What is the Average Cost of a Real Estate Attorney?

A real estate attorney may charge a flat fee of between $100 and $3000 to prepare a deed. For a complete package, some attorneys may charge up to $5,000. These services are usually charged at a rate of $100 and $3000 by most lawyers. A complete package could include title report review, deed preparation, and purchase/sale review. Lender work may also be included. This fee is paid at closing and is typically included in the final cost of the property.

A real estate attorney should be paid a flat fee. Some attorneys charge per hour, but most will charge a flat fee for each task. An hourly rate for a lawyer can range from $150 to $800 Although this method of paying may save a bit of money, it can end up costing you more in the long run. Flat fees are a great way to get the most from your legal services. This fee includes drafting the contract, working closely with the seller's lawyer, making sure that all title documentation is in order, as well as drafting and signing the deed.

For a typical commercial transaction, a real estate attorney may charge between $1,500 and $100,000. An attorney may charge as high as $100,000 for more complicated transactions. Smaller commercial transactions usually need only contract drafting and general counsel, while large-scale, complex deals can involve curative title work, land use issues, and multiple negotiations. The fee will depend on the transaction. It is important to understand what to expect before you hire a real estate attorney.

For a simple residential transaction, a real estate attorney can charge anywhere from $500 to $15,000. However, this figure is more dependent on whether the lawyer is handling a pre-existing transaction or a new one. For example, an attorney may charge less if you buy the property all-cash. You should also consider whether the realty attorney will charge more or less depending upon what type of transaction you are involved in.

It is best to discuss the cost of a fixed fee with a real estate lawyer before you hire them. The standard hourly rate for a realty attorney is between $150 and $800. For more complex transactions, an attorney can charge a flat rate of $200 to $800 an hour. Attorneys often charge a flat fee for their services. A flat-rate fee will cover most legal work for an average home, while a time-based rate will vary.

The complexity of the transaction will determine the fee charged by a real estate attorney. It can vary from $150 to $850 an hour. In some cases, a lawyer will charge a flat fee of up to $20,000 for a full-service package. A real estate lawyer may charge $16,000 for a forced sale. Depending on the complexity of the property, however, fees will vary based on the number of lawyers involved.

Sishodia PLLC | Real Estate Attorney and Estate Planning Lawyer | Asset Protection Law Firm | 1031 Exchange | Trust Set Up - NYC

600 Third Avenue 2nd Floor, New York, NY 10016, United States

(833) 616 4646