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Having worked together on a combined code of practice for their members, the National Association of Estate Agents (NAEA) and the Federation of Overseas Property Developers, Agents and Consultants (FOPDAC) are now considering a merger.

Both the NAEA and FOPDAC are members of the European Confederation of Estate Agents (CEI) and, in 2005, worked together on the introduction of a new International Code of Practice which has since been accepted by the 40,000 estate agent members of the CEI.

Commenting on this potential merger, Ian Tonge - a NAEA past President and the current Chairman of its International Working Party – said: “I am delighted that the two organisations are looking to combine their wealth of knowledge and experience which can only be to the advantage of the International market as a whole”

Steve Emmett, the Chairman of FOPDAC added: “The aim of FOPDAC is to give the general public a greater sense of confidence and security when buying a property abroad, and we are therefore delighted to be in serious talks with the NAEA in what we see is an exciting future.”

Further details are expected as the potential merger is debated within each organisation’s respective memberships.