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

A real estate lawyer and a real estate broker both perform important roles in the process of buying and selling a home in New York. However, these two professionals differ in their job duties and skills. A real estate lawyer is an attorney who specializes in the legal aspects of real estate transactions. They possess knowledge of residential real estate law and can advise clients on their rights and responsibilities, provide legal counsel throughout the purchase and sale process, and ensure that legal documents are properly created and executed. A real estate broker is a licensed professional who helps facilitate a home purchase. They possess knowledge of the real estate market and act as a liaison between the buyer and seller. They help clients find the right property, negotiate on their behalf, and provide support throughout the purchase and sales process. In summary, a real estate lawyer is a professional with legal knowledge who is involved in the legal aspects of a real estate transaction, while a real estate broker is a licensed professional involved in the process of buying and selling a home. Both professionals are important for the successful purchase and sale of a home in New York.

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