real estate attorney

Selling your home can be a long and complicated process. And while your real estate agent may be able to help you manage your listing and set a fair asking price, they’re not the only professional you’ll want to have on your side. Many homeowners can benefit from working with an experienced Illinois real estate lawyer as soon as they make the decision to sell their home. 

1. They Can Reduce the Risk of Legal Issues Interrupting Your Sale

When you accept an offer on your home, you want the sale to go through without a hitch. Unfortunately, legal issues can end up interrupting the sale of your home and could lead your prospective buyers to rescind their offer. By working with an experienced real estate attorney from the very beginning, you’ll be able to reduce the risk of those legal issues causing problems down the line. Your attorney can research your property and make sure there are no zoning issues, outstanding liens, or other potential problems that could delay your sale. 

2. They Can Create Your Real Estate Contract

The real estate contract outlines your responsibilities as a seller, the obligations of the buyer, and any other relevant terms pertaining to the sale of your home. Though you can use a standard contract (which is common with many realtors), creating a detailed real estate contract that’s specific to your home and your needs can be a better choice. Your attorney will be able to create that contract for you. And if you decide to use a more standard contract, they can review the terms to make sure your interests are fully protected.

3. They Can Reduce the Stress of Selling Your Home

Selling your home can be stressful even under the best conditions. But when you add negotiating with the buyers and making sure everything associated with the sale is set up in a way that’s legally binding can make things even more stressful. Working with an experienced Illinois real estate attorney from the beginning can reduce the stress you experience around the entire process. 

4. They Work for You and No One Else

Real estate agents in Illinois are allowed to represent both the buyer and seller at the same time. This may seem convenient, but it can also be a conflict of interest. Their loyalty is divided between you and the buyer. This can hurt negotiations since they’re motivated to also help the buyer get the lowest price possible. Real estate attorneys are only permitted to represent either the buyer or the seller, not both. That means you’ll have someone in your corner who can help you negotiate as needed. 

Work With an Illinois Real Estate Lawyer

If you’re gearing up to sell your home, make sure you’re working with the right professionals. Team up with a real estate agent you can trust to help you find the right buyer and work with an experienced Illinois real estate lawyer to help streamline the sale and take the stress out of the process.

At Legacy & Life Law Firm, our team is here to help. Contact us today to schedule a consultation and see how our dedicated real estate attorneys can make selling your home easier.