Questions to Ask When Interviewing Real Estate Lawyers

People who are selling or buying a property usually call their agent or broker when issues on a property transaction arise. But if the deal turns out to be complicated than what was initially thought, they usually turn to a real estate attorney.

Real estate investors in Arizona should be wise enough to hire a real estate attorney in Phoenix. Unlike agents or brokers, attorneys have the training and knowledge in reviewing surveys or advising buyers about potential issues that may be very costly to address down the road.

But it doesn’t mean that you will hire a lawyer simply because he practices about law. There are several things you have to inquire when interviewing real estate attorney in Salt Lake City, real estate lawyers Murray or nearby areas such as:

1. How many years have you been in practice?

Before hiring an attorney, you’d like to know first how much real-life legal experience the professional has had. If you are to ask for guidance in preparing a simple purchase agreement, you may settle with someone who has at least a year of experience in real estate law. But if you’re dealing with real estate development, you would want to hire the services of an attorney with at least 10 years of experience.

Of course, hiring a seasoned pro with decades of legal experience under his belt would cost you a lot of money. But you can opt for a less experienced attorney who can charge less than a senior partner.

2. How many cases similar to mine have you handled?

Simply put, if the attorney has handled a case like yours, he will have an easier time guiding you through the process. He will also be able to foresee potential troubles and give you sound advice.

You should also ask the attorney how he plans to handle your case, seeing that he has handled cases similar to yours.

3. How to you plan to bill me?

Like in any arrangement, you would want to know how the attorney will bill you. Ask about the fee schedule so that you can avoid unpleasant surprises. Expect to pay hourly fees that start from $150.

But for simple matters like drafting or clearing a purchase agreement, you can negotiate for a cheaper rate.

These are just three questions that you need to ask when interviewing a real estate lawyer who can assist you in your transaction.

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