Is it the end of the auction era?

One of the first decisions faced by vendors is whether to sell their homes by auction or by private treaty.

Gillian Nelis

Managing Editor @gnelis
20th January, 2007

One of the first decisions faced by vendors is whether to sell their homes by auction or by private treaty.

The vast majority of property sales in Ireland - around 90 per cent - are by private treaty, with only a small number going to auction. The current state of the markets means there are likely to be less properties going under the hammer this year compared to 2006.

Estate agents will generally recommend selling a house...

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