Average Real Estate Commission in Florida: 2024 Data

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By Jon Stubbs Updated May 1, 2024

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How commission works | Commission calculator | Best ways to save | Methodology

📊 The data:


Our December 2023 survey of local agents found that the average real estate commission in Florida is 5.37%, which is less than the national average of 5.49%. Calculate your estimated commission in Florida.

To sell a house worth $399,807 — the median home value in Florida — you'll pay about $21,470 in realtor fees.

Realtor commission is usually the largest cost you'll face when selling your home — but you don't have to pay the full 5.37%. You can use a discount broker to save on realtor fees.

Clever Real Estate could help you save thousands on commission by pre-negotiating 1.5% listing fees with full-service Florida realtors from top brokerages.

On that same Florida home, you'd pay just $14,200, up to 34% less than paying average rates.

»SAVE: Sell with Clever for 1.5% listing fees and save thousands in commission!

How real estate commission works in Florida

Average listing commission 2.82%
Average buyer's agent commission 2.55%
Total average commission 5.37%
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There are usually two real estate agents involved in the real estate transactions of a home sale:

  • The seller's agent (also called the listing agent), who represents the home seller
  • The buyer's agent, who represents the person buying the home

Based on our research, the average real estate commission paid in Florida for listing agents is 2.82% of the final home price and 2.55% for buyer's agents, for a total of 5.37%.

» LEARN: How do real estate broker commissions work?

Real estate commission calculator for Florida

Use this commission calculator to estimate how much you'll pay in realtor fees when you sell your home in Florida. Enter an estimate of your home's sale price, and see how much you'll pay at different commission rates.

If you want to decrease your realtor fees, Clever can connect you with a top local listing agent who charges just 1.5%. This will allow you to retain more money from the sale for yourself.

» SAVE: Sell with Clever for 1.5% listing fees and save thousands in commission!

Who pays realtor fees in Florida?

When selling a home in Florida, the real estate agent fees for both the seller's and buyer's representatives are subtracted from the final sales revenue. You don't need to prepay these costs.   

The seller's agent earns their fee by providing services such as market analysis and managing the closing paperwork. The buyer's agent earns their fee by bringing a qualified purchaser who meets the contract terms and completes the sale on time.

You don't have to pay these fees out of pocket. Similar to closing costs, the real estate agent fees are deducted from the sale proceeds when the home purchase is finalized.   

Why do sellers pay the buyer's real estate agent commission?

Offering to cover the buyer's agent fee can likely appeal to more potential homebuyers.

Taking on this cost makes your home more enticing to buyers, who otherwise would need to pay their agent's fee upfront plus the down payment and closing charges. Many buyers can't afford these extra initial expenditures.

When you make a competitive offer for the buyer's agent fee, real estate agents are more motivated to showcase your home to their clients. This increases your chances of getting multiple bids. Real estate professionals recommend advertising a buyer's agent fee within 0.5% of the local norm, which is 2.55% in Florida.

Will the NAR lawsuit change how real estate commission works?

On March 15, 2024, the National Association of Realtors agreed to pay $418 million in damages to settle a real estate commission lawsuit the industry group lost in November 2023. 

While the full impact of the settlement is yet to be determined, experts believe that the change will eventually lead to lower buyer's agent commissions and give buyers the ability to negotiate those commissions based on the services they need. 

The terms of the settlement are scheduled to take effect in mid-July 2024. But, the settlement hasn't been officially approved yet, and it could be delayed or changed by objections. We'll continue to monitor the status of the settlement and the effects it has on the real estate industry.

» READ MORE:

How to save on realtor fees in Florida

Commission rates are not set in stone. In fact, we found that while 2.82% is the average listing commission in Florida, rates typically fall between 2.00% and 4.00%. You can save money by negotiating a lower rate with your listing agent or by working with a discount real estate brokerage.

Listing commission range 2.00%– 4.00%
Buyer's agent commission 1.00%– 3.00%
Total commission range 3.00%– 7.00%
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» LEARN: What's the commission on a $1 million home?

Can I negotiate realtor commission in Florida?

Real estate commission is always negotiable. In Florida, the 74 agents we surveyed said these were their most common reasons for agreeing to lower their commission.

Would you lower your commission for…? Agents who answered yes
Homeowners who are repeat clients 80%
Homeowners who also plan to buy with you 76%
Homeowners with more than one property to sell 72%
Seller’s situation (e.g. divorce or death in the family) 50%
Higher property values 47%
Homes expected to sell quickly 46%
High competition for clients 41%
High buyer demand in the area 26%
Houses in excellent condition 23%
Periods of low housing inventory 19%
Highly experienced home sellers 11%
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Negotiating realtor fees in Florida depends on two main factors: your situation and the housing market.

Factor You may have an easier time negotiating low rates if...
Your situation
  • You're selling a high-value home
  • You have a personal relationship with a realtor
  • You can offer a realtor repeat business
The Florida housing market
  • Homes are selling quickly
  • There are relatively few homes listed for sale
  • Home values are rising
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While your personal circumstances may vary, real estate conditions in Florida will impact all home sellers in the area.  

Generally in a seller's market, where home sellers have more influence than buyers, listing agents' jobs are simpler so they may be more receptive to reducing their fees. The opposite is often true in a buyer's market.

Not comfortable negotiating with a realtor? Avoid the awkward conversation and let Clever pre-negotiate a lower rate with a top agent for you.  

To evaluate the current state of your local real estate market, examine these three factors:  

  • Months of inventory
  • Sale to list price ratio 
  • Home value movements

If all factors indicate Florida is a seller's market, you may be in a good position to negotiate a lower rate with your agent. If market conditions are mixed or favor buyers, it may be harder to get your realtor to accept a cheaper commission.

