When selling your home, you may run into the question of whether or not to hire a real estate attorney. By hiring a real estate attorney, you have a professional who will oversee the transaction from start to finish. You may not be required to hire an attorney, but selling a home is a very complicated process if you lack prior knowledge and experience. An attorney ensures the process runs smoothly and mistakes are avoided. Keep reading to discover why it will be in your best interest to contact an attorney. When the time comes, contact our title company in Lighthouse Point to hire a real estate attorney. With over 60 years of combined experience, you can trust our experienced professionals for your property.
Do You Need an Attorney?
The first question you might ask when selling your home is whether it is mandatory to have an attorney present. Some states require that you have an attorney to handle the paperwork when selling a home, however, this is not the case in the state of Florida. You are not required to have a real estate attorney for the closing of the sale of residential properties.
The second question you will probably ask yourself is whether you can sell a home on your own. Selling a home on your own will take a lot of knowledge and skill. It will also demand a lot of your time, as it generally takes up to 70 days to sell a residential property. Is this something you are capable of tackling on your own, even with a full-time job? Unfortunately, this is a responsibility that will demand a significant amount of time and does not fall within the typical 9 to 5-time constraints. It is a round-the-clock job.
Can you ensure that the transaction is handled smoothly and you will receive the highest sale price for your property? For a smooth transaction, it is beneficial that you know the market – this goes far beyond knowing that it is currently a seller’s market. The fact that it is a seller’s market bodes well in your favor because you are more likely to receive higher bids and unload the property sooner. However, without industry knowledge and experience, you can’t guarantee that you will get the highest price for your property.
These are important questions to ask yourself. If you can’t confidently answer yes to them, we strongly recommend contacting a professional, such as the team at Expert Title in Broward County.
Real Estate Attorney vs Agent
“I have a real estate agent – why do I need an attorney?” We hear this question a lot. When you hire a real estate agent, you can’t guarantee they have your best interest at heart. Agents often represent both the buyer and the seller. This can put you in a difficult and unfavorable position, as they may benefit from decreasing the purchase price. After all, an agent will only receive commission after the transaction has closed. Additionally, the tasks they can perform for you are significantly limited.
In the case of a real estate attorney, they have no reason to decrease the home value. Their responsibility is to represent you as you are selling your home, and they do this to the best of their ability.
A real estate agent may be better equipped to handle the marketing aspect of the transaction, but can you confidently turn to them for legal guidance, review and edit forms, draw up contracts, and then clearly explain the legal language in them? In many ways, a real estate attorney offers more peace of mind than an agent.
When selling a home, it helps to have the expert guidance of a professional. It better guarantees that your home will be sold at the best price and that your terms are fully met.
Contact Expert Title
We are a locally owned and operated business, founded by two experienced attorneys. Centrally located in Broward County, we have served homeowners throughout Miami-Dade, Broward, and Palm Beach Counties. When you need to contact a title company in Lighthouse Point, look no further than Expert Title. Call (954) 570-5959 about our services.