Who You Gonna Call?

The real estate industry relies on a wide range of expertise.  We are all aware of the roles of real estate professionals such as leasing agents, acquisition experts and others.  We also are familiar with the role of the lawyer in closing transactions and advising investors on the legal issues pertinent to proposed deals.
Any particular transaction, though, might call on others’ talents and experience.  In certain situations, environmental consultants might have to investigate and resolve scientific issues regarding possible contamination, remediation and cleanup of a property with a “checkered” history.  Particularly in the context of disputes and litigation involving real estate, the need for various talents often arises suddenly and unexpectedly.  When that need does arise, the time constraints and other demands of the dispute-resolution process or the litigation often pose additional challenges.  Locating the needed expertise can take time, and that urgency can lead to errors in identifying or selecting the needed expertise.
Having access to a network of experts in fields that could be relevant to any transaction or dispute that might arise, even when that need has not yet crystallized, as it can enable you to identify and select the right person or firm much more quickly.  By “front-end loading” your efforts and assembling such a network, you can render much more efficient and targeted assistance to your real estate clients.
You can do so even more effectively and quickly by tapping into an existing network of professionals.  Even if that existing network doesn’t include every possible expertise that could become important in future efforts, it might include many who would be able to point you in the right direction of the needed assistance.
The Legal Resource Network Inc. constitutes such a resource.  That network’s members, who are attorneys and accountants and representatives of other firms that serve the legal community, both in-house and external, have established relationships among themselves.  Because each member has relationships with other experts outside the Legal Resource Network, its reach extends beyond its membership rolls.  Members’ familiarity with each other enables them to reach out to each other for recommendations and provide access to a broader array of expertise quickly and reliably.
Through frequent online meetings of its membership, its website and periodic webinars that it creates for those members and their invitees, the Legal Resource Network enables its members to learn about and become familiar with each other’s capabilities and expertise.  That, in turn, allows those members to reach a comfort level regarding the others’ ability to serve clients’ interests in ways that benefit those clients and, in turn, the referring members.
Information about the Legal Resource Network Inc. and a description of membership and the benefits of membership can be found at Legal Resource Network Inc - Home (wildapricot.org).