Has anybody opened a residential real estate law firm? What are the margins and hours like? Thanks!

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Looking to do this actually, so interested to see the responses. I would like to open title company as well, so it’s a one-stop shop deal, all in house.

Does it involve a lot of networking with real estate agents?

How does one build a solid book of business?

What types of legal services do you offer? Contract drafting/review, quiet title actions, foreclosure and LL/T matters come to mind; probate, too. Anything else? Would it muddy the waters too much?

Any reasons why it would be more advantageous to stick to specifically residential vs. Commercial ? Reasons not combine both?

Alas, some of my thoughts above; will edit if more comes to mind lol 💭

Who do you approach with these types of questions anyways (besides you fishies 🐠)?
Your local bar association?; Get a consultation with an attorney in the field and ask all your questions (which I’m sure a lot of answers will be “it depends lol) ?; where/how do you find a mentor like this, who will take the time to answer/guide/assist/advise on these things?

OP: feel free to DM me if you’re down to chat about this more, maybe throw some ideas around or give each other perspective.

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