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Homebuyers 'don't want to deal with estate agents'
The vast majority of homebuyers do not trust estate agents to give a fair valuation of properties, according to a new survey.
Which? discovered that an overwhelming 94 per cent of buyers think that estate agents deliberately overvalue homes.
In addition, the company's survey revealed that 70 per cent of buyers believe estate agents make up false offers in order to bump up their commission.
As a result, many buyers are choosing to use homefinders when they come to look for a new house, as they consider them more trustworthy then the average estate agent.
According to Which?, around a fifth of people did not use an estate agent last time they purchased a property and spokeswoman Louise Restell said that homefinders "could be the future for many home-movers".
M.J.Kenny, chief executive officer of Reading-based homefinder You Want A Home, agreed with Ms Restell, commenting: "For some time now our clients have been telling us they don't want to deal with estate agents as they feel they are misguided, provided with false information and pushed into spending money they don't need to."
The CEO added that the company's employees have strong ethics, are 100 per cent objective, and are able to get the best from vendors, estate agents and property companies.
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