How Much Does a Real Estate Attorney Cost?
To ensure you are properly protected when facing a real estate matter in Michigan, it is important to hire an experienced real estate attorney. It is also important to have a clear understanding of real estate attorney fees and other costs that you will expect to pay for the legal services.
Flat and Fixed Real Estate Attorney Fees
Typically, attorneys charge an hourly rate for legal services. However, Ager Law Office has always had a reasonable flat fee billing structure for most real estate services instead of the traditional hourly rate. Flat fee rates, also known as fixed fees, are agreed upon with our clients before we begin to work on a real estate matter.
Flat fees provide a straightforward and transparent approach to legal services. It creates mutual expectations that are beneficial to both our law firm and our clients. An agreed upon legal services fee at the beginning of an attorney-client relationship ensures that clients will know in advance the legal fees they will pay and also have a clear understanding of the legal services that will be delivered.
Ager Law Office also recognizes the importance of keeping the lines of communication open between attorney and client for achieving a client’s desired outcome. Ager Law Office’s reasonable real estate attorney fees include all client communications along with any legal research that may be required.
Ager Law Flat Fees for Real Estate Services:
- Document Review, including review of sales contracts/purchase agreements, title insurance policy commitments, condominium and homeowners’ association documents and closing documents, starting at $350.00.
- Combined Document Review Package, including sales contract/purchase agreement, title insurance policy commitment and closing documents, starting at $450.00.
- Handling “For Sale by Owner” (FSBO) Transactions for Sellers or Buyers starting at $850.00.
- Drafting Residential Sales Contracts and Purchase Agreements starting at $400.00.
- Land Contract Transactions, including drafting sales contract and land contract, starting at $850.00.
- Drafting Deeds, including quitclaim deeds, warranty deeds and lady bird deeds/enhanced life estate deeds, starting at $175.00.
- Drafting Private Mortgages and Promissory Notes for residential purchases starting at $750.00.
- Review of Easements, Deed Restrictions and Restrictive Covenants starting at $350.00.
- Property Ownership and Management Agreements starting at $625.00.
- Evaluating Real Estate Claims, including breach of contract, failure to disclose, misrepresentation and fraud claims, starting at $350.00.
Note that there are real estate services, such as court actions, claims and disputes where it is difficult to estimate the extent of legal services and time requirements for legal services. In these types of cases an hourly rate or a modified hourly rate can be discussed. Nevertheless, for most all other real estate services Ager Law Office will provide you with a reasonable flat fee quote so you will know how much real estate attorney fees you will pay and also have a clear understanding of the services that will be provided.
Contact Ager Law Office for a Free Consultation.
From his Ann Arbor Law Office, attorney Bill Ager serves clients throughout Washtenaw County. He will do his best to provide you a reasonable flat fee quote so you will know up front the legal fees for a particular matter and the specific services that will be provided. You will also appreciate working with an experienced and knowledgeable attorney who will work with you to achieve your desired results.
For a free consultation to talk with Bill about his reasonable flat fees, call (734) 649-0784, send an email to bill@agerlawoffice.com or use the online contact form.