Real Estate
Mar. 27, 2024
Real estate settlement may create opportunities for lawyers
Attorneys could fill the void created by the real estate community’s failure to adjust, negotiating contracts and writing documents, with realtors, inspectors, and other professionals brought in on an ad hoc basis, some believe.
The landmark settlement the National Association of Realtors signed this month could have ripple effects across many other professions--including, and perhaps especially, for attorneys. In fact, some real estate attorneys say, there will be new opportunities to represent home buyers on a flat fee or hourly basis.
"Whether or not there's an opportunity created for the legal community depends on what the real estate community does," said Ke...