Questions To Ask Before Hiring A Real Estate Lawyer
  • Thursday, 18 February 2021

Questions To Ask Before Hiring A Real Estate Lawyer

Searching for a new property can be exciting. It’s a life-changing chapter in our lives that is as important a decision as any. We want to make sure that this search is as stress-free as possible.

Real estate can be complex. There is an abundance of small details that need to be appropriately dealt with. If not, problems can arise. It is a significant advantage to have a knowledgeable, qualified professional to help resolve potential issues. Real estate lawyers provide this benefit. 

Why are real estate lawyers so important? Well, their responsibilities come into play after the real estate agent has finalized the price and contracts are signed. The real estate lawyer will then review the relevant agreements. They may make appropriate adjustments or negotiate repairs. 

We’ve pulled together vital questions to ask a lawyer before making your final decision. You’re going to need to clear up some critical things before deciding on the right person for the job.

Who Will Be Involved in My Case? 

Who Will Be Involved in My CaseYou’ll rarely have just one person working on your case. Commonly, parts of the work required will be handed down to other lawyers’ staff. Junior attorneys or paralegals may be responsible for some of your necessary work. Knowing everyone involved is essential. You should always ask, “How many other people will be working on my case?” It is also worthwhile to ask for their contact numbers if you cannot contact your primary attorney

How Long Have You Practiced Real Estate Law, and What Is Your Relevant Experience? 

Learning a real estate lawyer’s background is essential. When you’re ready to hire your attorney, it is pivotal that they are appropriately qualified. It’s best to find a suitable candidate with numerous years of experience. These lawyers may come at a higher price but will be more capable of dealing with complex issues. A good question to ask would be, “How many years have you been a real estate lawyer?”

After you’ve chosen your ideal property using the home buyers guide, you can move forward. Ask your lawyer about previous work they’ve done. Do they have substantial experience with your type of situation? Ask, “Have you worked on situations similar to mine?”

What Are Your Specialties and Qualifications As A Real Estate Lawyer?

Lawyers usually have specific areas of expertise. It’s important to guarantee your candidate’s background suits your situation. It is also reasonable to ask where they studied and to ask about their degree. For example, “Can you describe your qualifications?” Or, “Where did you study?”

This information is essential as it is the backbone of their knowledge. Substantial education is vital in situations like this. It’s important to know this information before hiring a lawyer.

Here are some steps for your purchase transition. They will help you take the right direction when purchasing your property.

Topics Related to Real Estate Lawyer 

Things You Should Not Say to a Lawyer

  • Don’t insinuate that you are challenging to work with. For example, “My last real estate lawyer and I never got along.” 

Things Closing Lawyers Look for

  • Homeowners insurance information
  • Property tax information
  • Ensuring all documents and small details are suitable

Handling a Difficult Deposition Question

  • Think before you speak
  • Answer honestly.

Add another level of protection for your real estate transaction by hiring a Diamond & Diamond lawyer.

Pro Tip

“Have potential back-up real estate lawyers. This will help prevent settling for someone who isn’t the right choice. Knowing you have other options helps make the correct decision.”

-Diamond & Diamond

Can You Provide References?

References help you understand the person you are hiring.  They provide valuable information that helps determine if the person is easy to work with. Are there any great problems you should be aware of? Is there anything this person could potentially struggle with? 

You also get a general understanding of the person’s personality and work ethic. The more familiar you are with the individual, the more comfortable and confident you will be. You can ask, “Could you provide a reference for me?” Or, “Do you have a reference from an employer or previous client?”

What Are Your Legal Fees As My Real Estate Lawyer? 

This is a significant concern when hiring a lawyer. It should be one of the first bits of information you gather about them. Fees vary based on the lawyer’s experience and qualifications. Although many lawyers will work on flat fees, it is most common that they work on an hourly rate. These prices can often be negotiated. 

On average, a real estate lawyer’s hourly rate is between $150-$350 per hour, but a standard flat rate may range between $500-$1500. You should always ask, “Do you charge by the hour or at a flat rate?” You can still keep track of your spending with a cost calculator

Confident attorneys may charge more due to their experience and high standards. Their expertise can help prevent stress and problems. Knowing their background can help you negotiate for a better contract. 

You are also entitled to a free consultation at Diamond & Diamond Law.

FAQs on Hiring A Real Estate Lawyer

Do lawyers record conversations with their clients?

Lawyers may occasionally wish to record their conversations with clients. However, they must ensure all involved parties consent.

When should you hire a real estate lawyer?

Hire a lawyer if you are looking into a property that may potentially have structural issues. If it is a commercial property, see if the property is bank-owned or part of an estate sale.

What kind of questions can I expect my real estate lawyer to ask me?

A real estate lawyer will always ask you questions to better understand your situation, usually regarding your preference and desires.

Are real estate lawyers involved in the closing process?

Yes. At the closing meeting, expect many people to be involved, such as your real estate closing lawyers, the seller, real estate agents of both parties, and representatives of the title company and lender.

When should I hire a real estate lawyer instead of a real estate agent?

During the sales process, legal issues might arise that your real estate agent can’t answer. In that case, you’ll need a real estate lawyer’s help. Although good agents know a lot about the negotiating and contracting part of the process, they can’t make judgments on legal questions.

Is hiring a real estate lawyer necessary to sell my house?

To complete the sale, you will need to have a solid understanding of real estate law and procedures to make sure you can answer important questions about the property. Hiring a real estate lawyer can help you do this properly and will make sure that all the responsibilities and expectations are handled and met.

Leave a Reply

 

Get the help you deserve

1-800-567-HURT

Call NOW for a free consultation

Diamond & Diamond Ontario Head Office

255 Consumers Road, 5th Floor, Toronto, Ontario

>> Learn More

Diamond & Diamond Alberta Head Office

4246 97 Street NW, Unit 100, Edmonton, Alberta

>> Learn More

Diamond & Diamond British Columbia Head Office

1727 West Broadway, Suite 400, Vancouver, British Columbia

>> Learn More

Barrie

17 Poyntz Street

Brampton

341 Parkhurst Square, Suite 5

Calgary

1331 Macleod Trail SE, Suite 420

Edmonton

4246 97 Street NW, Unit 100

Hamilton

105 Main Street East, Suite 1500

Kelowna

1631 Dickson Avenue Suite 1100

London

256 Pall Mall St, Suite 102

Oakville / Mississauga

2939 Portland Drive, Suite 200

Oshawa

50 Richmond Street E, Unit # 108 B

Ottawa

955 Greenvalley Crescent, Unit 315

Sudbury

144 Elm Street, Suite 201

Surrey

1104 – 13737 96 Ave, Surrey, BC V3V 0C6

Thunder Bay

278 Algoma Street South

Toronto

255 Consumers Road, 5th Floor

Vancouver

1727 West Broadway, Suite 400

Windsor

13158 Tecumseh Rd. E. Unit 3B