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. Keith Anderson:
In my own business in Donegal if we have a sale that goes on for four or five months and another offer comes in, we recommend to the owner that they hold back and go back to the person later on. We do not gazump in Donegal, we recommend they take the initial bid. We want it back to two months. Two months is time for the Central Bank evaluations and two months is sufficient time for a sale to go through. Everyone is in good humour, people have a chance to transact and then move on.
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