covenants, flood risk and other specific factors that may impact certain properties.
Gazeal chief executive Bryan Mansell says: “We are delighted to have the Trading Standards team on board for an exclusive webinar in which agents will be able to ask any burning questions they about the major news announced this week.
“While the news has broadly been welcomed, and many agents already do lots of what has been requested, there will undoubtedly still be doubts, uncertainty and questions marks about what is being introduced and why. Having a webinar where agents can put their questions directly to Trading Standards is therefore invaluable.
“Gazeal have been providing transparent property information services for estate agents to use for the last two years, so we are, of course, delighted that various industry bodies are now coming together to bring long-overdue change to the provision of key information, which is vital to help home movers make informed, educated decisions about property.”
Mansell adds that he hopes the webinar will fill in knowledge gaps and put agents’ minds at ease following the announcement of the new regulations.
You can register for the webinar by clicking here.