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How much will a real estate attorney cost?

Dec 20

If you're looking for a good real estate attorney, the best place to start is by asking people you know who have recently bought or sold a home. They may be able to recommend someone to you if they had a positive experience with them. Ask your family and friends for referrals. 

If you're selling a residential property, the attorney's fee may range from $500 to $3,000 or more. However, the higher the complexity, the more your real estate attorney will charge. Your attorney might charge you a flat fee of $950 if you are selling a condo. You should expect to pay $3,000 or more if your real estate transaction involves more complexity. The amount you'll spend will depend on the complexity of the transaction and the level of legal expertise you're looking for.

To help you sell your house, a real estate lawyer is necessary.  Although they can provide advice and negotiate for you, it's important to find 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. A deed preparation lawyer can charge $500, while a full-service real estate closing attorney may cost up to $1,000 or more. But the total fee will depend on the specific role of the attorney and the size of the firm. Some real estate attorneys handle the entire closing process while others only provide advice and general transaction counsel.

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