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Didy331, Home Buyer in

How much does a real estate lawyer charge for the services of legal representation of buying a home?

Asked by Didy331, Tue Jul 23, 2013

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Answers

43
Jennifer Fivelsdal’s answer
The fee will vary even in the same town. Some will charge a flat fee. If you are buying for example a house Upstate NY and using a NYC Lawyer the cost will be higher, factor in travel time.
0 votes Thank Flag Link Sun Oct 13, 2013
Each attorney is free to set his/her own rates, therefore fees will vary...
2 votes Thank Flag Link Tue Jul 23, 2013
Anna is right, they have the freedom to set their rates however they would like. Like any business, they have to have competitive prices. I would recommend doing some research for different real estate lawyers in your area. That would really be the only way to find a good range of prices. http://www.rellapaolini.com/residential_and_commercial_real_estate_development.html
Flag Tue Mar 10, 2015
I agree with Anna, it does change from attorney to attorney. If I were you, I would do some shopping around on line. You may want to schedule some consultations with firms in your area. Compare prices and make your decision after that. http://www.valentineandvalentine.com
Flag Thu Oct 23, 2014
Fees will be different for each attorney. I always suggest clients interview at least 3 attorneys, and along with other questions or concerns, discuss fees so as to avoid surprises.
1 vote Thank Flag Link Sat Nov 22, 2014
I think that is good advice. I am shy, and I don't always ask the questions I need to. My wife and I are purchasing our first home, and I don't want to get taken advantage of. That is why I want to hire a real estate lawyer, but I have never done that either. I will make sure to ask about their fees right away.

http://www.binskywhittle.com/en/real_estate.html
Flag Sat Dec 6, 2014
It depends on the attorney and on the specific circumstances of each transaction. However, the average should be somewhere around $2,000 - $2,500 for a Manhattan real estate attorney. I hope this helps. Cosmin - Citi Habitats, cbita@citihabitats.com
1 vote Thank Flag Link Sat Oct 18, 2014
it depends on the area, how complicated this particular case is and some other factors. You should speak with several attorneys to see what they can offer and what services they include in the cost and which will be at extra charge (such as lien search, etc.).
1 vote Thank Flag Link Tue Jul 23, 2013
I agree that it depends on the area. I would call around to see what the average price is that you're looking at. This will probably help you the most when seeing and weighing out prices. Good luck! http://www.davidcohenlawoffice.com/en/
Flag Tue Oct 14, 2014
I could see where the location would influence the rates. We were looking for a lawyer in Florida and noticed they were a lot cheaper there than where we moved from. There are other factors besides location that might influence the price.
http://www.uppervalleylegal.com
Flag Wed Oct 8, 2014
That really varies. Your agent can, I'm sure, recommend a few attorneys. You can then contact them, see who you are most comfortable with and at the same time ask about pricing. You definitely want to use an attorney who charges a flat fee, as most do. More importantly, are you working with a buyer's agent on your purchase? That is where the real savings will come in - savings of time, money and aggravation, and all at no cost to you. That's much more important than a few hundred dollars either way on your attorney. The right agent will save you thousands.

Best,
Jenet Levy
Halstead Property, LLC
jlevy@halstead.com
212 381-4268
http://jenetlevy.halstead.com
1 vote Thank Flag Link Tue Jul 23, 2013
It depends on the type of transaction. Some purchases that naturally have a bit of "hair" on them such as short sales will require more man hours thus, a higher fee. The most attorney's can charge between $1500 is traditionally the standard fee. I have relationships with attorneys who charge my clients a flat $995-$1050. I would be happy to share their information with you :-).
0 votes Thank Flag Link Thu Jan 8, 2015
Call 3-4 for of them and see who can do best. Remember you need attorney who is diligent, referrals are always good to look into. Good Luck
0 votes Thank Flag Link Wed Jan 7, 2015
Call 3-4 for of them and see who can do best. Remember you need attorney who is diligent, referrals are always good to look into. Good Luck
0 votes Thank Flag Link Wed Jan 7, 2015
It really depends on the attorney. The price will vary based on their success, size of the firm and their experience with real estate. You should definitely meet with a couple of different attorneys to compare rates. You don't want to get the lowest rate if you feel like the attorney won't do a good job though. I do think it's a good idea to have a real estate attorney involved in your home purchase though. There's a lot of legal stuff you have to go through and the more professional experience you have on your side, the better. http://www.neylonandcloutierlaw.com/Real-Estate-Law-Saint-Jo…
0 votes Thank Flag Link Wed Jan 7, 2015
I guess the best thing you can do is make sure you get up a contract or have a set pay that you are going to give the real estate lawyer. That way, you don't have to worry about how much you will be paying in the end. I think it is a lot safer as well because then you avoid any outrageous cost. http://oakvillerealestatelaw.com/category/real-estate/
0 votes Thank Flag Link Tue Jan 6, 2015
That's a great question. I would suggest contacting one to ask your question. Shopping around is a great way to ensure that you get the most out of your money. You could also ask your friends and family about which real estate lawyers they've used and liked. http://www.bbo.on.ca/practice-areas/real-estate-development-…
0 votes Thank Flag Link Mon Jan 5, 2015
It really depends. I would compare prices online. Make sure you don't just go with the cheapest lawyer. Find one who has had many successful cases before. It will be a better value for your money. http://www.kasman.com/real_estate_law.html
0 votes Thank Flag Link Thu Dec 11, 2014
I would be more concerned finding a Real Estate Attorney that only practices Real Estate along with one that is familiar with the Township that the home is located in. I have a couple of transactions that had issues because the Attorney was not familiar with the Town codes, etc. Once you find a couple od "Real Estate" Attorneys, then compare the prices. You get what you pay for.
0 votes Thank Flag Link Mon Nov 24, 2014
fees vary big time. The best thing to do would be to contact multipe to receive an estimate so that you can get a feel for the prices in your area. You can also use quotes as a tool to lower prices with other attorneys.

