How much will a real estate attorney cost?

You can ask your friends and family members who have sold or purchased a home recently to recommend a real estate attorney. If they had a great experience with one, they may recommend someone to you. Refer to family members and friends who have worked with a real estate lawyer and ask them about their experiences. 

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. An example: If you sell a condo, your lawyer may charge a flat rate of $950. For more complex transactions, expect to pay approximately $3,000 or more. The complexity of your transaction and the level you seek in legal advice will determine the amount you spend.

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.

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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