ContractsCounsel Logo
Home Blog How much does a real estate contract cost?

Jump to Section

ContractsCounsel has assisted 277 clients with real estate contracts and maintains a network of 142 real estate lawyers available daily. These lawyers collectively have 20 reviews to help you choose the best lawyer for your needs.

How Much Does a Real Estate Contract Cost?

Based on ContractsCounsel’s marketplace data, the average cost of a project involving a real estate contract is $690 [1].

Average Cost Data from Lawyers on ContractsCounsel

All Real Estate Purchase Agreement Projects:
Drafting a Real Estate Purchase Agreement:
Reviewing a Real Estate Purchase Agreement:

Based on 33 recent projects completed by lawyers on ContractsCounsel.

Last updated: 4 June, 2024

What is a Real Estate Contract?

A real estate contract is a legally binding agreement that outlines the terms and conditions surrounding the sale and purchase of a property. This document is executed by the party selling the property and the party agreeing to buy the property.

This contract will cover important details about the real estate transaction including:

The contingency clauses in a real estate contract are especially important because if a contingency is not met during the specified period, the real estate contract may be voided, and the seller could walk away from the deal along with their deposit.

Real estate contracts are vital documents for buying or selling a home and they must be in writing to be legally enforceable. It is common for a parties involved in a real estate transaction to hire an attorney to draft this contract.

A real estate lawyer will have the knowledge and experience needed to draft a comprehensive real estate contract that protects both the buyer and the seller throughout this process.

See Real Estate Purchase Agreement Pricing by State

What’s Included in a Real Estate Contract

Real estate contracts can be complicated and need to include various provisions to protect each party and ensure a smooth transition of ownership of property. Even the simplest real estate contracts should include these important clauses:

  1. Purchase Price. The cost of the property is usually the biggest concern for both the buyer and the seller and should be clearly noted.
  2. Financing Terms. Most real estate transactions involve the buyer taking out a mortgage to purchase the property. A buyers offer will be contingent upon obtaining financing. If the buyer is paying cash, this should be included in the contract because cash deals simplify the process.
  3. Seller Assist. It is common for real estate contracts to ask that the seller pays some or all the closing costs. The contract should specify how much of the closing costs the buyer is requesting whether it is a dollar amount or percentage of the purchase price.
  4. Contingencies. Contingency clauses are important in a real estate contract. These requirements must be met before the closing date and can include stipulations like:
    1. The buyer must sell their current home
    2. Repairing issues found in the home inspection
    3. Obtaining financing
  5. Home Inspection. Before a house can be sold, it needs to undergo a home inspection. The inspection will reveal any structural issues or damage that need to be repaired before the sale can go through.
  6. Fixtures and Appliances. Some real estate transactions will include appliances and fixtures with the house. This can include the refrigerator, dishwasher, stove, washing machine, or light fixtures. If the buyer and seller agree on what fixtures will be included in the home sale, it needs to be in writing.
  7. Closing Date. The closing date is the day that the deal will be finalized, and the real estate transaction is complete. Common closing date time frames are 30, 45, or 60 days. This gives buyers and sellers enough time to work through contingencies, secure financing, and move out.

Types of Real Estate Contracts

There are four main types of real estate contracts, purchase agreement contracts, contracts for deed, lease agreements, and power of attorney contracts.

  1. Purchase Agreement Contract. This is the most used real estate contract – a purchase and sale agreement. It lays out the terms and conditions surrounding the sale and purchase of a house between a buyer and seller. There are several types of purchase agreements that can be used for a real estate transaction but a lawyer can help you choose which contract is best for you.
  2. Real Estate Assignment Contract. Real estate assignment contracts are not typical home purchase agreements. These contracts are used for wholesale investment purchases. Assignment contracts require additional terms than a basic purchase agreement and this contract should be drafted by an experienced attorney.
  3. Lease Agreement. A lease agreement isn’t used for the sale of real estate, but for renting real estate. The contract is executed between a landlord (owner) and tenant (renter). The tenant agrees to pay a monthly rent and sometimes additional fees for utilities.
  4. Power of Attorney. When a party is unable to sign a contract (not in the area, for example) they can appoint another party to act as the power of attorney to sign the contract on their behalf. This isn’t very common in real estate transactions but there are circumstances in which a power of attorney is necessary.

Examples of Real Estate Contract Projects

Real Estate Contract Drafting Services

Real estate contracts can be complicated documents and it may be difficult to determine which type of contract you need for your transaction. If you plan to buy a home and need a real estate contract, it is recommended that you consult with a real estate attorney for drafting services.

