Oireachtas Joint and Select Committees

Thursday, 2 April 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. John Moran:

It is a combination of both, depending on what service level one offers. Valuations are done for fixed fees, so there is no incentive there whatsoever and nor should there be. Sales fees are still a percentage of the ultimate sale price - or fixed fees depending on which the client wants.