It’s much less expensive and much more practical to hire a lawyer for your real estate transaction. If buyer and seller have found each other, you don’t need a realtor. Check out the price savings below.
A for-sale-by-owner FSBO transaction includes:
Help in negotiating the terms of the sale or purchase, if requested;
Writing a custom Sale & Purchase Agreement with all the unique terms for your transaction;
Assistance in understanding the due diligence process whether you are the seller or buyer, for example reading the pest reports, structural reports, natural hazard disclosure report;
Providing the required disclosure forms and explaining how to fill them in;
Document review for other reports;
Advice for selecting title companies, reading title reports, understanding the title history and other documents included on the title such as easements and liens…;
Directions for opening escrow;
Working with escrow officer to fix minor title problems;
Answering questions and hand holding every step of the way;
Getting through escrow to closing the transaction.
|Transaction Sales Price||Levini Law Price*||Realtor Commission (6%)||Savings|
If the buyer and seller have found each other, you do not need a realtor. Save your money and work with a lawyer instead!!! These are called For Sale by Owner transactions or FSBOs. If you need help marketing your property, showing your property to prospective buyers, or finding a property to buy then you should work with a realtor.
For example, when landlord sells to tenants, when an owner sells to a family member, friend or neighbor, when a seller locates a qualified buyer, these are the times that you should hire Levini Law to help you through each step of your transaction.
*If the transaction is extremely complicated or takes considerably longer than a normal transaction, the price for legal services could increase by the hourly rate ($400/hour). This occurs when there are other complex legal problems that need to be solved before the house can be sold.