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Buying and selling property is usually not confined to the purchaser and seller. In most cases, third party actors are also involved such as solicitors or lawyers, engineers, surveyors, architects or mortgage brokers and it is important to establish a good working relationship with the people you are employing. Dealing with third parties should be a relatively straightforward process most of the time. Sometimes, however this is not so and it is important to deal with it early on rather than later.
When dealing with third parties, do not be afraid to ask questions. If you do not understand something, ask them to explain it. If you still do not understand, ask them to explain it again! Regarding Auctioneers, there has been much bad press in recent years about the profession. If you are doubtful about the existence of an offer or a bidder, ask the auctioneer for confirmation of the bid in writing. There is also a new code of conduct established by the National Property Services Regulatory Authority which is voluntary at the minute. Ensure your Auctioneer is a signatory to this code of practise, prior to giving them your business. Once the National Property Services Regulatory Authority is properly established on a statutory basis by the government, it is expected that this code of conduct will be mandatory. You can find a list of signatories to the new code of conduct at their website, www.nprsa.ie
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