Private sale in Naples, FL - no RE agent - do I need an attorney

Private sale in Naples, FL - no RE agent - do I need an attorney

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?

0Reply
27 views

Most Popular Reply

Real Estate Broker · Naples, FL · Member since 2018 · 40 posts · 24 votes
4y

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.

See this reply in the discussion

3 Replies

Jump to latestLatest
  • Real Estate Broker · Naples, FL · Member since 2018 · 40 posts · 24 votes
    4y

    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.

  • Investor · Charleston, SC · Member since 2022 · 234 posts · 198 votes
    4y

    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.

  • Stetson MillerBusiness Member
    Real Estate Broker · Fort Myers, FL · Member since 2019 · 576 posts · 423 votes
    4y

    @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

Join the conversationCreate a free account to reply, vote on answers and follow this thread.