Given that it is currently a seller’s market, many corporate agents are allegedly using people’s eagerness to buy and the sheer strength of demand in the market to sell in-house advice.
A growing number of independent mortgage brokers have expressed concerns in recent weeks to skyrocketing conditional selling practices at certain corporate estate agencies, most notably Connells – it is claimed.
The negotiators at these agencies are accused of essentially intimating to prospective buyers that their offers to purchase a property will not be put forward for consideration to the seller unless they agree to additional in-house services offered, such as mortgage advice or legal services.
Read the full article on Property Industry Eye | MARCH 2, 2022 | MARC DA SILVA
Estate Agents
Comments