Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Davitt:

The valuer that would do that valuation would probably be an auctioneer and they would do what we would call "a thinking of selling". So they would go out to visit that person, the auctioneer would, and they would tell them what they thought the property was going to be worth and what it would make.