Real estate agents, property managers, and co-ownership trustees finally have their official symbol, a symbol that will give them legitimacy in the eyes of the general public. This badge, named VESTA - named after the Roman goddess of the household - has been long-awaited in the profession, which sometimes suffered from a lack of recognition.
It will complement the ELAN law passed on 23 November 2018, which has already given protection to the profession and will confirm the skills of real estate professionals.
Regulated by the Hoguet law, the professions of real-estate agent, property manager, and co-ownership trustees did not, however, have at their disposal an emblem similar to that of health professionals (the famous "caduceus" of doctors), lawyers or notaries.
Now, with VESTA, the profession can also find a strong emblem to proudly display in agencies.
Until now, and thanks to the famous ELAN law, usurpers of the real estate agent title risked up to 6 months' imprisonment and a fine of no less than 7,500 euros. With the addition of this "caduceus", consumers will be able to recognize at a glance approved professionals and holders of a professional card.
An additional tool for customers too, so that they do not make mistakes when pushing the door of a real estate agency: recognizable at a glance on the facade or window, VESTA will be a strong guarantee of reinsurance.
"Lucere Defendere": these are the words (in Latin) that were chosen to sit alongside the Roman goddess of the home on the emblem. These strong words perfectly summarize the real estate agent's primary missions: to enlighten the search of clients on the way to their real estate searches and to protect them from fraudulent practices that sometimes take place on the market.
Over time, the FNAIM (Fédération Nationale de l'Immobilier) hopes that this badge will become an essential element of communication for real estate professionals, and a reference for consumers in their choice.
This is the wish of the FNAIM: to have the official existence of VESTA recognized by the State so that no ambiguity remains.
The Minister in charge of Cities and Housing, Julien Lenormand, was contacted in this regard. Formalization by decree is well underway and should take place in the coming days or weeks.
A fair recognition for all real estate professionals, which will certainly pull the entire profession upwards.