We take on a small number of searches at a time. An explanation of the arithmetic behind that, and what it means for the houses we hold.
We are asked fairly often why we do not take on more searches. The answer is arithmetic rather than principle.
The arithmetic
A search that is being done properly takes an advisor about a day a week: calls to owners who are not selling, visits to houses that turn out to be wrong, and the slow work of being remembered by the people who hear things first. Multiply that by more than a handful of clients and the quality of the first part collapses.
What it means for you
It means we occasionally decline a search, usually because we are already acting for someone with a near-identical brief in the same market. Acting for two buyers who want the same house is a conflict we would rather not manage cleverly.
It also means the register is short. Six houses is not a shortage of ambition. It is what six markets produce when you are genuinely selective.
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