Frequently Asked Questions

Real Estate/Relocation

How are real estate brokerage commissions paid in Florida?
Rental or sales commissions and referral fees are paid to real estate brokers by the landlord or owner of the property. The commissions are paid from the proceeds of the lease or purchase of property, at the time of closing.

Do I need to work with more than one real estate broker/agent?
No, most properties are listed on the multiple listing services in Florida, once you have found a comfortable relationship with the professional that meets your needs. Only if you are looking at multiple counties or regions within Florida, might we need to refer you to more than one agent but most likely to the same real estate company with multiple Florida offices.

What are the normal residential real estate - commission fees:
In The State of Florida the real estate agent that registers and takes the clients to see property is the procuring selling agent. The commission fees are split between listing and selling agents. On sales the total fee is normally 6% of the final agreed sales price and 10% of the total lease amount on rentals.

Do we need an attorney to close on a property:
It is strongly recommended that you hire a real estate attorney. If you apply for a mortgage, you do need to have title insurance prior to closing.