When buying property, there are several things you should consider when choosing a lawyer.
Here are some tips to help you choose the right one for you.
- Do They Know Real Estate Law?
Before you hire any attorney, ask about their knowledge of real estate law. This is especially important if you plan to buy a house. If they don’t know much about real estate law, they may not be able to protect your interests.
- What Are Their Fees?
Ask what their fees are. Some lawyers charge hourly rates, others charge flat fees. Flat fee attorneys usually give you an estimate of how much money you’ll spend over the course of the transaction. Hourly rate attorneys typically provide a quote based on the number of hours they expect to spend working on your case.
- How Long Will It Take Them To Get Started?
How quickly do they respond to your request for information? Is it quick? Slow? Ask how long it takes to get started on your case.
It’s important to find out how fast they move, because if they’re slow, you may have to wait longer than expected for them to get started.
- Can They Handle My Case?
Ask whether they handle cases similar to yours. If they say yes, then they probably have experience with this type of situation.
- Does The Attorney Work With Other Attorneys?
Find out if the attorney works with other attorneys. If so, does he/she work well with them?
- Do They Have Any References?
Ask for references. Find out if they’ve worked with clients in the past. If they have, find out how those clients felt about their service.
- Do They Have Experience In Real Estate Transactions?
If they don’t have experience in real estate transactions, ask why. Maybe they specialize in another area of law. Or maybe they want to learn more about real estate before they take on your case.
Regardless of the answer, you need to understand that you’re hiring an attorney to represent you. So, if they don’t have experience, you need to know why.
- How Much Time Do They Expect To Spend On My Case?
This question is important because it tells you how many hours they expect to spend on your case. If they say they expect to spend 2-3 hours per week on your case, then you can expect to pay $200-$300 per hour.
On the other hand, if they say they expect to devote 10-20 hours per week on your matter, then you can expect them to bill at least $500 per hour.
- How Many Cases Do They Handle Per Year?
Do they have enough experience to handle your case? If they say no, then they may not be experienced enough to handle your case.
- How Much Money Do They Charge For Their Services?
Finally, ask how much they charge for their services. If they tell you they charge $100 per hour, then you can expect that they’ll bill you $1000 for their time.
However, if they tell you they charge only $50 per hour, then you should expect to pay $500 for their services.
- Do They Offer Free Consultations?
Some attorneys offer free consultations. These consultations allow you to meet with the attorney and discuss your case without paying anything up front.