A Little Knowledge is a Dangerous Thing......

"A little knowledge is a dangerous thing", you have heard ever so often. Worse, is when the person with the little knowledge chooses to open his mouth! The world soon knows he is blatantly ignorant! My papa always reminded us that it is best we keep our mouth shut if we are unsure of some things. "If you keep quiet, people will wonder and even think you are quite smart; blabber and the world will know how ignorant you are!"

The above phenomenom is particularly irksome to us property agents. How often has a buyer hesitated from closing a property deal of his heart's desire, because some relatives or friends chose to demonstrate their "knowledge". I had told a potential buyer that it would be futile for her to view my advertised unit since she was going to be away for a few days. "No problem, she assured me. I can make my own decision very fast; I don't have a husband to consult". Unfortunately she has 101 friends to consult. The most prominent one being a so-called smart investor friend who had made a killing in the market. "My investor friend said the unit is very expensive at $2.26M." Another buyer bought my client's unit at $2.28M, and today, two months later, units in the project are calling for $2.9M!

If only buyers would realise that property agents are the ones who could really understand and feel the pulse of the market. Yet, they would chose to trust the opinions of their friends, etc. It is always so easy to make comments without having to put money where the mouth is!

Hence, if a friend or a relative were to ask you about a particular property, it is best to advise him to consult a good friend or associates/colleagues who are sesoned property agents.

Gan Chau