Real Estate Attorney Salary
The average Real Estate Attorney in the United States can expect to rake in roughly $67K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Most Real Estate Attorneys like their work and job satisfaction is high. Male Real Estate Attorneys are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 51 percent of the field. A strong majority report receiving medical coverage from their employers and over one-half collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
|Salary||$46,014 - $135,790|
|Bonus||$976 - $31,441|
|Total Pay (||$47,498 - $148,182|
Job Description for Real Estate Attorney
Few business transactions can be as complicated, or symbolic of the risks of financial resources, as those involving real estate. Real estate attorneys are lawyers who specialize in this area. Their work revolves around assisting buyers and sellers in working through difficult contracts and closing language, and also represent interested parties when civil remedies through lawsuits are involved. They may also represent interested parties in foreclosure proceedings.Read More...
Even in standard real estate transactions, one or both parties may feel the need to retain the services of a real estate attorney. The attorney will help work out any problems with the contract and may help negotiate problems that can arise through inspections, assessments, or environmental issues with the property being sold.
In the event that problems arise in a real estate deal which cannot be resolved without incurring damages or hardship, a real estate attorney typically represents a buyer, seller, broker, or financier as necessary in civil actions regarding the aborted transaction. In the event of foreclosure proceedings, a real estate attorney can defend the homeowner against the property being deeded back to the financier, or may represent that financial services company in an effort to secure judgment in taking back possession.
A real estate attorney should specialize in real estate and contract law at a university, and this person must need to be certified by all local bar associations to practice this specialty. Those in this position typically work in a law office environment, but travel for the job is fairly common, as well.
Real Estate Attorney Tasks
- Meet stringent deadlines.
- Represent client in all real estate business dealings and make executive decisions as needed.
- Negotiate and draft real estate documentation, including leases, licensing, and purchasing and selling agreements.
- Maintain client confidentiality.
Pay by Experience Level for Real Estate Attorney
Pay by Experience for a Real Estate Attorney has a positive trend. An entry-level Real Estate Attorney with less than 5 years of experience can expect to earn an average total compensation of $61,000 based on 86 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Real Estate Attorney with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $73,000 based on 29 salaries. An experienced Real Estate Attorney which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $112,000 based on 18 salaries. A Real Estate Attorney with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $141,000 based on 11 salaries.
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Key Stats for Real Estate Attorney
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