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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.
Some real estate agents charge the landlord a commission based on the yearly amount collected. If the tenant is paying $1,000 per month, and the agent is charging 10 percent, heâll get $1,200.00 for finding a tenant and writing the lease.