Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Davitt:

Now, when the prices of houses moved up, obviously the fees moved down slightly. So, like, at that particular stage if you are talking about a house in Dublin, you could be talking about maybe 0.5% of a fee for it. Maybe less even depending ... or maybe more depending on who the auctioneer was and what fee they were able to negotiate.