How Much and Who Pays Miami Real Estate Agents CommissionsOctober 20, 2022
How much do you pay in commissions when buying a Miami property?
When buying a property not many understand commissions, or they fear that they might have to pay too much for them. If you are buying, maybe you have thought about how much money you will need considering the property’s price and also the commissions.
But in the sunny estate of Florida for residential real estate transactions, the one who pays for the commissions is the seller. The standard commission is six percent of the home sales price. And this is divided equally between the buyer’s agent and the seller’s agent.
And this is also a good reason why you should consider having a Miami real estate agent by your side when buying!
When talking about rental transactions is a little different, you want to know how?
Check the next video! We are sure it will be helpful.
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