Lawyer vs real estate agent?

[Dylan Pinkus]

We have a connection with a local real estate attorney and are looking for any pros and cons to using them vs a real estate agent on transactions. The lawyer does have a transaction maximum that not dependent on the sale price... on the other hand, real estate agents may have a better grasp on the market price...

[James Galla]

@Dylan Pinkus, I wouldn't outright generalize a real estate attorney's knowledge of the market, especially if they handle real estate investments on top of their transactional practice or if the handle commercial transactions. The problem is that the attorney may not subscribe to MLS and if they do, they may not be willing to show you a bunch of houses. On the other hand, if you proceed without an agent, you can negotiate a a lower price based on the lack of a buyer's agent's commission. This just requires you to do all the work of setting up appointments, etc, while the attorney handles the transaction. You may also see some tax benefits, but you should follow up with a CPA for that.