IAVI - Irish Auctioneers & Valuers Institute - has reached agreement with the National Consumer Agency on publishing correct sales prices; The Irish Times had raised the issue with the agents
May 1st, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The IAVI (Irish Auctioneers & Valuers Institute), has reached agreement with the National Consumer Agency (NCA)that from now on IAVI members will be required by the Institute to refrain from publishing any sale figures other than the exact sale price achieved for any property. In future, terms such as ‘region of’, ‘close to’ or ‘above’ cannot be used and the IAVI recognises that the publication of results, when it occurs, needs to be timely.