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Understand the differences between a real estate lawyer and agent

On Behalf of | Jun 9, 2022 | Real Estate Law |

If you’re purchasing property in Florida, you may want to use a real estate agent to help find listings that match your requirements. However, getting assistance from a legal professional is best if you need legal advice. They have studied the law and understand how to interpret it correctly. A real estate agent could potentially lose their license if they try to practice law.

Benefits of using a real estate agent when buying a house

Using a real estate agent to buy a house can be a fantastic way to facilitate this transaction due to the following factors:

  • They understand specific neighborhoods.
  • They can prepare a comparative market analysis
  • They can spot home defects and negotiate on repairs.

Most lawyers leave these actions to qualified real estate agents. If a real estate agent gets a question pertaining to legal advice, they may try to answer it indirectly. For example, if asked whether they can get the deposit back and cancel a purchase contract, a realtor may point them towards a clause in the contract pertaining to this question. They can also explain what happens based on their experience.

Benefits of hiring a real estate lawyer

Choosing a real estate lawyer is best when you require legal advice about a property. Licensed lawyers can help with the following:

  • Explain the legal protections you have as a seller or buyer
  • Create or review a real estate contract
  • Provide legal advice on any part of the real estate process

While real estate lawyers can create and help review a contract, they don’t sell real estate professionally. If you have a legal question, it’s best to speak to a real estate lawyer rather than find yourself in a legal bind.

Knowing the differences between a real estate agent and a real estate lawyer can help you understand who is the best source of legal advice.