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.

Comments

No comments

Log in or join to post a public comment.