These rules also apply if the buyer is a "connected person," such as a family member, business associate, or another employee at the same agency.
Agents are generally prohibited from asking for or receiving a pre-contract deposit when they have a personal interest in the property. can an estate agent buy a house they are selling
In the UK, these transactions are primarily governed by the Estate Agents Act 1979 , specifically , which covers personal interest. Legal Requirements for Estate Agents These rules also apply if the buyer is