Quote:
Originally Posted by retiredguy123
I agree. A licensed real estate agent in Florida could never tell a potential buyer that they are representing them if they are showing a house that has a listing contract where the agent expects to collect money from the seller at the closing. The only way that would be legal would be if the agent told the seller that they represent the buyer and that they will not accept any commission money from the seller at the closing.
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Are you talking about 1 agent serving both buyer and seller. Then you are correct. But there are buyer's agency in Florida. It seems from what I'm finding they are paid the same way as in Massachusetts...
Average Florida Real Estate Commissions
Florida realtor commission is usually 5% to 6% of the home’s selling price. For example, if a home sells for $500,000, a real estate agent might get $25,000 when the sale closes.
Experienced agents will typically collect a full 6% commission, but younger, less experienced agents might receive less than that.
From the link...
"However, real estate agents often don’t get all of this commission. If there are two agents with the buyer and seller, the commission splits. An agent that works for a brokerage will have to pay them for assistance."
Florida Realtor Commission Guide (2023) | PropertyClub