While selling your home, you may think that the sale transaction should be pretty easy-breezy. And if you happen to have an attorney friend, you may think “hey, they can represent me. How complicated could it be?” Unfortunately, it’s a bit more complicated than that. While doing this could save you a few hundred dollars, hiring a lawyer friend with no experience in real estate law can also be a detrimental situation while you sell. Bottom line: Having an experienced real estate attorney on your side can be worth his or her weight in gold and save you a mountain of stress and anxiety.
Understanding the nuances of a real estate transaction from the seller’s perspective is absolutely essential when choosing an attorney to represent your interests in the sale of your property. Knowing when it’s appropriate to push back and when it’s appropriate to acquiesce to the demands of your buyer is something that comes with a lot of career experience in transacting hundreds of sales every year. Knowing what is reasonable to negotiate in your purchase and sale agreement and what isn’t only comes with professional practice.
I’ve seen multiple instances where a client doesn’t take our advice and hires their friend. Unfortunately, more often than not, the client regrets this decision and saving a few bucks wasn’t worth it in the end.
Because selling your home is a stressful event already, why complicate it any further if you don’t have to? We really can’t stress the importance of having an experienced and professional team on your side enough. Do yourself a favor and let the real estate pros handle it.