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Advocate Dreyer

May 30, 2022

Law

4 Ways Business Lawyers Can Help You

by Eelis Hoikkanen on

Owning a business of any size requires the business owner to direct their efforts across multiple areas simultaneously. In most cases, it’s simply impossible for business owners to keep up with everything their business throws at them. This is especially true when complex legal issues arise, such as employee disputes, building code violations and other complications within the business itself.

Business lawyers in Melbourne aim to alleviate some of this stress by helping business owners navigate complex business affairs. This article will detail four ways a business lawyer could help you in your business.

H2: Product/Consumer Disputes

No matter how much care is taken at every stage of delivering the product your business sells, sometimes things just go wrong and a consumer may launch a dispute against your business as a result. In a cafe or restaurant business, this could range from a customer experiencing an allergic reaction to an illness as a result of consuming your food products. If you sell other products with moving parts, this could be a manufacturing fault that causes bodily harm to the consumer.

When such disputes are raised, business lawyers in Melbourne can advise on the best way for you to respond as well as help you go through the processes of detecting where the fault in your product occurred and rectifying it immediately to prevent future legal issues. Having a business lawyer on hand to answer any questions you have as well as mitigate the damage a customer complaint could do to your business will go a long way to reducing your stress and getting your business up and running again sooner.

H2: Employment Disputes

One of the most common types of disputes business lawyers in Melbourne deal with are employment disputes. These disputes can be raised by either an employee of a business or the employer themselves. Although business law and employment law are separate fields, there is a lot of overlap between them, therefore most business lawyers are well versed in employment law and can help business owners respond to these types of disputes competently and appropriately. Business lawyers are often the first point of legal contact when a dispute is raised in relation to unfair business practices or if an employee has committed a violation of their contract.

Small and medium-sized businesses often juggle a mix of contracts, such as permanent, casual and fixed-term contracts. Business lawyers in Melbourne can help you verify that all obligations stated in these contracts are being met by both the employer and employee and ensure that if a dispute is raised against you by an employee, it can be dealt with promptly and fairly.

H2: Purchase or Sale of a Business

Business lawyers in Melbourne can help you initiate either the process of selling your business or the process of purchasing someone else’s business. It’s usually recommended to hire a lawyer or business solicitor as soon as you’re ready to sell or buy a business, as this will guarantee a smooth process for all involved in the transaction.

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Law

Buyer’s Agents and their Functions

by Clare Louise on

A buyer’s agent is a real estate professional who can guide a buyer through the process of purchasing a home. Being a representative of purchasers in real estate transactions, a Buyer’s agent has a legal obligation to protect the interest of the buyer. They work to make sure that they are getting the best deal possible. Even though some real estate agents specialise in working with buyers, most agents work as buyer’s agents or listing agents depending on the specific transaction.

If you are looking for a buyer agent Melbourne, you have come to the right place. Check out the website of wakelin.com.au to get the services of various real estate professionals like Buyer’s agents, vendor’s agents and property advocate Melbourne.

Functions of a Buyer’s agent

A real estate professional that is a buyer’s agent is fully responsible for acting as a resource for their clients by guiding them through each step of the home buying process. A buyer’s agent should be able to handle the following tasks:

  •       Finding listings: The Buyer’s agent would ask about their preferences and needs to decide on the ideal home concept of the client. They would then make use of that information to begin looking for appropriate properties. Once new listings enter the market, the agent would send the buyer any properties that would match their needs.
  •       Scheduling showings: The buyers would look into the listings the agent sends them and pick out the right ones they would like to view in person. The agent would then coordinate with listing agents and schedule a time for the buyers to tour the property. The buyer’s agent would also inform buyers regarding any open houses that they might be interested in viewing.
  •       Asking and answering questions: The buyer’s agent would typically go with buyers to showings and particularly interesting open houses. While the buyers are taking a tour of the property, the buyer’s agent would be present to answer any of the queries and to provide thoughts regarding the property based on their expertise. The buyer’s agent would also ask the listing agent various questions the buyers might not know and gain more insight into the sellers’ circumstances, taxes, property conditions and so on.
  •       Pricing consultation: Once the buyers find a property they are interested in, the buyer’s agent would ask the listing agent if there are any disclosures on the property which might affect the desirability or pricing of the home. The agent would then proceed with a comparative market analysis to decide on an appropriate offering price for the property based on a similar property which was sold out recently in the area. The agent would then recommend that the buyer should make a particular offer based on the analysis and specifics of the property.
  •       Negotiating with a listing agent: After making an offer on the behalf of the buyer, the buyer’s agent would negotiate the terms and price. The agent would inform the buyers regarding the counteroffer made by the seller and would consult them on whether to accept it or amend the same. The buyer’s agent would also inform the clients regarding various possible ways to make their offer more competitive. As soon as an offer is accepted by the seller, the buyer’s agent would work to draft the contracts.
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