Mark Leach | http://www.ptc-law.com
0 votes Thank Flag Link Fri Oct 31, 2014
Attorney fee's typically range from $750-1500. Just remember the old saying that you usually get what you pay for. I have found that the cheaper attorneys are usually a lot harder to reach. I would speak with your mortgage banker or realtor for a recommendation.
0 votes Thank Flag Link Wed Oct 29, 2014
I totally agree with your statement. It's so important to find a Real Estate Attorney that is familiar with the township.
Flag Mon Nov 24, 2014
I would say the average is about $2000. This can vary quite a bit depending on where you live though. I went with a very reputable firm. I payed a bit more, but had excellent service! http://www.harrellandwhetstone.com/Practice-Areas/Real-Estat…
0 votes Thank Flag Link Fri Oct 24, 2014
It depends on the attorney and the situation. Lots of attorneys charge differently depending on the service they provide. Some just charge a flat fee no matter what. I would just call around and find out what your best options are.

http://www.brandtlawgroup.com
0 votes Thank Flag Link Mon Oct 13, 2014
There are a lot of factors involved with an answer to that question. First, the area you are in will determine the cost. They might charge for time or even a flat fee. It is all about who is helping and how they do things.
Michael Foster http://www.houselawyerny.com/about_me.html
0 votes Thank Flag Link Fri Aug 29, 2014
In Westchester County the average is $1200-1500 for the life of the transaction. In NYC I find they can be as high as $2,000+. Typically transactions over a million tend to be higher. There may be times where the deal gets tricky and the attorney has to spend extra time so they may charge more. Speak with a few attorneys and ask them up front what you can expect over the life of the transaction. Hire an attorney that doesn't have a large ego, they can get in the way of the transaction. You want one that is communicative, proactive, and understands urgency.

Chris
0 votes Thank Flag Link Fri Aug 15, 2014
That's all a matter of how much experience they have and what they believe their time is worth. Also consider doing as much research before hand so you don't have to spend large amounts of time talking with them about extraneous topics. Since time is money in this case, use it wisely.

Michael Foster http://www.iarlaw.com/practice-areas/real-estate
0 votes Thank Flag Link Thu Aug 14, 2014
Not trying to beat a dead horse here as you've gotten great answers. Everything does vary a little and there are certainly a number of issues that may cause an Attorney to charge what they charge. Some purchases are easier than others as there may be Title issues, a lien situation or other factors that actually make the Attorney go through their paces.

I'm sure you have Family and Friends that could recommend an Attorney they have used or know by word of mouth or another way. Ask them first, talk to a few Atty's and see which one is a ggood fit for you. Best of luck.
0 votes Thank Flag Link Tue Aug 12, 2014
It definitely varies from one attorney to another. Typically between $950 to $1,500 is what I've seen. What I would say is that I would not shop for an attorney based on just their fee. A couple hundred here and there is not worth you missing out on the best representation you can find. I've seen people use DMV attorneys because it would save them a few dollars, and it turned into a nightmare. Good luck!
0 votes Thank Flag Link Thu Jul 31, 2014
It is dependent upon far too many factors to even throw out a guess here. Where you are living will make a big difference. The size of the purchase may bring up their cost, especially if there is a lot more bargaining involved. You're better off to start looking around and getting estimates from residential and commercial real estate lawyers. http://www.houselawyerny.com/about_me.html
0 votes Thank Flag Link Thu Jul 31, 2014
Depends on the area, in which you are looking for a property
0 votes Thank Flag Link Wed Jul 23, 2014
I used Franco Law Firm. They provided great service and I was happy with how they handled issues that came up at closing.

Contact info:
Franco Law Firm
347-351-1416
http://Www.franco-lawfirm.com
0 votes Thank Flag Link Fri Mar 28, 2014
This depends on the state, experience of the attorney, if the person recommending this attorney gives him a lot of business, and your negotiation skills.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
0 votes Thank Flag Link Thu Oct 10, 2013
Are you buying a home without a real estate agent's representation? Big mistake! A qualified licensed real estate agent should have a list of real estate lawyers they can refer their clients and customers to. But to answer your question, it depends on the area, how complicated each property closing is and some other factors. You should speak with several attorneys to see what they can offer and what services they include in the cost and which will be at extra charge (such as lien search, etc.). Most importantly, you need to be able to communicate with the lawyer you choose to hire. Call or email me with any additional questions.

