I have always believed that aspects of real estate brokerage border on the authorized practice of law without a legal license. Real estate agents and brokers contract and negotiate on behalf of their clients and interpret and explain legal concepts and instruments throughout every phase of any acquisition, sale or lease of real property. Many of these practices overlap broadly with the practice of law. Successful real estate transactions require an advocate with both market experience and legal experience.
Real estate transactions are frequently the most significant legal transactions a person will make throughout the course of his or her life and, while it therefore seems prudent to consult thereon with an attorney, most do not. Many buyers and sellers assume that their real estate agent or broker has enough broad based experience to handle every aspect of their transaction, including conducting due diligence, arranging financing, and drafting, complying with and enforcing a wide variety of legal instruments. This reliance generally ensures that such buyers and sellers leave money on the table. Like the real estate market, the real estate legal landscape is nuanced and constantly evolving. In order for a buyer or seller to ensure that they are not only finding the right deal, but also protecting their rights throughout and following the transaction, the careful selection of an advocate with legal experience is essential.
I am both a California licensed attorney and California licensed real estate broker. I review every aspect of every transaction from the Preliminary Title Report to the Closing Statement. I also help my clients arrange financing and ensure closing costs are minimized by utilizing a team of efficient and diligent inspectors, escrow agents, and title representatives. I have closed numerous transactions and have the knowledge and the resources to assist you with all your residential and commercial needs.
I think it is important to note that law does not fix the amount or rate of real estate commissions. They are set by each Broker individually and may be negotiated between Seller and Broker. There is no reason why the commission percentage on a $4,000,000 property should be the same as that of a $750,000 property. I offer competitive pricing, as I own my Brokerage, and do not have to split my commissions with a Brokerage Firm. I can pass these savings on to my clients.
I appreciate your time and if I can help you with any Real Estate transactions or issues, from brokerage to litigation, please do not hesitate to call or write.