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Real estate paralegal hiring summary. Here are some key points about hiring real estate paralegals in the United States:
Here's a step-by-step real estate paralegal hiring guide:
A Real Estate Paralegal helps real estate lawyers with a variety of tasks, such as offering advice to clients, doing research, and preparing documents. They collaborate with landlords, housing managers, or other real estate personnel.
Before you start hiring a real estate paralegal, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A real estate paralegal's background is also an important factor in determining whether they'll be a good fit for the position. For example, real estate paralegals from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of real estate paralegals and their corresponding salaries.
| Type of Real Estate Paralegal | Description | Hourly rate |
|---|---|---|
| Real Estate Paralegal | Paralegals and legal assistants do a variety of tasks to support lawyers, including maintaining and organizing files, conducting legal research, and drafting documents. | $23-45 |
| Legal Administrator | The job of legal administrative assistants is to provide support to lawyers and paralegals. They typically perform legal research, manage schedules, and draft legal-related documents... Show more | $15-31 |
| Legal Clerk | A legal clerk is responsible for performing administrative and clerical duties to legal offices and organizations to ensure smooth legal business operations. Legal clerks sort and distribute documents to the appropriate personnel, update information on the database, schedule appointments, respond to clients' inquiries and concerns, and document meeting objectives... Show more | $11-23 |
Including a salary range in your real estate paralegal job description is one of the best ways to attract top talent. A real estate paralegal can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $89,470 | $43 |
| 2 | Washington | $82,337 | $40 |
| 3 | Oregon | $78,002 | $38 |
| 4 | New Jersey | $77,134 | $37 |
| 5 | Colorado | $77,018 | $37 |
| 6 | District of Columbia | $75,282 | $36 |
| 7 | Arizona | $72,770 | $35 |
| 8 | Illinois | $72,050 | $35 |
| 9 | New York | $69,492 | $33 |
| 10 | Utah | $68,512 | $33 |
| 11 | Connecticut | $68,290 | $33 |
| 12 | Massachusetts | $68,254 | $33 |
| 13 | Texas | $67,507 | $32 |
| 14 | Minnesota | $66,606 | $32 |
| 15 | Virginia | $62,675 | $30 |
| 16 | Maryland | $62,167 | $30 |
| 17 | Georgia | $62,167 | $30 |
| 18 | Florida | $54,816 | $26 |
| 19 | North Carolina | $52,603 | $25 |
| 20 | South Carolina | $51,467 | $25 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Kane Russell Coleman Logan | $93,990 | $45.19 | |
| 2 | Walgreens | $89,578 | $43.07 | |
| 3 | Morgan Stanley | $88,496 | $42.55 | 13 |
| 4 | Fidelity National Financial | $87,386 | $42.01 | 1 |
| 5 | Simon Property Group | $83,001 | $39.90 | 2 |
| 6 | Macerich | $81,186 | $39.03 | 5 |
| 7 | Ross Stores | $81,051 | $38.97 | 2 |
| 8 | Prologis | $80,813 | $38.85 | 9 |
| 9 | Kent Daniels & Associates | $80,337 | $38.62 | 16 |
| 10 | CVS Health | $79,296 | $38.12 | 4 |
| 11 | Koch Industries | $78,950 | $37.96 | |
| 12 | Starbucks | $78,741 | $37.86 | |
| 13 | Holland & Knight | $78,211 | $37.60 | 9 |
| 14 | Sheppard Mullin Richter & Hampton | $77,027 | $37.03 | |
| 15 | Fortress Investment Group | $75,827 | $36.46 | |
| 16 | Mission Regional Medical Center | $75,094 | $36.10 | 1 |
| 17 | Citizens Financial Group | $74,726 | $35.93 | 2 |
| 18 | Reid and Riege | $74,683 | $35.91 | |
| 19 | Richmond American Homes | $74,674 | $35.90 | |
| 20 | Ortale Kelley | $74,406 | $35.77 |
A job description for a real estate paralegal role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a real estate paralegal job description:
There are a few common ways to find real estate paralegals for your business:
To successfully recruit real estate paralegals, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up 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 decided on a perfect real estate paralegal candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Hiring a real estate paralegal comes with both the one-time cost per hire and ongoing costs. The cost of recruiting real estate paralegals involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of real estate paralegal recruiting as well the ongoing costs of maintaining the new employee.
The median annual salary for real estate paralegals is $68,387 in the US. However, the cost of real estate paralegal hiring can vary a lot depending on location. Additionally, hiring a real estate paralegal for contract work or on a per-project basis typically costs between $23 and $45 an hour.