In the midst of many property market challenges, it may be time to evaluate the selling model for houses and some of the chronic inefficiencies in the residential estate agency model. A review of the scant commentary on this reveals that the length of time it takes to close a sale is viewed as the central consideration of a house sale. The consensus view is that this is an average of seven months. Is this an acceptable standard? How have we allowed such a situation, which does not benefit any of the stakeholders involved, to become standard practice?

Read the full details in the Irish Times

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