Would the Irish property market benefit from more formality?
With a growing trend for sales fall-throughs after an offer is accepted, it is astounding that a buyer’s word is all it takes to withdraw a property from the market
We have seen a frenetic property market in Dublin in recent years and incredible price rises for beautifully presented properties. However, on the flip side, there is a growing trend for sales fall-throughs after an offer has been accepted.
With no formal process in place when it comes to offering on a property in Ireland, and agents and vendors simply taking a buyer’s word for it when they make an offer, the transaction is naturally ...