Frequently asked questions
How much does it cost to get started?
Nothing up front. The cost is the same as you’d normally pay a Realtor. In residential purchases, REL attorneys are paid by sharing in the sale commission. No hourly fees are charged for legal services.
What’s the difference between a REL attorney and a Realtor?
REL attorneys are also brokers/Realtors, so they can share in the commission. As attorneys, they can also draft contracts, which a Realtor cannot. They know real estate litigation and what to avoid early in a purchase, saving buyers and sellers from costly disputes.
Does REL sell houses?
Yes, through the Elk Rapids office in Northern Michigan, where we list vacant land and residential properties valued over $300,000. As an independent broker, we can show any property listed by other brokers to buyers who prefer to use us rather than the seller’s agency.
How do I see a house with REL if you aren’t listing it?
REL attorneys are licensed brokers and can show any listed property after contacting the listing agency. REL handles all arrangements.
Will I have to sign anything?
Yes. Normally an Exclusive Buyer Agency Agreement if buying, or a listing agreement if selling. This is required by law.