Thanks to the Internet, it’s easier than ever to find a real estate lawyer in Toronto. Unfortunately, quantity does not translate into quality. That can make finding a good real estate lawyer in Toronto very difficult. Which can be disconcerting for those looking to close on the biggest financial transaction of their life.
Many homebuyers looking for a real estate lawyer focus exclusively on price. And while the cost of a real estate lawyer is definitely something to take into consideration, it shouldn’t be the only thing you focus on.
Below are some of the top qualities and traits that the most successful real estate lawyers in Toronto share.
Accessibility
Buying or selling a home can be both stressful and exciting. It can also make you forget just how much paperwork needs to be filled out. Not only that, real estate transactions don’t necessarily take place during regular office hours. Most open houses take place in the evening or on the weekends. Negotiations can also take place at any time of the day, or night. And time is always of the essence when it comes to real estate law.
A good real Toronto estate lawyer understands what you’re going through and any time constraints you’re up against.
When it comes to finding a good real estate lawyer in Toronto, make sure you find one that is accessible, flexible, responds promptly to your calls or emails, is willing to meet in the evening or on the weekend, and provides offsite meetings.
Ability to Communicate
Most professions have their own terminology. Sometimes it feels like you need to have a dictionary on hand when speaking to a doctor or lawyer. Make sure this isn’t the case when you’re dealing with a real estate lawyer.
A good Toronto real estate lawyer should be able to explain complex legal real estate concepts and terms in a way that is easy to understand. They should also be able to explain what documents you are signing and why you are signing them.
Impeccable Negotiation Skills
Buying and selling a home involves a great deal of negotiation. In fact, that’s all it seems to be about. The seller wants the highest price and the buyer wants the lowest price. Both parties come together somewhere in between.
A good real estate lawyer will know how to negotiate and work with other lawyers, real estate developers, and real estate brokers. That’s why you want a real estate lawyer who knows how to communicate and has impeccable negotiation skills.
Thinks Outside of the Box
The buying and selling of a property can be routine. For real estate lawyers and brokers, there are checklists and protocols that must be followed to ensure the transaction goes smoothly. Even though a large majority of real estate transactions fall into familiar categories, every client and their property is unique.
That’s why it’s important to find a good Toronto real estate lawyer, one that will give you and your transaction the attention it deserves. This means thinking outside the box, keeping your best interest in mind, assessing your goals, and creating opportunities to deliver outstanding service.
Local Knowledge
In Canada, each province has different rules and regulations. Even different regions can have varied nuances when it comes to buying and selling a property. That’s why it’s important to find a real estate agent who specializes in the area where you want to buy or sell.
Years of Experience and a Strong Track Record
It’s not hard to find a real estate lawyer that can claim to have been in business for years or even decades. But that doesn’t mean they have a strong track record of being a real estate lawyer. At the same time, a real estate lawyer who just passed the bar exam might be enthusiastic and motivated but that doesn’t mean they have the experience you need.
Ask a Toronto real estate lawyer what their experience and relevant track record is. And look at any reviews they have online. Your real estate transaction will be in better hands if you find a real estate lawyer who has a well-respected, established presence, with good reviews.
Strong Analytical Skills
Deciding to buy or sell a home is not difficult. But the rules, laws, and paperwork associated with a real estate transaction are complicated and complex.
Real estate lawyers have spent years familiarizing themselves with all the ins and outs of real estate law; this includes having a comprehensive understanding of complex legal concepts and the nuances of the buying and selling process.
It’s their responsibility to be your advocate and scrutinize each and every deal and conduct a comparative analysis to ensure you’re getting the best deal.
For a real estate lawyer to do this, they need to have strong analytical skills. Only then will they be able to uncover any potential weaknesses or downfalls with your specific deal.
Zinati Kay – Your Real Estate Lawyer in Toronto
If you’re thinking of buying or selling a property in Toronto or the Greater Toronto Area, the experienced real estate lawyers at Zinati Kay –Real Estate Lawyers can help! We have been helping homebuyers and sellers in the Greater Toronto Area for over 50 years and have closed over 21,000 real estate transactions.
Whether you’re at the initial stages of drafting an agreement of purchase, want a title search, or you’re completing the sale of the property, a representative from Zinati Kay – Real Estate Lawyers will ensure the entire process is done fast and efficient.
Zinati Kay – Real Estate Lawyers is a full-service residential real estate law firm that provides fixed closing costs to our clients when they buy, sell, mortgage, or title transfer their property.
We provide professional service and reasonable real estate lawyer fees and have thousands of satisfied clients. If you want a professional real estate lawyer on your side as you buy, sell, refinance, or title transfer your property, contact us at (416) 321-8766 for more information about our services.