Yes, and it is vital that you engage a Licenced and Regulated Agent. The Property Service Regulator Authority ( PSRA ) issues licences to compliant Estate and Letting Agents and has a strict code of conduct for licensees. Every Licensed Agent has a License number. The Property Services Regulatory Authority’s (PSRA) mission is to control and supervise the Property Services Providers (PSPs) ie Auctioneers, Buyers Agents, Estate Agents, Letting Agents and Management Agents. The PSRA work to protect the interests of the public by ensuring that high standards are maintained in the delivery of property services.
The PSRA fulfils this mission through licensing and regulating Property Services Providers. Their remit includes, licensing all such services providers; the provision of a complaints investigation and redress system for consumers; the setting and enforcement of standards in the provision of property services and the maintenance of a compensation fund.