IPAV, the Institute of Professional Auctioneers & Valuers, said today that its chief executive Pat Davitt has signalled his intention to step down from the role at the end of the year.
Mr Davitt has been IPAV CEO for almost ten years, leading and representing the institute at national, European and wider levels.
"Auctioneers, valuers and estate agents play a crucial role in the lives of consumers and businesses throughout the country," Mr Davitt said.
"IPAV has been instrumental in growing standards in the profession and I would like to think that I have given strong leadership in that regard," he said.
Mr Davitt said over the past decade IPAV has grown into the truly national voice of auctioneers and valuers in Ireland, its membership has more than doubled, as has its education and training programmes for members and aspiring auctioneers.
During his term Pat oversaw many major initiatives, including the introduction of The "Blue Book" European valuation standards to Ireland in 2013, the introduction of IPAV's first ever Bill, the Seller's Legal Pack for Property Buyers Bill 2021, to the Oireachtas, and the setting up of a cross party Oireachtas Committee on Housing.
Gerry Coffey, IPAV President, said Mr Davitt has given remarkable leadership with great passion over the years.
"He has shown real vision and ambition for the organisation, has made an enormous contribution to IPAV and the Auctioneering and Valuation professions nationally and we extend our thanks to him for his very significant contribution," Mr Coffey said.
Mr Coffey said Pat Davitt has agreed to serve in the role of CEO until a successor is appointed.