If you sign a listing contract
with a realtor, you will be signing certain rights away, including whether you
have the right to sell the property yourself without having to pay a
commission; also, if you talk with a potential buyer about contractual terms,
there may be a number of relevant legal things of which you are unaware, which
should also be discussed.
The best time for you to talk to
the lawyer is before you do any of these things, and by doing so, you can
discuss and evaluate various rights and obligations that you will have. Also, if a realtor presents a proposed
listing contract to you, it is generally advisable to have your lawyer review
it before you sign it. All too
often, people go forward with these sorts of transactions, signing the
contracts, and then take them to their lawyers to review them after things are
signed. Ordinarily, that is too late to
make modifications!
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