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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. 

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. If your real estate transaction is more complicated, you should expect to pay around $3,000 or more. 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. Some real estate attorneys offer discount flat fees for their services, but these firms should be avoided because they may be paid through the title insurance commissions.

Real estate attorneys charge by the hour, depending on the complexity of the transaction. A deed preparation attorney can charge up to $500, while a full-service real estate closing attorney can cost as much 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 attorneys handle the entire closing process while others only provide advice and general transaction counsel.

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