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How much will a real estate attorney cost?

Dec 20

Asking people you know, who recently sold or bought a house, is a great place to start looking for a quality real estate attorney. They may be able to recommend someone to you if they had a positive experience with them. You can also get referrals from friends and family who have used a real estate attorney and ask about their experience with them. 

An attorney's fee ranges from $500 to $3000 or more if you're selling residential property. The higher the complexity, however, the more expensive your real estate attorney will be. Your attorney might charge you a flat fee of $950 if you are selling a condo. For more complex transactions, expect to pay approximately $3,000 or more. The complexity of the transaction, as well as the level of legal expertise required, will affect the cost of your investment.

To help you sell your house, a real estate lawyer is necessary. They can offer advice on pricing and negotiate on your behalf, but you should be sure to hire an attorney who specializes in this type of work. You should avoid firms that offer flat rates at discounts for real estate professionals. These fees may be paid through title insurance commissions.

The complexity of a transaction may affect the hourly charge for real estate attorneys. An attorney who prepares deeds can charge as high as $500 while a full-service attorney for real estate closings can run as high as $1,000 or more. The specific role of each attorney and the size of the firm will determine the final fee. Some real estate lawyers handle the entire process while others offer general transaction counsel.

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