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Vendors - not hip to HIP providers
Property sellers are being urged to shop around after it was revealed home information packs (HIPs) from estate agents can cost almost 50 per cent more than those bought directly from a specialist.
The research is courtesy of Which?, and shows some vendors paying as much as £300 more than necessary for what is an essentially pointless piece of paper anyway. The difference between a cheap-as-cheaps HIP and a platinum-plated fur-lined HIP on a three bedroom semi was the difference between £413 and £189. Either would do the trick (allow you to market your house to a buyer who will ignore the HIP completely). The message? Shop around for the best deal.
Technorati Tags: property, real estate Comments
Thanks for posting about this - I didn't realise the differences between estate agent prices and HIP supplier prices were so vast! I read a while ago that HIP suppliers have a far greater buying power, and that's why they're able to offer a better price. Wouldn't be surprised if estate agents marked their HIPs up if they think they have a captive audience too.
http://www.bethemiddleman.com
Posted by Zoe from Bethemiddleman.com at
August 18, 2009 7:59 PM
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Posted by Homesonsale at
August 19, 2009 3:30 PM
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You'd have to be mad to buy from the agent, HIP providers are sending themselves to the wall trying to be the cheapest. The agents are making far more money from selling them on than the HIP providers are from producing them.
http://www.movegreener.co.uk/
Posted by Jon at
October 4, 2009 9:19 AM
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