Step 25 of 48 Phase 4: Make an Offer & Negotiate
4.2 Find An Attorney/Escrow Agent
An attorney or escrow agent ensures your transaction closes properly and protects your interests. Depending on your state, you may need a real estate attorney, an escrow company, or both.
What They Do
- Review and prepare legal documents
- Hold earnest money in escrow
- Coordinate the closing process
- Ensure all conditions are met before closing
- Handle fund disbursement at closing
Service Provider Comparison
| Provider | When Needed | Typical Cost |
|---|---|---|
| Real Estate Attorney | Required in some states, complex deals | $500-$1,500+ |
| Escrow Company | Common in Western states | $300-$700 |
| Title Company | Title search and insurance | $1,000-$2,500 |
| Closing Agent | Coordinates final paperwork | Often included |
Pro Tips
- Ask your agent for recommendations in your area
- Verify the attorney specializes in real estate transactions
- Get a fee estimate in writing before committing
- Check reviews and ask for references
- Confirm they are available for your expected closing timeline