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Real estate lawyer hiring summary. Here are some key points about hiring real estate lawyers in the United States:
Here's a step-by-step real estate lawyer hiring guide:
The real estate lawyer hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
Hiring the perfect real estate lawyer also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
The following list breaks down different types of real estate lawyers and their corresponding salaries.
| Type of Real Estate Lawyer | Description | Hourly rate |
|---|---|---|
| Real Estate Lawyer | Real estate brokers and sales agents help clients buy, sell, and rent properties. Although brokers and agents do similar work, brokers are licensed to manage their own real estate businesses... Show more | $21-51 |
| Broker | Brokers can either be a firm or an individual acting as an intermediary between a securities exchange and an investor. They often provide services to individual investors and traders who cannot engage directly with security exchanges, which only accept orders from their members... Show more | $32-109 |
| Real Estate Sales Supervisor | Real estate attorneys are legal professionals whose expertise focuses on real estate law and legislation. They are responsible for preparing and reviewing documents related to real estate, including mortgage documents, title documents, and purchase agreements... Show more | $12-34 |
Including a salary range in your real estate lawyer job description is one of the best ways to attract top talent. A real estate lawyer can vary based on:
A real estate lawyer job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a real estate lawyer job description:
There are a few common ways to find real estate lawyers for your business:
Your first interview with real estate lawyer candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the real estate lawyer candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
After that, you can create an onboarding schedule for a new real estate lawyer. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Before you start to hire real estate lawyers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire real estate lawyers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $70,398 per year for a real estate lawyer, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for real estate lawyers in the US typically range between $21 and $51 an hour.