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Originally Posted by retiredguy123
Please clarify. What is "the new law"? Is this an actual new Florida statute, or just a lawsuit decision? I didn't think that Florida law ever addressed how much agents were to be paid as a commission, but the law did say that dual agents were not allowed. Can you provide a link to this new law?
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Google NAR settlement. The seller still will pay 2.5 . But if your the buyer you can make the offer without a buyer's agent. Otherwise you're going to be paying that agent 2.5 percent . There are many Realtors trying to put a spin on it. Don't read it off one of their sites. You can't make an offer without a buyers agent saving you a lot of money. The listing agent will probably try to get you to sign an agreement having them represent you. I would never do that. Make the offer without buyers agent saving you 2.5 percent. Note All the commissions are negotiable. There is no set commission. The above is just an example