Auctioneers Form New Link-Up with Daft.ie  
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IPAV PRESS RELEASE
12th MAY 2006
AUCTIONEERS FORM NEW LINK-UP WITH DAFT.ie
 
The Institute of Professional Auctioneers and Valuers (IPAV) today (Friday, May 12) announced a new link-up with Ireland’s most advanced property search company, Daft.ie, which will now provide all IPAV members with access to millions of new buyers in a very simple fashion.
 
The new technology will bring unrivalled benefits to IPAV membership at once establishing IPAV as a leader in the field of property research whilst establishing a powerful new voice in online property at www.ipav.ie where members may list unlimited properties.
 
The link-up with IPAV’s website will feature many of the benefits for which Daft.ie has become synonymous; faster uploading; high quality photos and tours; far higher search engine ranking and ultimately – a faster way to sell property. All properties will be automatically mapped with brochures and vendor reports always at hand.
 
Put simply, for house buyers anywhere in the world searching for property to buy, IPAV members’ properties will now be highly visible and far easier to access not only from Daft.ie and Google, but now from www.ipav.ie also.
 
The technology built by DAFT.ie for IPAV has won awards worldwide, most recently from the UN World Summit Award for eBusiness, for being incredibly easy to use for members and their staff alike.
 
“The solution we have built for IPAV is so simple to use we believe it will save a typical member firm over 100 administrative hours per year,” said Daft.ie Director Mark Downey.
 
IPAV have also agreed a special marketing partnership with the main Daft.ie portal which will allow all future IPAV members unlimited marketing on Daft.ie for a special subsidised rate.
 
New elected IPAV President Seán Mason said the link-up with DAFT.ie marked another new milestone in the growth and development of IPAV and he looked forward to growing the relationship in the months ahead.
 
In his address to delegates Mr Mason said he was proud to announce that the Institute’s membership now exceeded 800 for the first time and was on target to reach 1,000 in a year’s time.
 
He also said IPAV was not happy with the current use of the terms ‘Advised Minimum Value (AMV) and ‘Asking Price’ as has come into fashion. As currently employed, the term AMV was of little value to the buying public. In fact, it could be argued that it was only adding further confusion to an already confused public.
 
“Recommendation 24 of the report of the Review Group clearly stated that the only price level that may be published by an auctioneer in respect of all sales should be the Advised Minimum Value,” he said.
 
He added that, in IPAV’s view, changes in this and any other areas of the sales process should only be introduced in conjunction with the Regulatory Authority.
 
“Only by acting in a coherent and united fashion, can we introduce best practice into the profession. This is clearly an area which we will be taking up as a matter of priority with the new Authority,” he concluded.
 
Ends
 
12 May 2006
 
For further information contact:
Tim Ryan on 087 - 2471423