Did you know that all agents who provide a property service must hold a property service providers licence?
The Minister for Justice and Equality, by order under the Property Services (Regulation) Act 2011, established the Authority on a statutory basis on 3 April 2012.
The main function of the Authority is to control and regulate Property Services Providers (i.e. Auctioneers/Estate Agents, Letting Agents and management Agents) this includes the licensing of all such services providers, the establishment of a complaints investigation and redress system for consumers, the setting and enforcement of standards in the provision of property services, the administration of client accounts, the establishment and maintenance of a compensation fund and the creation of three Public Registers.
The Authority has published three registers namely, the "Register of Licensed Property Services Providers", the "Residential Property Price Register" and the "Commercial Leases Register".
All persons wishing to provide property services in Ireland must hold a licence from the Authority.
The Authority is responsible for the control and supervision of Property Services Providers (PSPs) -(i.e. Auctioneers/Estate Agents, Letting Agents and Management Agents) and for the maintenance, by such providers, of high standards in the provision of property services.
Its main functions are to:
Anyone involved in the activities below will be subject to regulation by the PSRA.
All auctioneers, estate agents, lettings agents and management companies now need a property services providers licence issued by the PSRA.
All agents must carry their licence with them and on request must present it to you.