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why would i want a real estate agent to help me with a contract problem instead of a lawyer?
by mnky9800n 3y ago
why would i want a real estate agent to help me with a contract problem instead of a lawyer?
- danielvaughn 3y agoThat's my point - I'm saying a real estate lawyer should be the ones handling these things, not agents. But by some kind of weird historical convention, agents are typically the ones that draft up the contracts, and they usually rely on a template.
- semiquaver 3y agoThe bizarre thing is that real estate lawyers are quite cheap since transactions are so standardized. I’ve always used one for home sales. The fee has always been between $500-650 regardless of the home price.
- judge2020 3y agoAgents must use a template approved by their broker (who has their own lawyers who drafted that contract, of course). Typically they can't do anything custom.
- brianwawok 3y agoIt varies by state. In IL both sides must have a lawyer. In IN everyone has the agent do boilerplate. I can say the IN way saved me a few thousand bucks…