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How much will a real estate attorney cost?

Dec 20

You can ask your friends and family members who have sold or purchased a home recently to recommend a 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. 

If you're selling a residential property, the attorney's fee may range from $500 to $3,000 or more. 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. You should expect to pay $3,000 or more if your real estate transaction involves more complexity. The complexity of the transaction, as well as the level of legal expertise required, will affect the cost of your investment.

If you're selling a house, you'll need a real estate attorney to help you navigate the process. While they can help you with pricing and negotiation, it is best to choose an attorney who is experienced in this area 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.

Real estate attorneys charge by the hour, depending on the complexity of the transaction. 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. However, the exact role of the attorney as well as the size of the firm will affect the amount of the fee. While some real estate attorneys can handle the entire closing process, others provide general advice.

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