Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Joint Oireachtas Committee on Justice, Defence and Equality
Conveyancing Survey Results January 2015: Institute of Professional Auctioneers and Valuers
9:30 am
Mr. Patrick Davitt:
The time period in a rising market is different than in a falling market because the opposite happens - gazundering. The gazumping happens in a rising market, so if a property is still not completed for sale in four months, as opposed to being one month, obviously there is a chance someone will come and make a further offer because the property price has probably gone up.
No comments