Last week I was discussing the Viera real estate market with a potential real estate client. In his situation he was looking at a possible short sale.
Real estate fees are negotiable. There are no set fees. Each transaction is different.
So here is a quick summary of the the most common "payment" arrangements in the Brevard County Florida real estate market.
- If you are looking for a rental property that is listed in the MLS, the owner pays the "renter's agent," not the renter.
- If you are the buyer of a property that is listed in the MLS, the seller pays your buyer's agent. [Even if you are interested in a FSBO, your agent may be able to negotiate the seller paying their fee.]
- If you are the seller of a property, you will be paying your seller's agent and the buyer's agent. [Short sales are different and are part of the process absorbed by the lender.]
Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.
©"It may not be a million dollar property but it matters not...because it's your home!"