Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Davitt:
It could but, like, you still have to, if you're a valuer, you still have to take into consideration what properties were making so you would have to find out, so like what you would have to do is before the price register was there, you would have to get a brochure on a property. So if I went to do a valuation, I would have to come get a brochure and a property, possibly call the agent and see on a one-to-one did you sell this property, how much did it make, what happened with it? So like lots of auctioneers were keeping databases of their own or valuers were keeping databases of their own to see what different particles of land or different properties made in different areas.