How do some real estate lawyers destroy the deal?
Whether you are a homeowner looking to sell your home, or a qualified potential buyer looking to purchase one, it is important to realize that this period of time is often emotionally stressful. The combination of family memories and fear of the unknown, as well as the desire to get the best possible price and conditions, are the keys to selling. Having the certainty that the home will meet your needs, goals and priorities, and never being certain that you have negotiated the best terms and prices, and hoping that your family will enjoy the area, location and specific home is right, for you , is what most buyers lose sleep over. While the real estate attorney you choose should represent your best interests and protect you, in the entirety of this transaction, there is a fine line between doing so and destroying any meeting of the – minds! With that in mind, this article will briefly attempt to consider, examine, review and discuss, using the mnemonic approach, what this means and why it is important.
1. Divide; demands; destroy; delusional difficult: It is possible to do the best you can, without proceeding, by making things more difficult than necessary! Often times, we come across attorneys who seem somewhat delusional, making lawsuits, etc., which makes any potential settlement even more challenging. Rather than trying to divide and polarize everyone would normally be easier, when / yes, the priority was to protect the customer, without destroying any potential deals! There are usual requirements, in a real estate contract, but when lawyers demand extreme terms, it often kills the transaction!
two. Evaluations; estimate: It is important to realize and recognize that attorneys are generally not experts when it comes to estimating valuations. However, when they make statements etc, articulating an unrealistic estimate of valuations etc, it often makes the deal go away!
3. Attitude; fitness; attention; behaviour: While one’s attorney must protect you, your investment, etc., clients benefit when an attorney proceeds with a positive can-do attitude, rather than one that focuses on negativity. In general, it is advisable to use specialists in real estate law, rather than one who has a different specialty, because their familiarity and applicable aptitude allows them to focus their attention, where it could be most beneficial. Observe one’s actions, and how cooperative it is, to achieve a well-thought-out meeting of minds, rather than ending, killing, the deal!
Four. Louse – that – up; lose offers: Many potential sales die because a lawyer, lice, when making a challenging transaction, more difficult to control!
Most believe that you need a real estate attorney, who focuses on obtaining the NEGOTIATE done, while protecting your client’s interests. When the time comes, choose yours, wisely and carefully.