What is the difference between a real estate lawyer and a real estate broker?

A real estate lawyer and a real estate broker are two different professionals that can assist in a real estate transaction in Iowa. A real estate lawyer is an attorney who specializes in the laws associated with the transfer of real property. They are responsible for preparing and reviewing legal documents related to buying or selling of residential real estate, as well as legal guidance throughout the transaction. Additionally, a real estate attorney can help advise clients during disputes that arise during a sale or prior to closing. A real estate broker, on the other hand, assists clients in the purchase or sale of residential real estate. They typically work as a middleman between the buyer and seller, helping to facilitate the entire transaction from start to finish. A broker will generally help their clients find a property that fits their needs, set up and attend showings, represent their client in negotiations with the seller, review necessary paperwork, and ensure that all necessary deadlines are met. The key difference between a real estate lawyer and a real estate broker is that a lawyer is a legal expert who provides legal advice and assistance related to a real estate transaction, while a broker is the liaison between buyers and sellers who helps facilitate the transaction. Both are important to the real estate process, and will often have to work together to complete a successful sale or purchase of residential property.

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What is the difference between a real estate lawyer and a real estate broker?

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