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Why does it still take seven months to sell a house in Ireland?

Why does it still take seven months to sell a house in Ireland?

 

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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