Commission: Seller Agent
WHO PAYS THE COMMISSION?
In most real estate transactions in South Florida, the seller is the one who pays the real estate commission. Typically, two agents are involved: one representing the seller and one representing the buyer.
WHAT IS THE STANDARD COMMISSION PERCENTAGE?
The standard commission in South Florida is usually 6% of the sale price, and it is often split equally between both agents (the listing agent and the buyer’s agent).
DO BUYERS PAY COMMISSION?
In most cases, buyers do not pay any commission to their real estate agent. If a seller refuses to offer commission to the buyer’s agent, that agent will have no incentive to show the property to their clients—potentially reducing exposure.
CAN SELLERS AVOID PAYING COMMISSION?
Only about 8% of sellers attempt to sell their homes on their own (For Sale By Owner), hoping to avoid the 6% commission. However, 89% of sellers choose to work with a real estate professional.
It’s important to note:
National statistics show that FSBO properties sell for 19% less on average than those listed with agents.
Even after paying the 6% commission, sellers working with agents earn about 13% more than those who sell without one.
WHY WORK WITH A REAL ESTATE PROFESSIONAL?
A real estate agent provides:
Marketing (flyers, brochures, open houses)
Price estimation and market monitoring
Buyer qualification and screening
Tour scheduling and coordination
Legal guidance for sellers
Protection of your time, safety, and peace of mind
Given how significant a real estate transaction can be, it’s best to hire not just any Realtor, but one with a professional team offering legal, financial, tax, and estate planning support.
Summary:
In South Florida, sellers usually pay a 6% commission, split between both agents. FSBO sellers often earn 13% less after missed marketing and pricing opportunities. A Realtor offers legal, financial, and strategic support that pays off.
