How much will a real estate attorney cost?

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. Refer to family members and friends who have worked with a real estate lawyer and ask them about their experiences. 

The fee for an attorney, if you are selling a residential property, will likely be between $500 and $3,000 or more. Your real estate attorney's fee will increase depending on the complexity of the transaction. An example: If you sell a condo, your lawyer may charge a flat rate of $950. 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. 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. 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.

Depending on the complexity of the transaction, real estate attorneys may charge an hourly rate. 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 attorneys handle the entire closing process while others only provide advice and general transaction counsel.

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