Property for sale: Watch out for one common estate agent trick to avoid paying more

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Moving property is a stressful experience but estate agents will often make the process easier. Experts have shared the common advice you should watch out for to get the best deal.

Many Britons are spending more time in their property than even as they continue to work from home.

This has forced homeowners to think about what they really need from their house.

With the demand for home offices and gardens increasing, some people will be looking to move home.

Hiring an estate agent can be a great place to start whether buying or selling a property.

The professionals are full of great advice to make the process as simple as possible.

While they are often full of useful advice, this is not always the case, property experts explained.

Experts at We Buy Any House told Britons should be wary of buyer incentives.

They said: “Many estate agents will have offers to encourage you to give them your business, such as discounts for using in-house mortgage brokers or conveyancing services.

“Sometimes these can be easier, but it’s important to remember that the saving you’re getting may get added on somewhere else.”

Savings that are offered initially could potentially be charged in other ways later in the process.

Shopping around for mortgage brokers will also give buyers the chance to find the right one for them.

They continued: “Going through an in-house mortgage advisor limits your ability to shop around for a better rate, meaning you could be paying more in the long run.”

If selling a property, homeowners can also avoid losing out by knowing what they are looking for.

“Estate agents are a business for a reason,” the experts continued.

“Don’t agree to anything until you know all of the details and outcomes.

“Estate agents are salespeople and whilst they may be very charismatic, you want to make sure that the money that they’re getting from you is on your terms, not theirs.”

Reading all of the terms and conditions can ensure sellers get what they want from their homes.

They added: “Reading the fine print of all agreements before signing is crucial.

“Checking reviews from previous sellers that used the same estate agents can reveal a lot about the company that you may not be aware of at first.”

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