David Potter Halifax, Dartmouth and Area

Preferred Practice in Buyer Representation
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Let's Talk Real Estate...

Every day, something reminds me of how interesting (fascinating really...), and complex the real estate market can be. The items in this blog are from my day to day encounters with Buyers, Sellers, and other Realtors. As such they are not random, but they are also not presented or organized in a strict linear fashion.

These postings are largely general... if you are interested my comments and observations about the current, local market please write or call.

I'm pleased you've dropped by, I hope you find something here that provides some additional insight into the Real Estate Market. I appreciate comments, I welcome suggestions and I accept criticism without getting offended.

David Potter


Mismatched Expectations...

Just before Christmas I dropped in on an "Open House" another Agent/Company was holding. The agent is a very successful agent with several years experience who I know quite well. She is not only successful, she is a very good agent, an agent that I would choose to represent me if I had the requirement.

When I asked how things were going she said "Good". Agents often remind me of fishermen..., "Not much today, try over there (...Way over there)". She went on to add that she was carring a few more listings that she would like. I thought about her comment this morning while burning off Christmas calories at the gym.

The only reason. THE ONLY REASON an agent would say that is because the expectations of the property owner(s) and the agent are not in sync with the reality of the market. And the agent is not confident that the property owner is listening and trusts the agent well enough to do what needs to be done to sell the property.

"What needs to be done" might be making the house show better, removing distractions, making some improvement, or a price reduction. Whatever it is you can be sure that agent raised the matter with the property owner, and the owner didn't hear the message - or heard it and said "No".

Any good agent will raise the matter again.

If you don't trust your agent get a new agent, if you do have that trust, my advice is act on your agent's advice.

© 2007
David L. Potter

Next, "A Deer in the Headlights"

Published Friday, January 05, 2007 3:29 PM by David Potter
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