A real estate attorney will know the laws that surround real estate transactions, draft a contract specific to your needs, and typically will even attend closing with you.

Real Estate Contract Review Services

It is customary for the buyer to provide the real estate contract, so the seller should be prepared to hire a real estate lawyer to review the contract on their behalf. Contracts generally favor the writer, so it is important for a buyer to have their own attorney review the contract to ensure it is fair and protects their interests.

An experienced contract lawyer can review the terms of the contract and make sure that the seller is protected. The lawyer will also explain the contract to the seller if they are confused about any terms.

Meet some lawyers on our platform

Ryenne S.

673 projects on CC
CC verified
View Profile

Daehoon P.

203 projects on CC
CC verified
View Profile

Danny J.

13 projects on CC
CC verified
View Profile

Michael K.

102 projects on CC
CC verified
View Profile

How Much Does it Cost to Draft a Real Estate Contract?

If you hire a lawyer to draft a real estate contract, it will come with costs. Your lawyer may charge a consultation fee, drafting fees, and for their time at the closing.

ContractsCounsel’s marketplace data shows real estate contract drafting costs to be $880 across all states.

How Much Does it Cost to Review a Real Estate Contract?

As a seller, if you choose to hire your own attorney to review the real estate contract, you will be responsible for those legal fees.

ContractsCounsel’s marketplace data shows the average real estate contract review costs to be $620 across all states.

How Do Lawyers Charge for a Real Estate Contract?

Hourly Rates for Real Estate Contracts

Real estate lawyers typically bill clients using an hourly rate fee agreement. The attorney will keep track of their time working on the contract and any other tasks that they complete related to the real estate transaction. After closing, the lawyer will bill their client for the total hours spent working on their case.

ContractsCounsel’s marketplace data shows the average hourly rate for a real estate lawyer ranges from $250 - $350 per hour.

Flat Fee Rates for Real Estate Contracts

When a lawyer is hired for a specific task like reviewing a real estate contract, they may choose to bill their client using a flat fee rate. The lawyer will estimate the length the project will take to complete then quote an appropriate price. If the client agrees, they will pay the fee upfront and the lawyer will complete the project.

It is important that a client asks the attorney what is covered in the flat rate. Sometimes extra meetings, communications, or revisions are not included and could cost more.

ContractsCounsel’s marketplace data shows the average flat fee rate for a real estate contract is $690.

Get Help with a Real Estate Contract

Do you need help with a real estate contract project? If so, post a project in ContractsCounsel’s marketplace to receive flat fee bids from business lawyers to handle your project. All lawyers on the ContractsCounsel’s platform are vetted by our team to make sure you are provided with top tier service.


  1. ^ Based on real pricing data from ContractsCounsel's marketplace. Last updated 4 June, 2024.

ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.

Need help with a Real Estate Contract?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 11,588 reviews

Meet some of our Lawyers

Bobby H. on ContractsCounsel
View Bobby
5.0 (5)
Member Since:
June 22, 2023

Bobby H.

Associate Attorney
Free Consultation
Atlanta, Georgia
11 Yrs Experience
Licensed in GA
University of Miami School of Law

Bobby E. Hill, Jr. is a native of Tuscaloosa, Alabama and holds undergraduate degrees in music and business administration from Xavier University of Louisiana. He received his Juris Doctor from the University of Miami School of Law where he was a staff and articles editor for the school’s Race & Social Justice Law Review and a student attorney in the institution’s Immigration Clinic. In addition to freelancing, Bobby is currently a litigation associate at Johnson & Freeman, LLC, a boutique litigation firm in Atlanta, Georgia, where he practices in the firm's Condemnation, Probate, Real Estate Litigation, Real Estate Transactions, E-Discovery and Business and General Civil Litigation Practice areas. In this role, Bobby has acquired appreciable experience in drafting memoranda of law for partners and senior counsel, and all litigation related pleadings including pleadings related to dispositive motions, discovery, appeals, and other post-judgment relief.

Amber M. on ContractsCounsel
View Amber
5.0 (13)
Member Since:
March 8, 2023

Amber M.

Free Consultation
9 Yrs Experience
Licensed in AZ, OK
J. Reuben Clark Law School

Amber Masters has over 9 years of experience as a contracts attorney, helping small businesses with an array of agreements, such as purchase agreements, master service agreements, and employment contracts. She has an extensive background in employment agreements for dentists, doctors, and other health care professionals. She is a highly rated and acclaimed estate planning attorney and personal finance expert, who has been featured on CNBC, NBC, and Yahoo Finance. She successfully launched and sold a fintech startup and can empathize with the issues small and mid-size businesses face. Licensed in Oklahoma and Arizona.

