A Real Estate Agent is a person who engages in the buying, selling, or disposal of real property.

The Role of the Real Estate Agents

The real-estate sector is of extraordinary importance to the economy in general and the financial system in particular. It offers advantages both for law-abiding citizens and for those who would misuse the sector for criminal purposes. The economic development and growth of tourism in many countries have also led to exponential growth in the number of financial transactions linked to real-estate.

The core functions of an agent may include:

• Traditional exclusive (and non-exclusive) seller representation.
• Traditional exclusive (and non-exclusive) buyer representation.
• Representation of both buyer and seller in the same transaction.
• A number of agents representing sellers or buyers.
• National and transnational referrals.
• Amalgamation or interaction of functions of other professionals, e.g. notaries, lawyers, lenders, valuers.

• AML/CFT/PFT Guideline for Real Estate Agents
• Real Estate Agents Questionnaire
• Submit a Suspicious Transaction Report
• Real Estate Sector Risk Assessment 2024