WHO PAYS THE COMMISSION?
Compensation of real estate agents, in the majority of transactions in South Florida, is carried out in the following manner:
The transaction involves two officers: the one that represents the seller and who represents the buyer and is the seller of the property responsible for paying the Commission.
HOW MUCH IS THE PERCENTAGE COMMISSION STANDARD?
In South Florida, is generally six percent (6%) on the sale price and is frequently divided into equal parts between both actors (which represents the seller and representing the buyer)
THE BUYER PAY COMMISSION?
The purchaser of the dwelling in the vast majority of cases do not pay any Commission real estate agent.
AS A SELLER, CAN I SAVE THE COMMISSION?
89% of all vendors use the advice and help of a real estate agent. Only 8% of all vendors, trying to sell the property on their own (known as For Sale By Owner), without hiring a real estate agent based on the belief of well saves six percent (6%) of the Commission.
However, it is important to take into account: