Dispatch #021
The Cost of Withheld Mastery
When experienced agents keep their know-how to themselves, the cost does not stay inside the industry. It lands on the buyers and sellers who end up dealing with the agents nobody taught.
New agents start out as candidates working under the supervision of an experienced practitioner, and on paper that supervision is the training. In practice it can mean a signature in a logbook and very little else. A principal who is busy, or who sees every new agent as a future competitor, may hand over a pile of listings and a template, and leave the candidate to learn the hard parts by making mistakes on real families' homes.
Those mistakes look small when they happen. An offer to purchase where the bond condition has no clear date by which approval must be obtained, so nobody knows when the seller is free to accept another buyer. A sole mandate signed by a seller who did not understand that sole means exactly that. Either one can end in a cancelled sale or a complaint to the regulator.
Both could have been prevented by a short conversation with someone who already knew. The knowledge existed in the same office the whole time. It simply was never passed across the desk.