Choosing a Chicago Real Estate Law Firm | Mages & Price

What You Should Know When Hiring a Real Estate Attorney in Chicago

reala-estate-attorney-chicagoPurchasing or selling a home is one of the biggest investment decisions you’ll make in your life. It makes sense to be sure everything is in order from the start by hiring a Chicago real estate law firm to represent you throughout the sales process. Follow these tips to ensure you’re hiring an attorney that has the experience you need to protect your interests in a real estate transaction.

4 Pieces of Advice to Follow When Hiring a Real Estate Attorney in Chicago

  1. Don’t Hire an Inexperienced Attorney. This is one of the most common pitfalls of homebuyers and homeowners. They want to save money or they want to give an attorney friend business so they hire that person, ignoring the fact that their field of expertise is not real estate. Always hire an attorney whose main practice is real estate. They’ll be better prepared and be able to give you realistic expectations for your transaction.
  1. Start Looking Early. You’ll want to start looking for your real estate attorney once you decide to buy or sell. This will give you time to research and interview attorneys and find one that meets your needs without being rushed by a looming closing date.
  1. Do Your Research. Once you’ve identified a few lawyers or firms, learn as much as you can about them. You should be able to learn the basics, such as areas of expertise and years in practice, from the firm’s website. Once you’re satisfied that they meet your basic needs, interview them. Cover details such as their background, how many real estate transactions they perform every month, what their services include and their fees.

Trust Your Instincts.Don’t discount any gut instincts you may have about the firm or the attorney. You’ll need to work closely with the attorney during the transaction and you’ll be relying on this person to ensure your interests are protected. Choose a lawyer you trust;  who communicates well with you and in a manner you understand.

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