Property comparison sites have been a big thing for quite some time now and they have been a source of inquiry for most people out there. They think that by doing so they can end up with a better deal for their property which is not the case and the exact opposite thing happens in reality. These sites call up customers asking for the details of the property and the evaluation details. They then hand this over to the different selling agencies who investigate on the issue and start offering the customer with the highest possible rates and almost forcefully convince them that it is the rate available on the market at the moment. This is the main strategy behind enquiring about the different properties. This raised an alarm among many owners and dealers who soon came to know that these are a source of misleading them.
Do not hand over personal information related to your property to anyone
An insider of these comparison websites told the consumers that the information is sold to the different agencies for high prices as much as 100 pounds. So, you can understand how big this business has become in recent years. So recently all owners and property dealers have warned people against sharing any such information.
Comparison sites make you believe that they are actually financial advisors
The comparison sites are so efficient that they make you believe that they are advisors and will help you get a better price than what you are getting and will come up with all possible measures to make you believe that they are genuine. Whatever the company says just do not trust them at any cost. Once you have given them your details you will receive calls from various sites to offer you different quotes from lenders and buyers whose identity is often not disclosed. Some even charge an admission fee in order to process the dealing process further.
Advisers explain deals and loans on offer in order to convince the customer
This is another great way to mislead people. they advise you to choose loans and other deals which are on offer at that moment. This is one of the greatest ways to fool customers. Make sure you calculate the loan you take at a discounted price and the duration of the loan. This is where the mystery lies. The duration will cost you as much as other loans or even slightly more. So, don’t be fooled by anything of that sort.
Thus, this industry has become a huge business these days and whenever the advisor companies call you up next time to offer exciting offers make sure you know that you cannot fall in their trap. Rarely any of these advisors offer you a true deal and it is better you avoid such expectation especially because of the present market conditions as at this moment a very few genuine service providers are available.