Ivan Cardona
Manhattan Rental Apartments at
DOUGLAS ELLIMAN REAL ESTATE
212-983-7290
ivan@manhattanrentalapartments.com
ivan.cardona@elliman.com
0 votes Thank Flag Link Thu Oct 10, 2013
I would suggest contacting Jonathan Goldberg, at jonathan@goldberglaw.com, 234 5th Ave suite 308, 646-389-0851. He's represented my last three clients, great guy, please note I do not receive compensation for any refrrals. Best of luck, for all your real estate needs feel free to contact me.


Tony Lara
Rutenberg Realty
Licensed Real Estate Salesperson
212-688-1000 x-426
0 votes Thank Flag Link Wed Aug 14, 2013
You don't mention which state you are buying in. In most states it is a flat fee. While attorney's set their own fee schedule, in Illinois where I 'm licensed the fee is $450-700.
0 votes Thank Flag Link Wed Aug 7, 2013
I would recommend Tatyana, she charges $750 for residential closings in New York and New Jersey.

Tatyana Agarunov, Esq.
30 Broad St.
NY, NY 10004
Phone: 212-920-5989
Web: http://www.agarunovlaw.com
Email: ta@agarunovlaw.com
0 votes Thank Flag Link Wed Aug 7, 2013
Legal representation is not fix, however the typical cost is 1% of the cost of the home, however this is negociatble, there are attorneys charge $500 or less but you get wat you pay for.
0 votes Thank Flag Link Thu Jul 25, 2013
Ask your agent for several recomendations. Make sure they are a real estate attorney.
0 votes Thank Flag Link Wed Jul 24, 2013
Ask your agent for several recomendations. Make sure they are a real estate attorney.
0 votes Thank Flag Link Wed Jul 24, 2013
You will have to speak with the attorney to find out his fee. Fee will also depend on the type of transaction,for example is it simple or complicated, number of amendments to contract, how far the attorney has to travel to closing etc.
0 votes Thank Flag Link Tue Jul 23, 2013
Hi Didy331,

Whatever you do, do not hire a lawyer with an hourly fee. You will not be better off in the long run. I have seen people make this mistake, thinking they are saving money and it does not. Hire someone with a flat fee.

​Joe Greene
Broker/Owner
WEICHERT, REALTORS - House & Home
joegreene@weichert.com
http://www.WeichertWorks4U.com
(718) 432-5000 (Office)
(917) 974-2600 (Cell)
609 Kappock Street Suite 1A Bronx, NY 10463
0 votes Thank Flag Link Tue Jul 23, 2013
A lawyer in Manhattan typically costs $2,500-$3,000 for a real estate transaction. It is important to get someone who knows and has dealt with they type of property that you will buy. There are more expensive white shoe law firms and some clients prefer the more hand held approach. Joan Brothers, Manhattan Boutique Real Estate, 212-308-2482
0 votes Thank Flag Link Tue Jul 23, 2013
usually they range from $1,000-$2,000. If you need a recommendation or If you are looking for a help with your mortgage please feel free to reach out to me.

David Mizrahi
Branch Manager
NMLS#40925
Guaranteed Home Mortgage Company, Inc
50 Broadway Suite 1608
New York, NY 10004
Direct 917-793-6120
Mobile 917-597-0870
Fax # 855-861-3321
Email dmizrahi@ghmc.com
Website http://www.ghmc.com/nyc
0 votes Thank Flag Link Tue Jul 23, 2013
Hi, It depends greatly on the price of the home. The average for under 500k is $1,100-1,400 and over can go upwards of $2,000. Make sure the attorney you use is very pro-active and has a sense of urgency. I have encountered many that don't and it can kill a deal.

Chris
0 votes Thank Flag Link Tue Jul 23, 2013
Depends on the lawyer. I've seen charges as low as $750 and as high as $2500. You will have to do your due diligence and get quotes and what the quote covers.
0 votes Thank Flag Link Tue Jul 23, 2013
Only Real Estate Lawyers are able to answer that question.

I will suggest you to contact some and ask the question.

If you need some recommendations, please feel free to contact us.

Best Regards,

Raoul Sodogandji
Member of ELITE
Licensed Real Estate Agent

(o): 212.252.8772 (EXT.782)
(c): 347.993.8333
(e): raouls@nestseekers.com
0 votes Thank Flag Link Tue Jul 23, 2013
Didy331 I think that's a question that you call and ask directly.
0 votes Thank Flag Link Tue Jul 23, 2013
I'm sure it varies from lawyer to lawyer. You'll just have to ask a few. It also will depend on the degree of the lawyer's involvement in the transaction.
0 votes Thank Flag Link Tue Jul 23, 2013
Don Tepper, Real Estate Pro in Fairfax, VA
MVP'08
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