Adam Leitman Bailey, P.C. Provides Free Closings For All Employees
By: Nina Luppino
When joining the team at Adam Leitman Bailey, P.C. it is inevitable that one acquires the highest level of knowledge in real estate. The firm vigorously implements training, education, and a deep understanding of real estate throughout the day-to-day tasks of all employees. Amazingly in a firm of fewer than 50 employees, in 2017 the team at Adam Leitman Bailey, P.C. has performed 10 closings for employees both buying and selling homes (this means we’re either paying them to much money, the foreclosure department is providing tips on undervalued homes, or that our employees are simply good at saving money.)
In addition, one of our employees blames Adam Leitman Bailey for teaching her how to buy a home at the best price and how to use Adam’s book, Finding the Uncommon Deal, in her search to uncover her dream home. Three years later and she is now the owner of three homes, two of which she rents out. Television show, First Time Flippers, featured not only the home that she purchased, but also the construction that she performed with her family on one of the properties:
“I’ve been working with Adam Leitman Bailey since 2007. The firm’s culture at Adam Leitman Bailey, P.C. is very progressive and cooperative. If you work hard for Adam Leitman Bailey and the firm it’s recognized all around by receiving the best compensation and benefits. I act as the Brand Ambassador for the firm – I greet clients, screen and receive phone calls, and I help to keep the staff organized which all enhances a very smooth operation for employees and clients at the firm. It’s an inspiring work culture that motivates people to improve professionally and be the best that they can be. Our sole practice is real estate law and we only hire the greatest professional minds of the entire real estate industry. This means I’m always learning from the best, and since 2007 I’ve learned a lot about real estate. With this knowledge and from the advice and guidance from my peers at the firm I have become a real estate investor and I own three properties. My husband and I have recently been featured on the DIY network on the program First Time Flippers where we were fixing up a house. My passion is real estate so it really helps that I work for a firm that just specializes in real estate law and in one state and a city that I love so its very much helped me to progress in my real estate career. If I hadn’t had the opportunity of meeting Adam or had I not been employed by one of the greatest law firms in New York I don’t think I could have accomplished everything I’ve accomplished so far in my life professionally and personally.”Adam Leitman Bailey, P.C. Attorney
I took the time to interview Adam Leitman Bailey, P.C. employees on these purchases to gain further insight on their experiences:
“As someone who has purchased and sold residences before, it was clear to see how the Adam Leitman Bailey, P.C. team worked to make sure my transactions ran smoothly and efficiently. They always had good thoughts to overcome any problem that we faced and used creative ideas to work the financing of both of my deals in a way that would maximize income and money saved.” Adam Leitman Bailey, P.C. Attorney
“Having only practiced New York law I was unfamiliar with New Jersey standards when buying or selling real estate, so the firm was incredibly helpful when it came time for attorney review for the contract to purchase a condominium apartment in New Jersey. At one point throughout the transaction, there was reluctance on the sellers side once hearing that I was using my co-worker as my broker- the seller was concerned that the unfamiliarity with New Jersey law would hinder the transaction and make my broker more difficult to work with. Adam Leitman Bailey, P.C. proved this seller wrong- my attorney not only conducted due diligence in making sure there were no discrepancies in understanding New Jersey law, but went so far as to repair the credit of the transaction for certain appliances within the condo. Most importantly, my co-worker helped with aspects of the transaction that confirmed my already understanding towards the related area. The firm made the transaction run as smooth as possible.” Adam Leitman Bailey, P.C. Attorney
“When first starting at Adam Leitman Bailey, P.C. I worked closely with Rosie who handled the lender side of deals. I was able to gain knowledge on the lender side of transactional business, learning exactly what a lender expects from a client. Eventually, I began working with Andrew Jorges and upon doing so I became educated on what is needed to buy a home, how to conduct proper research, how to discover the perfect deal, and lastly, how to pinpoint the small details that many people over look when searching for a home. Adam Leitman Bailey, P.C. reassured me that if ever there was a problem throughout the buying process, I had a solid foundation to fall back on. Adam Leitman Bailey, P.C. made known that buying a home is possible.” Adam Leitman Bailey, P.C. Employee
“It is beyond generous of Adam Leitman Bailey, P.C. to offer closing services to his employees free of charge, and it is greatly appreciated, especially during such an expensive life event.” Adam Leitman Bailey, P.C. Attorney
“My transaction of purchasing a home with the firm was interesting because I do a lot of title litigation. I was able to see the work that Andrew Jorges performs to prevent any of the issues that I deal with regarding title litigation. From this, Andrew helped the entire process run smoothly in handling all minor disputes, financing, and title issues.” Adam Leitman Bailey, P.C. Attorney
“Although my transaction will be completed this month, the firm has been great in representing my interests, in dealing with difficult counsel on the other side, and in general, lowering the anxiety that naturally comes from these types of purchases.” Adam Leitman Bailey, P.C. Attorney
“I performed two purchases with the firm: the first deal being the purchase of the home that I am now living in, and the second deal being the selling of my old home. The purchase of my new home through the firm was great because there were code violations that needed to be fixed before the closing. Adam Leitman Bailey, P.C. attorneys helped to make a deal where everything was compliant with an escrow agreement. I don’t do transactional work, so the transactional team made sure everything ran smoothly, providing me a sense of ease throughout the process.” Adam Leitman Bailey, P.C. Attorney
“When purchasing my home, my wife and I used a trust in which she was the trustee. Through performing this transaction with the firm, we avoided any potential problems that could have arose; the transaction ran very smoothly and I thank the firm for all the help they provide for their employees when buying or selling property.” Adam Leitman Bailey, P.C. Attorney
From working at a real estate law firm, learning the secrets of the trade, reading Adam Leitman Bailey’s book, Finding The Uncommon Deal, and always asking questions, all of these employees have been able to find their uncommon deal. As a bonus, the firm covers closing costs for its employees and provides discounts on title insurance, mortgage, and interest rates to help all employees achieve their real estate ambitions.