Is A Real Estate Attorney Cheaper Than A Realtor. You may be able to purchase your home cheaper if you buy a for-sale-by-owner FSBO property without the help of an agent. A real estate attorney will be representing you and only you in the buying or selling of a house and an attorney is not incentivized by increasing or decreasing the purchase price.
However if thorny legal issues come up that cant be handled by a real estate agent such as illegal in-law units tenants who must be evicted or unusual lease agreements youll need a real estate attorney to advise you and possible settle disagreements. Some attorneys charge hourly ranging from 150 to 350 per hour. Although most people believe that a title company is less expensive than an attorney my firm and most other attorneys with real estate based practices are actually less expensive then the title company where your real estate agent will attempt to steer you.
And real estate lawyers charge exorbitant hourly rates.
Every state has its own set of real estate laws. This raises the questiondo you need a real estate agent or attorney to help you buy a home. Every state has its own set of real estate laws. You may be able to purchase your home cheaper if you buy a for-sale-by-owner FSBO property without the help of an agent.