Many attorneys in my area charge a flat fee rate for working on the seller's side of the transaction and a different rate for working on the buyer's side of a transaction. Typically I've seen legal fees run approximately $750-$950. If you already have a real estate attorney - ask them what they charge or call a law firms in your area and ask them their closing rate for a seller. Whatever you do - you should definitely use a real estate attorney to handle the closing. I've seen deals not go so smooth when the transaction was handled by an attorney who does not specialize in real estate.
Gina Chirico, Sales Associate/Realtor
Prudential New Jersey Properties
973-239-7700 ext 132
I am a local agent with Weichert Realtors in Clinton. The average fee I saw for the 15 closings I had during the past year was between $900.00 and $1000.00. This is for a normal closing. If there is a short sale or an issue with the closing that is more complex that involves more time, the cost may be greater. If you would like more information or have other real estate questions, please visit my website, as it has a wealth of information. Good Luck with your Sale!