client control

[NotCranky]

You all might be surprised how often client control is a positive thing. When often times “buyers are liers and sellers are worse”, there are some things that need to be done to save clients from themselves. I am sure the Realtors have some stories.

Seller puts on TDS that the roof is 2 year old when she has lived in the house for 15 and never changed it. Buyer wants to induce 90ish neighbor woman to sell at a way under market price with false comps.

[davelj]

[quote=Russell]You all might be surprised how often client control is a positive thing. When often times “buyers are liers and sellers are worse”, there are some things that need to be done to save clients from themselves. I am sure the Realtors have some stories.
[/quote]

Agreed. Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”

[davelj]

[quote=Russell]You all might be surprised how often client control is a positive thing. When often times “buyers are liers and sellers are worse”, there are some things that need to be done to save clients from themselves. I am sure the Realtors have some stories.
[/quote]

Agreed. Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”

[davelj]

[quote=Russell]You all might be surprised how often client control is a positive thing. When often times “buyers are liers and sellers are worse”, there are some things that need to be done to save clients from themselves. I am sure the Realtors have some stories.
[/quote]

Agreed. Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”

[davelj]

[quote=Russell]You all might be surprised how often client control is a positive thing. When often times “buyers are liers and sellers are worse”, there are some things that need to be done to save clients from themselves. I am sure the Realtors have some stories.
[/quote]

Agreed. Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”

[davelj]

[quote=Russell]You all might be surprised how often client control is a positive thing. When often times “buyers are liers and sellers are worse”, there are some things that need to be done to save clients from themselves. I am sure the Realtors have some stories.
[/quote]

Agreed. Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”

[bearishgurl]

[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)

You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)

FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.

I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”

I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!

He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.

[bearishgurl]

[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)

You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)

FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.

I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”

I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!

He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.

[bearishgurl]

[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)

You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)

FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.

I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”

I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!

He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.

[bearishgurl]

[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)

You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)

FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.

I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”

I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!

He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.

[bearishgurl]

[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)

You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)

FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.

I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”

I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!

He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.

[sdrealtor]

When I get a chance I will post more but yes client control is important and not a bad thing. RE transactions involve legal documents and clients often will run amok unless you keep them appraised of their responsibilities as well as their rights. Client control does not or should mean pursuading them to do things against their best interests but rather educating them on how to act in their own best interests.

[sdrealtor]

When I get a chance I will post more but yes client control is important and not a bad thing. RE transactions involve legal documents and clients often will run amok unless you keep them appraised of their responsibilities as well as their rights. Client control does not or should mean pursuading them to do things against their best interests but rather educating them on how to act in their own best interests.

[sdrealtor]

When I get a chance I will post more but yes client control is important and not a bad thing. RE transactions involve legal documents and clients often will run amok unless you keep them appraised of their responsibilities as well as their rights. Client control does not or should mean pursuading them to do things against their best interests but rather educating them on how to act in their own best interests.

[sdrealtor]

When I get a chance I will post more but yes client control is important and not a bad thing. RE transactions involve legal documents and clients often will run amok unless you keep them appraised of their responsibilities as well as their rights. Client control does not or should mean pursuading them to do things against their best interests but rather educating them on how to act in their own best interests.

[Author]

Posts