In the Press

60% of Britons admit to looking up house prices of friends, colleagues and lovers

Nearly 60 per cent of Britons have tried to find out how much people they know spent on their latest property purchase, new figures have revealed.

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Format Online
Read time 1 min read

New figures have revealed that 6 in 10 Britons admit to looking up the prices of their friends, colleagues and lovers’ houses – and a quarter have even broke up with their partners over it.

Reflecting on these revelations in This Is Money, Black Brick’s Founder and Managing Partner, Camilla Dell shared how it was her experience, as a buying agent, that “people always want to know what others have paid for a property”.

She continued by explaining how buying agencies like Black Brick will go to great lengths to help clients find out what other people paid for a property they’re interested in.

“Before we submit an offer on a property, we always do a comprehensive “buying report” for our clients. Within the report we highlight relevant comparable sales. It’s all about the price per square foot – the price paid divided by the internal square footage. This gives our clients a pretty good idea if the price they are paying is reasonable or not, and also aids us with our negotiations.”

Read more in the full article here.