How Can A Real Estate Agent Benefit from A Great Real Estate Attorney

• Assisting with disputes regarding property lines, chain of title, or contracts. This enables an attorney to resolve issues allowing the agent to ultimately still close the deal while continuing to help other clients.
• Drawing up critical legal documents regarding title insurance policies. Depending on each seller’s or buyer’s unique situation, a title insurance policy may require a specialized legal review.
• Ensuring a title transfer is smooth and meets necessary legal requirements. Title transfers should be done without any encumbrances or liens. If there are issues of this nature with a property, an attorney may assist in resolving them.
• Representing buyers or sellers in a court of law should a dispute progress. If a dispute over a property transaction progresses without resolution, a real estate attorney can assist with representing an agent’s client in court.
• Removing federal Tax liens and abstracts of judgments.
• Enforcing earnest money contracts when one party defaults.
• Suing to enforce payment of real estate commissions.

• Attending the closing of a property sale when needed. In particularly complex situations with one or more legal issues, an attorney’s presence at a closing can give buyers or sellers added peace of mind and can elevate an agent to the level of consummate professional for having the right connections.
• Overseeing financing paperwork. Some real estate transactions cover a multitude of unusual financial issues, which require a legal eye from time to time.
• Performing title searches for property. Title searches are integral to proving the ownership of a property and facilitating its sale.
• Handling matters that require probate or bankruptcy court action in order to clear title.
• Addressing matters concerning property subject to a lawsuit or a lis pendens.
• Selling properties with multiple owners either by agreement or filing a partition action.
• Address issues relating to easements.

Professionalism:

Successful people generally become good at what they do because of the people they surround themselves with. Agents are good at what they do, and because they want the best for themselves and their clients, their ability to offer a real estate attorney’s services if needed can communicate a commitment to professionalism.

Versatility:

A real estate agent who encounters an intricate sale or purchase that requires technical legal knowledge can also be seen as versatile by clients when they connect them with attorney services. A potential buyer or seller in need of a real estate attorney does not have to shop around and then have that person coordinate with the agent. A real estate agent with legal connections is a convenient one-stop shop.

Authority:

In situations where a client may be particularly concerned about certain nuances of the deal or if everything in a contract is iron clad, having an attorney available to review contracts and reassure clients from a legal standpoint can be quite helpful and may expedite a closing.

Affordability:

Many real estate attorneys charge either a reasonable hourly rate or a flat fee for a given service. This enables agents to have a working relationship with an attorney that they can call on as their services are needed.

Preparedness:

An agent who is prepared for both typical and atypical real estate situations via the help of an attorney is prepared. In this business, preparedness is key in successfully closing a deal and keeping all involved parties as content as possible.