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Gregory L. Wasserman
Real Estate & Business Counsel
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Law Offices of
Gregory L. Wasserman
Real Estate & Business Counsel
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Attorney Profile
Real Estate Law
Business Law
Experience
Consulting
Brokerage
Contact
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Integrity Judgment Foresight Experience
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BUY-SIDE BROKERAGE SERVICES
In addition to be a highly experienced transactional real estate attorney, Greg Wasserman is a
licensed real estate broker in the State of California (License No. 01193509). If you have
identified a residential or investment property for potential acquisition, and the seller is
responsible for the payment of a market-rate cooperating broker commission to the buyer's
broker (which is typical for property listed on the MLS or on other internet listing services), you
might consider utilizing Mr. Wasserman as both your attorney and broker for the underlying
transaction.
If Mr. Wasserman is both your attorney and broker of record, then in addition to the requisite
brokerage services, he will provide the acquisition related legal services for the underlying
transaction, subject to the terms of your Representation Agreement, at his success fee billing
rate. Such legal services may include the preparation and negotiation of your offer, the
finalization and administration of the purchase contract, the preparation and negotiation of any
amendments to the purchase contract, title review and assessment, assistance with your loan
application and related documentation, assistance with your title policy and general closing
administration.
In the event the underlying transaction closes, and Mr. Wasserman is entitled to and receives
the buy-side brokerage commission from the seller, the brokerage commission paid to Mr.
Wasserman by the seller will offset any legal fees (but not costs, if any) that you would
otherwise owe to Mr. Wasserman, on a dollar for dollar basis. As a result, no legal fees will be
due and owing to Mr. Wasserman if the buy-side brokerage fee paid to Mr. Wasserman exceeds
the amount of the legal fees otherwise billable by Mr. Wasserman with respect to the underlying
transaction. This is a typical and likely scenario. Additionally, if the transaction does not close, Mr.
Wasserman will discount the legal fees owing by the standard 25% in connection with the dead
deal discount. Any impact to the attorney-client privilege, and any potential conflicts of interest
associated with this arrangement, must be approved by you in writing on an informed consent
basis. Such matters will be discussed with you and also set forth in reasonable detail in your
Representation Agreement.
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Law Offices of Gregory L. Wasserman : 700 Larkspur Landing Circle, Suite 199 : Larkspur, CA 94939
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Phone: 415-459-4997 : Fax: 415-373-4507
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© 2008 All Rights Reserved : Privacy Policy
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The existence of this website is not intended to create an attorney-client relationship between Gregory L. Wasserman and any person or entity solely as a result of such person or entity visiting this
website and reviewing the content and information included herein. Any information included in this website is not intended to constitute legal advice and should not be construed as such.
Additionally, the preliminary inquiry, communication or submittal of information through this website or the contact information included herein will not, in itself, create an attorney-client relationship
between the inquiring, communicating or submitting party and Gregory L. Wasserman.
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