A real estate lawyer or a real estate agent – who should you approach first when it comes to either buying or selling a home in Edmonton?
We know many people still can not figure out the chief difference between these two professionals or when to reach out to them.
Well, for real estate agents and lawyers, you should look at them like this – they are two important players in buying or selling a home and each has a different role to play.
They both(surprisingly) help those who want to conduct home transactions, but not in a similar manner. A real estate agent is a professional person who helps you with buying a house or when you need to sell your own house. On the other hand, a real estate lawyer is the individual who will make sure that the legal procedures of either selling or buying a house are properly followed.
Okay, now let’s discuss more about real estate agents and real estate lawyers in Edmonton so that you will realize how exactly each of them can help you.
What Real Estate Lawyers Do in Edmonton
Real estate lawyers are important especially when you are buying a house in Edmonton. They help you in addressing any legal circumstances that may occur during the process. And, you must know that legally, one has to involve a real estate lawyer when buying a house in Edmonton, Alberta. These lawyers assist in the validation process to prove that the property being sold belongs to the seller and is lawfully transferred to you the buyer.
It’s natural to get tempted to talk to your estate planning lawyer about the purchase of a new home. But, it is always better to approach a lawyer who deals with real estate. These lawyers easily deal with property title deeds as well as the laws operating within particular regions in relation to property, insurance, and inspection. If you already have an estate planning lawyer, you could inquire if their firm also has a real estate lawyer.
Real estate lawyers are quite busy performing numerous essential tasks for real estate transactions. They offer recommendations regarding the real estate laws, prepare contracts and incorporate them on issues such as purchase agreements and mortgage contracts as well as facilitate the closing of the deal. They can help resolve any issues that may arise from the contract in case of the existence of disputes concerning the contract. At times, they may even advocate on your behalf when you are involved in real estate issues in court.
These lawyers are not only resourceful when it comes to purchasing homes. They assist tenants who have issues with their landlords, or landlords with items such as leases, tenancy agreements or rental forms. If someone is financially not well-off, these real estate lawyers can help in foreclosures, bankruptcies and short sales.
What Real Estate Agents Do in Edmonton
However, the role of real estate agents in Alberta is not the same. They interact with stakeholders in the real estate business, seeking homes that fit the needs of their clients. Licensed real estate agents in Alberta also assist you in getting a good mortgage. They have the duty to advise you when you are buying a home and also guide you to make the right decision.
There are a lot of things that real estate agents actually do. They advertise homes for sale and prepare them to be viewed by people. They arrange for open houses and accompany the buyers to the house for viewing. When you’re buying, they can advise on the right price to begin the bargain and ways of beautifying the house for sale. They also display homes that are for sale.
Another crucial role that agents perform is to ensure that the transaction between the buyer and the seller is finalized. They can also look at various mortgage options and select the most suitable one with you.
Peter B Mason Real Estate Lawyers – Helping with Your Real Estate Needs
Our clients and Three Best Rated have named us one of the top Real Estate Law Firms in Edmonton. We have the best real estate property lawyers in Edmonton.
If you need to buy or sell property, we give you a way to do so online without leaving your home. We don’t work on an hourly basis. We do not have any hidden charges and mainly operate with clear, flat rates together with possible disbursements. Our team is capable and ready to work with clients in English, Cantonese, Punjabi and Hindi. We are located in Edmonton and Calgary with four offices; thus, we can conveniently arrange an appointment for you.
Visit our website! Or, call us today!