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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.
1 Be prepared to meet with the attorney; read through the lease or sales contract, and make notes on anything you don't understand and want the lawyer to explain. 2  Lawyers.com explains how to prepare to meet with a real estate attorney.3  Referrals to real estate attorneys are available through Lawyers.com and FindLaw.com. An attorney will typically charge an hourly rate of $200-$500 or more to review real estate contracts.