What Are Characteristics of A Good Real Estate Lawyer?

Real Estate Lawyer

Real Estate Lawyer

Many homebuyers or home-sellers looking for a real estate lawyer focus exclusively on price. And while the cost of a real estate lawyer is definitely something to take into consideration, it shouldn’t be the only thing you focus on, like a title company professional from a title firm like Capitol Title Insurance Agency, can explain.  

Below are some of the qualities and traits to look for in a real estate lawyer:

Accessibility

Buying or selling a home can be both stressful and exciting. It can also make you forget just how much paperwork needs to be filled out. Not only that, real estate transactions don’t necessarily take place during regular office hours. Most open houses take place in the evening or on the weekends. Negotiations can also take place at any time of the day, or night. And time is always of the essence when it comes to real estate law.

A good real estate lawyer understands what you’re going through and any time constraints you’re up against. Make sure you find one that is accessible, flexible, responds promptly to your calls or emails, is willing to meet in the evening or on the weekend, and provides offsite meetings.

Communication

Most professions have their own terminology. Sometimes it feels like you need to have a dictionary on hand when speaking to a doctor or lawyer. Make sure this isn’t the case when you’re dealing with a real estate lawyer. A good real estate lawyer should be able to explain complex legal real estate concepts and terms in a way that is easy to understand. They should also be able to explain what documents you are signing and why you are signing them.

Negotiation Skills

Buying and selling a home involves a great deal of negotiation. In fact, that’s all it seems to be about. The seller wants the highest price and the buyer wants the lowest price. Both parties come together somewhere in between. A good real estate lawyer will know how to negotiate and work with other lawyers, real estate developers, and real estate brokers. That’s why you want a real estate lawyer who knows how to communicate and has impeccable negotiation skills.

A Strong Track Record

It’s not hard to find a real estate lawyer that can claim to have been in business for years or even decades. But that doesn’t mean they have a strong track record of being a real estate lawyer. Ask a real estate lawyer what their experience and relevant track record is. And look at any reviews they have online. Your real estate transaction will be in better hands if you find a real estate lawyer who has a well-respected, established presence, with good reviews.

Strong Analytical Skills

Deciding to buy or sell a home is not difficult. But the rules, laws, and paperwork associated with a real estate transaction are complicated and complex. Real estate lawyers have spent years familiarizing themselves with all the ins and outs of real estate law; this includes having a comprehensive understanding of complex legal concepts and the nuances of the buying and selling process. It is their responsibility to be your advocate and scrutinize each and every deal and conduct a comparative analysis to ensure you’re getting the best deal.

A good real estate lawyer will be able to uncover any potential weaknesses or downfalls with your specific deal. Contact one today.