Property for sale? Phil Spencer reveals estate agent trick you must avoid

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Property for sale? Phil Spencer reveals estate agent trick you must avoid 1

“Some agents have been known to quote a high initial asking price, in order to win your business, but will then urge you to start dropping the price soon after you’ve signed up.

“Getting several different valuations will give you a truer picture of the current market value of your home and what potential buyers are likely to pay for it, which will later help you judge whether to accept an offer.”

As well as doing research, homeowners should go with their gut when making a decision.

Phil told Express.co.uk: “It’s important that you trust your instincts. Look at what other similar properties in the area have sold for.

“When you do settle on an estate agent, be sure you aren’t tied into an exclusive marketing period for more than four to six weeks. Most of all, do your research and be realistic.”


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