Keep in mind that the physical inspection is not so that the buyer can have a laundry list of items that they want repaired. It is a way for the buyer to discover the overall condition of the property. I advise my buyers that they should expect to have a property that is in good working condition, especially if they are paying full asking price. If they are paying below the asking price, then often the property will be sold “as is” and not many, if any, repairs will be made.
Thursday, February 26, 2009
The other reason for this walk
Keep in mind that the physical inspection is not so that the buyer can have a laundry list of items that they want repaired. It is a way for the buyer to discover the overall condition of the property. I advise my buyers that they should expect to have a property that is in good working condition, especially if they are paying full asking price. If they are paying below the asking price, then often the property will be sold “as is” and not many, if any, repairs will be made.
Image the mess if the
The purchase contract here in California stipulates that the buyer has the right to a final walk thru inspection within 5 days of the close of escrow. The purpose for this is to confirm that the property is in the same general condition as when the buyer wrote the offer.
In this case
Wednesday, February 25, 2009
just like he or she would pay any vendor
Matt: I heard you say something about a virtual assistant being professionally trained in the skill of drafting bankruptcy petitions. Where do they get their training — from the paralegal who sold The Lawyer Assistant?
Dennis: Yes, her company is 713Training.Com and you can review all the training materials Victoria Ring developed at http://www.713training.com. Victoria now dedicates all her time and efforts to training this high level skill and the number of professionally trained virtual bankruptcy assistants is growing every day.
Matt: One more thing — do you know of any problems people have had hiring virtual assistants?
Dennis: Yes. Like anything else — nothing is perfect. One attorney told me he hired a virtual assistant, sent her five petitions to draft and she went on
Virtual assistants
to electronic court records to conduct criminal record searches to
ensure there are no additional debts the client has not revealed.
Virtual assistants are paid like any other vendor.
They never share fees and work under the sole discretion
of the attorney just like your office staff.
Matt: Of course not.
Dennis: A virtual assistant is just like any employee that works at your law firm. The only difference is that a virtual assistant does the same job except at a separate location and communicates via the internet.
In fact, I spoke with several Trustees who told me the issue of "sharing fees" normally relates to people who find clients for the attorney and are paid a commission for each new client they get. It is illegal to attempt or force to attempt someone to make the decision to file bankruptcy. "Head hunters" (as they are known) will use any sales tactic they can to get clients for the attorney since they receive a commission for each one.
Virtual assistants (just like your employees) play no role in obtaining clients for attorneys. Therefore, the attorney is never "sharing fees" with the virtual assistant. Instead, the attorney pays the virtual assistant
Monday, February 23, 2009
7. There was no additional office equipment to
buy or maintain. This is a big savings for businesses
who utilize virtual assistants. Also, virtual assistants are
responsible for the expense of their equipment failure
or software upgrades so the business owner never has
to worry about these overhead costs.
I converted the mother-in-law suite at my home into an office,
hired three virtual assistants and operate my entire bankruptcy
and divorce law practice from my home. I immediately saved
$3,500 per month in overhead costs.
Page43
wanting to have an exclusive telephone line where the
virtual assistant answered the phone with the business
owner's company name — a second cell phone or
telephone line was installed at the virtual assistant's
office. This way, the virtual assistant knew that when
this particular phone rang, they were to answer it
something like: "Brown, Jones and Campbell (or
whatever)." But for some smaller companies who
simply forwarded their company phones to the virtual
assistant, the virtual assistant answered the phone
with a greeting like: "Hello, this is Beth. May I help
you?" This generic greeting worked well for some
business owners and no additional expense of a
second cell phone or telephone line was necessary.
Virtual assistants often have obtained a higher level of
education before starting their businesses. This provides
attorneys with highly educated assistants at a lower cost
compared to hiring an onsite paralegal with a college degree.
How to Increase Profits for Your Law Firm
written by http://www.713training.com
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