How much will a real estate attorney cost?

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. You might be recommended by someone they know who had a good experience with one. 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. 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. If your real estate transaction is more complicated, you should expect to pay around $3,000 or more. The complexity of your transaction and the level you seek in legal advice will determine the amount you spend.

If you're selling a house, you'll need a real estate attorney to help you navigate the process. 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. While some real estate lawyers offer flat fees at a discount, they should be avoided as they could 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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