Housebuyers must treasure tender moments

Potential buyers of residential property should familiarise themselves with the process of sale by tender, writes Carol Tallon.

11th May, 2013
More homes are being sold by tender, used in the past mainly in the commercial sector.

Property in Ireland is generally sold in three different ways. The most common method of sale is by private treaty, usually through an estate agency.

The second most common form of sale is by public auction and this has become increasingly popular for Irish sellers in recent years. The third method of selling property is to offer it to tender.

Tenders have in the past been used mainly for commercial property transactions, or for the...

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