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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.
Management Fee â 7.7% â 8.8%. Lease renewal â $200. Advertising â $150. Postage/Admin â $8 per month. As an example, If your property was $400 per week and you advertised and renewed your lease within the one year the basic cost of using a Real Estate Agent will be around $2047 at 7.7% management fee.