Property

Estate agents accuse Daft of ‘abusing its dominant position’ in the market

The Institute of Professional Auctioneers and Valuers has lodged an official complaint that the property website has imposed excessive price increases and ‘refused to engage’ with estate agents

Pat Davitt, chief executive, Ipav: ‘The decision was taken to submit a formal competition complaint to the competition regulator, in relation to Daft’s actions.’ Picture: Fergal Phillips

Real estate agents have accused Daft, the property listings website, of abusing its dominant position in the Irish market, the Business Post has learned.

The Institute of Professional Auctioneers and Valuers (Ipav) made an official complaint last week to the Competition and Consumer Protection Commission (CCPC) making a number of allegations.

In correspondence sent to Ipav members, Pat Davitt, chief executive of the body, claimed that Daft had “abused its dominant position”.

Ipav has complained ...