Background to the Property Services Regulatory Authority

The Property Services Regulatory Authority (PSRA) was established on 3 April 2012 pursuant to the Property Services (Regulation) Act 2011 (the Act) and is the statutory body with responsibility for licensing and regulating the property services sector in Ireland.

The Act establishing the PSRA provides for the licensing of a number of categories of Property Services Providers namely:

  • Auctioneers: Persons engaged in the auction of property other than land (Licence Category A)

  • Estate Agents: Persons engaged in the purchase or sale of land by whatever means (Licence Category B)

  • Letting Agents: Persons engaged in the letting of land (Licence Category C)

  • Management Agents: Persons engaged in the provision of property management services on behalf of Management Bodies (Licence Category D).

Functions of the PSRA

The PSRA’s remit includes:

  • To operate a comprehensive licensing system covering all Property Services Providers

  • To administer a system of investigation and adjudication of complaints against Property Services Providers

  • To promote increased consumer protection and public awareness in the provision of property services

  • To maintain and administer a Compensation Fund

  • To maintain three Public Registers – the Residential Property Price Register, the Commercial Lease Register and the Register of Licensed Property Services Providers.

This page was last updated on July 29, 2022