Most real estate agents in Florida get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year. But how does that compare to the average real estate commission rate in Florida? In this post, we’ll help you determine how much commission you might pay on your Florida home sale, and what options are available to earn the highest proceeds possible. According to Jeff Riber, an agent for over 15 years serving the Jacksonville and St. Augustine areas, you can expect to pay between 5%-6% in agent commissions when selling a home in Florida, with some variation based on location within the state. On a property worth the current statewide median home sale price of about $410,000, according to Florida Realtors, that amounts to $20,500 to $24,600 in commission costs. “There’s no set commission rate,” says Riber, who sells homes nearly 60% quicker than the average Jacksonville agent. “For the greater Jacksonville area, 5% to 6% is a fair assessment for properties below $600,000 to $800,000. For properties above $1 million, you’re between 4% and 5%, I’d say. Below $300,000, it’s really not going to be less than 6%.” Using an overall statewide average of 5.5%, here’s a breakdown of how much you might pay in real estate commissions based on what a home sells for in 10 large metropolitan areas in Florida: HomeLight gathers agent commission data from cities throughout the U.S. To see if we have commission rates for your city, try our Agent Commissions Calculator. You might also be interested in our Home Value Estimator. Still curious about commission rates in Florida? Here are the answers to common questions about real estate agent commissions: The home seller typically pays the commission, and the seller’s agent will then split the commission with the buyer’s agent. That can confuse sellers, Riber notes, because the buyer’s agent represents the buyer but is being paid by the seller. “I’m constantly explaining to sellers that there’re two portions of that. There’s the portion that pays the listing agent who does the marketing and so forth, who gets you through to the finish line. And there’s the other portion we’re offering to the buyer’s agent to bring a buyer to the property,” he adds. “Only about 10% of the time is the listing agent the same as the buyer’s agent.”What’s the average real estate commission in Florida?
Florida Metropolitan Statistical Area
Median home price
Typical commission at 5.5%
Cape Coral-Fort Myers
$438,000
$24,090
Jacksonville
$379,900
$20,895
Miami-Fort Lauderdale-West Palm Beach
$585,000
$32,175
Tampa-St. Petersburg-Clearwater
$400,000
$22,000
Ocala
$287,000
$15,785
Orlando-Kissimmee-Sanford
$425,000
$23,375
Naples-Immokalee-Marco Island
$922,500
$46,125
Port St. Lucie
$400,000
$22,000
Sebring
$266,000
$14,630
Tallahassee
$322,950
$17,762
The Villages
$363,995
$20,019
Who pays real estate commission fees?