Namrita N. on ContractsCounsel
View Namrita
4.9 (12)
Member Since:
August 18, 2021

Namrita N.

Attorney at Law
Free Consultation
Plano, TX
4 Yrs Experience
Licensed in MN, TX
Mitchell Hamline School of Law

Retired Dentist transitioned to Law, with a special interest in Commercial Real Estate, Startup businesses, Asset Purchase Agreements, and Employment Contracts. I love to help dentists and physicians with legal issues pertaining to licensing, credentialing, employment, and general business-legal questions.

Nancy S. on ContractsCounsel
View Nancy
Member Since:
May 21, 2023

Nancy S.

Free Consultation
Houston, Texas
42 Yrs Experience
Licensed in TX
University of Houston

Seasoned corporate, business and real estate attorney with 30 years experience managing private practice groups and in-house legal functions for publicly traded, privately held, and family companies.

Bethany T. on ContractsCounsel
View Bethany
Member Since:
May 22, 2023

Bethany T.

Free Consultation
Florida and California
15 Yrs Experience
Licensed in CA, FL
Chapman University School of Law

I am an experienced family law attorney licensed in California and Florida with over 13 years of experience.

Maria M. on ContractsCounsel
View Maria
Member Since:
May 21, 2023

Maria M.

Free Consultation
North Carolina
28 Yrs Experience
Licensed in NC, NJ, PA
Temple University Beasley School of Law

I have worked for over 20 years in the areas of family law, business formation, contracts and real estate law. In the area of family law, I represent clients in all areas of family law including child custody, child support, spousal support and marital property division as well as preparing prenuptial and separation agreements. I am experienced in real estate law, including commercial and residential leases, preparing various types of real estate related contracts. I am also experienced in business formation among other business law matters. I currently work in the area of grant management with the Small Business Administration.

Don K. on ContractsCounsel
View Don
Member Since:
May 22, 2023

Don K.

Free Consultation
2 Yrs Experience
Licensed in AL
Lincoln Memorial University

Oliver Keene is not your typical attorney. With a personal touch and a passion for helping others, he goes above and beyond to provide exceptional legal services. Born and raised in the heart of the Appalachian coalfields, Oliver understands the value of hard work and perseverance. His small-town upbringing instilled in him a deep sense of community and a commitment to making a difference in people's lives. Oliver's journey in the legal field began with a Bachelor's degree in Criminal Justice from Bluefield University. He went on to earn his Juris Doctorate from Lincoln Memorial University - Duncan School of Law, where he excelled in his studies and developed a strong foundation in law. Throughout his career, Oliver has gained invaluable experience working as a public defender, an attorney advisor for the Small Business Administration, and in various legal roles. With a focus on estate planning and business law, Oliver is dedicated to helping individuals and families protect their assets, plan for the future, and navigate the complexities of the legal system. His approachable demeanor, attention to detail, and genuine care for his clients set him apart. Oliver's clients can trust that he will go the extra mile to ensure their legal needs are met with the utmost professionalism and personalized service. Outside of his legal practice, Oliver enjoys spending time with his wife and daughter, exploring the great outdoors, and indulging in his passion for hunting and fishing. His commitment to serving military families is evident in his offering of discounted services as a token of gratitude for their sacrifices. When you choose Oliver Keene as your attorney, you're not just hiring a legal professional - you're gaining a trusted advisor and a compassionate advocate. With Oliver by your side, you can have confidence that your legal matters will be handled with the highest level of expertise and care.

Find the best lawyer for your project

Browse Lawyers Now

Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.

View Trustpilot Review

Need help with a Real Estate Contract?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 11,588 reviews
See All Real Estate Lawyers

Contracts Counsel was incredibly helpful and easy to use. I submitted a project for a lawyer's help within a day I had received over 6 proposals from qualified lawyers. I submitted a bid that works best for my business and we went forward with the project.

View Trustpilot Review

I never knew how difficult it was to obtain representation or a lawyer, and ContractsCounsel was EXACTLY the type of service I was hoping for when I was in a pinch. Working with their service was efficient, effective and made me feel in control. Thank you so much and should I ever need attorney services down the road, I'll certainly be a repeat customer.

View Trustpilot Review

I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.

View Trustpilot Review

Need help with a Real Estate Contract?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 11,588 reviews

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call

Find lawyers and attorneys by city