Which Real Estate lawyer when sale price is <$300k

Yes, certainly. Please send me an email and I will gladly provide my blog post on this subject.

kharby@RutenbergRealtyNY.com

Maybe I am being naive, but shouldn't the legal fee be the same regardless of the contract price of the coop? Does it take more work to review the by-laws, finances and terms of the contract for a $100 million coop versus a $100K coop?

the legal fees should be the same.

Same with the broker fees. Put that in your pipe and smoke it.

yes, legal fees are static and the work is relatively the same regardless if the sale price is 300k or 1M. They still need to review offering plan, 2yrs financials, edit comments on contract, review minutes, etc..and most attys have a flat fee for those services.

...and the lawyer could spend more time on the transaction than the broker (if the unit is priced at market). For $2500 or so.
Remind me why some people are willing to pay a broker 6% of the transaction but hire the cheapest lawyer they can find? Back-assward if you ask me. And the lawyer is BY FAR more qualified to do the deal, not to mention the legal fiduciary relationship (by law). The first flat-free brokerage (that is actually qualified as experts) is going to own the market. Maybe in my next life.

ironically, most lawyers have a brokers license. Do most brokers pass the Bar exam?

borkers are uncecessary impediments to deals--a good lawyer who is truly loyal to his clietn (not referred by some borker who wouldnt refer if lawyer didnt rubber stamp crappy deals) is essential

if anything, if a lawyer isnt liked by borkers, that is a good sign