If you've made an error of judgment, it's painful. It's expensive. You've flushed away the best part of £1,000. It can sometimes take months before the effects of the 'poison' are felt. No viewings, no communication from the 'expert'. Back to square one. Or, you've sold your home for less than a premium price. "Was it really that easy? The buyers made us an offer at the asking price. We saved thousands by not using a high-street agency." Everything seems fine. Until the neighbours, with identical specifications, got £10,000 more for their home. Just a month later. If you're going to drink from the poisoned chalice, be prepared. It's not life-threatening, but it doesn't feel so good after the first sip. The traditional high-street agency is not without fault. They, too, can persuade you to drink from the chalice. Especially when it comes to a deliberately inflated valuation. But, you have to feel some compassion for these agents. Incapable of winning your trust by fair means, they resort to trickery and false hope. Eventually, they hope to persuade you to lower the asking price. But, unlike the 'local property expert', these agents have not been paid regardless of the result. It's more annoying that you got fooled by these agencies and wasted time. But the option to walk away is still there. A narrow escape. Many drank the Kool-Aid and never recovered.