38 Merrion Square
IE- Dublin 2

Tel: +351 6611794
Fax: +351 6611797

President: Peter Tuohy
Senoir Vice-President: James O'Hallora
Junior Vce-President:
Chief Executive: Alan Cooke
Secretariat: 10 staff

Number of direct members: 2.029

Number of qualified valuers -primary actuvity- (individuals): 200

Number of Real Estate agents -primary activity- (individuals): 1.589

Number of student members: 240

Number of valuation companies:

Member of TEGoVA since:

Category of membership: Full

Paul Good

Tel & Fax: +353 5991 55853

The IAVI was established in the same year as the Republic of Ireland, with its registration as a company in 1922 and has served the interests of its members and the public alike.

The IAVI (Irish Auctioneers & Valuers Institute) is there to represent the property profession in Ireland. Its role is to serve the interests of its members and the profession generally, as well as to safeguard those of the public, interacting between the groups to the benefit of both.

Education. The IAVI is dedicated to furthering educational standards within the profession, thereby ensuring that fully qualified professionals practice with the top level of expertise and the highest standard of ethics demanded of IAVI members. These high standards have now culminated in the new IAVI Direct Final programme, which constitutes a four-year part-time Honours BSc Programme in Property Studies. This degree programme has been fully developed and is fully administered by the IAVI. Uniquely, however, it operates under a partnership arrangement with DIT, Bolton Street which ensures that the highest standards apply throughout and awards the degree to graduates. The IAVI continues to offer a one-year course in Residential and Land Agency designed for employees who will be involved in residential sales and valuations only.

The Institute's Continuing Professional Development Programme is the envy of many. Regular excellent lecture programmes are scheduled at headquarters and around the country, with most of those held at headquarters being professionally videotaped and made available to our Regional Councils and to the colleges that run IAVI-approved academic courses.

Lobbying. As part of its role, the Institute provides the widest possible range of public services and creates a more fully informed awareness of the property industry. The IAVI plays an important role as a lobbyist for the benefit of both the public and the profession.

Public Affairs. The IAVI has, since it's establishment in 1922, been to the forefront in formulating legislation to protect the public. It played an important role in the enactment of the principal Act (the Auctioneers and House Agents Act, 1947) which is still the legislation under which the profession operates. The subsequent Acts of 1967 and l973 replaced certain sections of the original Act, principally those sections relating to deposits, the proper maintenance of client accounts and fees. However, one of the main failures of this legislation is the fact that there is no requirement for educational standards or, indeed, any experience in the profession, prior to the granting of a licence to carry on the business of a house agent or auctioneer. One of the goals of the IAVI has always been the introduction and enforcement of proper standards of education throughout the entire profession.

Another shortcoming of the legislation is the requirement of a Bond of |EUR| 12,697 (introduced in the 1973 Act) which is completely inadequate in the present day. The legislation needs to be completely revamped to take account of modern selling methods such as internet auctions, the selling of overseas property by Irish based firms and the operation of foreign based companies offering property to the Irish market.

The up and coming Review of the profession by the Department of Justice, Equality and Law Reform will afford the IAVI an opportunity it has long desired to participate in a meaningful way in ensuring that future legislation will properly protect the public and the profession alike.

Voluntary Copensation Fund. In 1977 the IAVI established a voluntary compensation fund, which now offers extra protection to the public paying deposits on real property transactions in Ireland to an IAVI Member Firm. The Fund is supplementary to the standard amount of the |EUR|12,697 statutory bond required by all licensed auctioneers. The fund provides cover for up to |EUR| 63,487 in the case of each claim with a cap of |EUR| 190,460 in total per IAVI Member Firm. This represents 15 times the High Court Bond required by legislation.

Member Firm Status. IAVI Member Firm Status is generally available to practices where at least 51% of beneficial ownership is held by full individual IAVI members. Member Firms must carry current Professional Indemnity cover and produce a current licence to appear in the Member Firm section of the Membership Directory published annually by the Institute.

Networking. The IAVI is a member of:

* The International Consortium of Real Estate Associations
* FIABCI - The International Real Estate Federation
* EPAG - The European Property Agents Group, and through it CEPI
* IVSC - The International Valuation Standards Committee
* TEGoVA - The European Group of Valuers Associations

The IAVI has a bi-lateral co-operation agreement in place with the National Association of Realtors ( NAR ) in the United States and is twinned with the Chicago Board of Realtors under that agreement.

* Education
* Professional Standards
* Legislation
* Benvolent Fund
* Compensation Fund

To be completed soon

* Real Estate Agents
* Auctionneers

A quarterly magazine is published by the IAVI under the title of The Property Valuer.

The IAVI Practice Handbook is the 'bible' of every Institute member. The handbook is a valuable reference manual of information on all aspects of the business and is updated regularly. The handbook is not available to the public.


The Institute annually publishes the Yearbook and Diary which is distributed to all members.

To be completed soon