SE Massachusetts · Member since 2018 · 15 posts · 1 vote
I am negotiating with a seller who does not want to list with a RE Agent. I've never bought in FL and understand they use title companies to transact there. Do I need an attorney to help draw up my offer and represent me throughout the buying process, or will/can a Title Company assist?
I'm a Real Estate Broker in Naples... without an agent involved, I think it would be a good investment to pay a Real Estate Attorney $700 or so to handle the transaction. If you need a recommendation let me know. Hope this helps.
I'm a Real Estate Broker in Naples... without an agent involved, I think it would be a good investment to pay a Real Estate Attorney $700 or so to handle the transaction. If you need a recommendation let me know. Hope this helps.
You can most likely get a standard form P&S contract from the Florida Realtor Association website or an agency that has one online. If you know the title company you plan on using, you could ask them as well what they'd be comfortable working with. You definitely don't need to create one of these from scratch or spend the money doing so, you just don't want to miss anything like disclosures etc that could come back to bite you.
@Matt McCue One other thing I don't see mentioned is that unless the seller is completely opposed to it, you could still have an agent represent you through the process for a pre-negotiated commission amount that you would be paying. This way, you could ensure all paperwork is handled correctly, and you wouldn't have to worry about contacting an attorney for the purchase. Any agent should be able to recommend a trusted title company they've worked with in the past as well, and they know exactly what the title company needs throughout the process
In addition to that, I'm not sure how busy you are, but most people aren't aware of how much work goes on behind the scenes that your agent covers. Obviously if you have an agent representing you, this would all stay behind the scenes and it's not something that you would have to get too wrapped up in