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Unlike real estate agents, lawyers are paid on an hourly basis, and therein lies the biggest drawback of hiring a real estate lawyer in the purchase of your home--attorney's fees range from $175-$400 per hour.
Russell Quirk, of eMoov, says the fees that estate agents earn vary and can be as high as 2.5 per cent of the sale price. The average is 1.6 per cent, so for a property which sells for Â£242,000, the typical price for a property sold in 2013, commission would be Â£3,872.