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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.
Vikram C. Real Estate Investor from Phoenix, Arizona. Investment bankers charge anywhere from 3% to 10% depending on the size of the deal. Mortgage brokers make less than that on smaller deals but their effort is less. If the person is merely introducing you to someone they know, you may wish to pay a lower fee.