How Much Does A Real Estate Attorney Cost?
The cost of hiring a real estate attorney depends upon the real estate matter that you have. For example, if you have a real estate contract that winds up in a dispute will require a fee which will different if you need a real estate attorney to help you purchase or sell property.
The amount of this rate generally depends on :
The experience of the real estate attorney and the type of matter that you have.
Again, if you need a quit claim done for a residential property that you own, the cost involved will be different from specifically enforcing a provision found in a real estate contract. Complex legal issues concerning real estate, and fees are generally commensurate with the time and skill required to handle such matters.
Is the most expensive lawyer also the best?
The best real estate attorney for your case depends upon your matter Usually, the more experienced real estate attorney is more expensive because of the skills that the real estate attorney has acquired over the years.
Further, specialized lawyers may charge higher rates because they have the expertise in a particular practice area. In Florida, real estate attorneys, who specialize in real estate, are typically members of the Real Property, Probate & Trust section of the Florida Bar and of the Attorney’s Tittle Insurance Fund.
How to then Choose a Real Estate Lawyer?
First and foremost in selecting a real estate attorney you should look at their experience and background. How many years have they been practicing? What law school did they attend. How were they trained? How many times have they handled a specific matter? What is their success rate? How many times have they confronted the same or similar set of facts? How you’re your situation differ? What happens when the attorney is unavailable? Who covers for them? Will they give you their cell number? Did you look at their discipline rating with the applicable Bar Association. In my case the Florida Bar. How are they rated on AVVO and Martindale Hubble?
What does the written fee agreement say about fees.
Is it fixed, flat fee or contingent on an event? Finally, and perhaps most importantly of all is finding a real estate attorney with whom you feel comfortable and establish a positive rapport.
From the trenches,
Should you have any questions or would like to schedule an appointment,
Roy Oppenheim is a sought-after legal expert on issues relating to real estate. In 2009, he started the South Florida Law Blog to address the real estate market and foreclosure crisis. The Blog has been voted the best business and technology blog by the South Florida Sun-Sentinel. Mr. Oppenheim has been a contributor to Yahoo! Homes, featured on HuffPost Live, FOX News, and Lifetime TV, and quoted in prominent national publications, including USA Today, The New York Times and Huffington Post. Most recently, Mr. Oppenheim hosted an Ask Me Anything on Real Estate on Reddit. Mr. Oppenheim has also co-authored two law review articles: Deconstructing The Black Magic of Securitized Trusts, and The Emperor’s New Clothes.
Mr. Oppenheim founded Oppenheim Law, one of South Florida’s leading boutique law firms in Fort Lauderdale, Florida in 1989 with his wife Ellen Pilelsky, and, in 1994, he co-founded Weston Title & Escrow, a trusted South Florida real estate title company whose multilingual staff provides personal, concierge style service in the areas of real estate closings, title insurance, title searches and escrow services.
Weston Title: https://westontitle.com/