Buy Sell Love Durham

Connection, Empathy and Change in Real Estate

Forty Years In: What Really Kills a Deal and What Saves It

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Buy Sell Love Durham featured blog image showing two side-by-side Buy Sell Love Durham Sold Signs

I had the good fortune to sell a home this past weekend. I was representing the Seller, and early in the process they shared a concern that had been weighing on them. Years ago, there had been a small foundation leak that was repaired. Their worry was simple: would this cause a Buyer to hesitate?

It’s a fair question. And one that got me thinking about the difference between what quietly derails a transaction and what actually helps move it forward. After four decades in this business, certain patterns show up again and again.

Let’s start with that water issue.

When I learned about the repair, I asked for any documentation the Seller had. They were able to provide a receipt and warranty details. The repair itself was minor, just over $600, but the real value wasn’t in the cost, it was in the clarity. By sharing that information upfront, Buyers didn’t have to discover it later during an inspection. It removed the element of surprise, which is often what creates doubt in the first place.

A similar dynamic shows up with financing.

When reviewing offers, I’ve found it helpful to ask for lender pre-approval when there’s a financing condition included. You might assume this is standard practice, but in many cases it isn’t. Buyers sometimes submit offers without a clear understanding of what they can comfortably afford. When asked to provide supporting documentation, there’s often very little to show. It doesn’t mean they aren’t serious, but it can introduce uncertainty at a stage where confidence matters.

Rental items are another example where clarity changes the tone of a deal.

Occasionally, things like furnaces or air conditioners turn out to be rentals, and that only comes to light after an offer is written. When that information is shared in advance, Buyers can factor it into their decision making from the start. It keeps the process straightforward, rather than reactive.

The same principle applies to property-specific details like zoning.

Not long ago, I was working with a Buyer who submitted an offer on a property. During negotiations, it came to light that part of the land was within a flood plain, along with a surrounding buffer where improvements weren’t permitted. It was something we were able to verify with the municipality, but having that information earlier would have shaped the conversation very differently.

On the other side of the equation, there are moments that help save a deal.

In one case, a Buyer requested an original survey with a surveyor’s signature. While not unusual on the surface, the wording meant the Seller would need to commission a brand new survey, at a cost of roughly $2,000. After speaking with the cooperating agent, we realized the clause had been suggested as a standard inclusion. Together, we adjusted it to allow the Seller to provide the existing survey they already had. A small shift, but one that kept things moving.

Another situation that comes up from time to time is the Buyer who wants to test the waters with a lower offer.

Rather than putting something in writing that might immediately create tension, I’ve found it can be helpful to have a conversation first. A quick call between agents to explore where each side stands often leads to a more productive negotiation. It allows everyone to understand the landscape before formal positions are taken.

Across all of these situations, there’s a common thread.

Information, when shared early and clearly, tends to simplify things. It gives Buyers the ability to make informed decisions and allows Sellers to present their property with confidence. It doesn’t eliminate negotiation, but it does reduce unnecessary friction.

There’s a phrase I came across early in my career that has stayed with me: when in doubt, disclose.

In practice, that approach tends to create smoother transactions, fewer surprises, and a process that feels more collaborative than adversarial.

And in a business where so much can feel uncertain, that consistency goes a long way.

If you are considering a move and would like a trusted advisor on your side I can be reached at lindsay@buyselllove.ca or 905-743-5555

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