The current state of the Florida real estate market

Factor Trends Indication
Months of inventory There's 2.47 months of housing inventory on the market Seller's market
Sale-to-list ratio Homes are selling for 97.20% of their listing price Buyer's market
Home values Home values have risen 16.50% year over year Seller's market
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» LEARN: See state-by-state average commission rates. How does your state compare?

Low commission real estate companies in Florida 

Negotiating a lower rate with a professional negotiator can be hard! In many cases, home sellers can save just as much (or more!) by selling with a low commission real estate company.

Discount real estate brokers typically offer full-service support for a reduced commission percentage or flat rate. How they create those discounts will depend on the company's model, with some creating more risks and trade-offs than others.

Best for most sellers

Clever Real Estate

Learn More
4.9
Excellent

Listing Fee

1.5% ($3,000 min.)

Availability

Nationwide

Customer Rating

5.0 (2,627)

Editor's take

Pricing

Reviews

Contact

Overview: For Florida sellers looking to reduce commissions without compromising service, Clever is our top recommendation.

✅ Benefits and features: Clever provides discounted rates up to 50% lower from traditional agents at major brokerages like RE/MAX and Compass. Its matching service has high ratings and is free to use without obligation.

🏠 How it works: Clever matches sellers with the best local realtors to compare and select the best fit. Regardless of your agent choice, you get Clever's special 1.5% listing fee.

Pros

  • Work with a Florida agent from a leading traditional brokerage, not a discount realtor
  • Agents offer services at up to 50% off their typical rates through Clever
  • Extensive agent selection among top local realtors

Cons

  • No guarantee of working with a specific pre-selected agent or firm
  • Add-ons like staging and photography may carry added costs (agents provide fee breakdowns during their presentations)

Fee structure

  • 1.5% listing commission ($3,000 min.) paid at closing
  • 2–3% buyer’s agent commission paid at closing
Weighted avg. 5.0 2,627
Trustpilot 5.0 2,402
Google 4.8 225

Website: listwithclever.com
Phone: 1-833-225-3837
Hours: 8 a.m.–10 p.m. EST, 7 days a week
Address: 6358 Delmar Blvd, Suite 300, St. Louis, MO 63130

Get started with Clever today!

Redfin Florida

Learn More
4.7
Very good

Listing Fee

1.5% ($2,000—5,500 min.)

Availability

Multi-state

Customer Rating

N/A*

Editor's take

Pricing

Reviews

Contact

Overview: Redfin provides decent overall value with its discounted real estate services for most Florida sellers. However, its minimum commission fee is higher in several Florida markets than other low-commission realtors in the state.

✅ Benefits and features: Redfin offers 1.5% listing fees that can provide solid savings. An extra 0.5% discount is available when selling and buying with Redfin within 12 months. As a large, established brand, Redfin has a broad agent network, and its tech-focused approach may appeal to some sellers.

🚩 Potential red flags: Redfin utilizes a high-volume, team-based model, which may not suit sellers wanting more personalized support. Also, Redfin has a minimum commission range of $2,000—5,500 in Florida. Depending on the location and final sale price of your home, you may pay more than the advertised 1.5% rate.

Pros

  • Good listing fee savings
  • Established brand and decent agent selection
  • Tech-forward approach may appeal to some sellers

Cons

  • High-volume, team-centric approach may not be for everyone
  • Fewer agents to choose in Florida compared to Clever
  • Higher minimum fees compared to other options in Florida

Fee structure

  • 1.5% listing fee ($2,000-5,500  min. in Florida) paid at closing
  • 2–3% buyer’s agent commission paid at closing
  • 0.5% listing fee refund if you also buy within 12 months

*Not enough available data at this time

Website: redfin.com
Phone: 1-844-759-7732
Hours: 8 a.m.–5 p.m. EST, 7 days a week
Address: 600 N Westshore Blvd, Suite 800, Tampa, FL 33609
Areas served: All of Florida

Flat Fee Florida Realty

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4.3
Very good

Listing Fee

$3,495

Availability

Statewide

Customer Rating

5.0 (33)

Editor's take

Pricing

Reviews

Contact

Overview: For Florida sellers preferring a flat fee structure, Flat Fee Florida Realty is a good option. Its flat rate of $3,495 can provide considerable savings for properties valued over $200,000.

✅ Benefits and features: For homes priced $200,000 and up, Flat Fee Florida Realty’s set fee is highly competitive compared to percentage-based commissions. It has excellent customer reviews (5-star average). Also, a 3D virtual tour is included free of charge.

🚩 Potential red flags: For homes under $200,000, the effective rate could be higher than some other discount services. Also, no transaction data was found to evaluate Flat Fee Florida Realty’s experience and reach in Florida. Sellers should confirm that the services and agent expertise meet their needs.

Pros

  • Flat fee structure provides transparency and potential savings on pricier properties
  • Excellent client reviews
  • 3D virtual tour included at no extra cost

Cons

  • Potentially more expensive for lower-valued homes
  • Limited transaction history found in Florida

Fee structure

  • $3,495 flat fee paid at closing
  • 2–3% buyer’s agent commission paid at closing
Weighted avg. 5.0 33
Google 5.0 33

Website: flatfee.realtor
Phone: (786) 295-1410
Address: 1801 NE 123rd St, STE 314, North Miami, FL 33181
Locations served: Florida

» LEARN: How do discount real estate brokers offer lower fees?

Next steps

Thinking of selling your home but don't know where to start? Here are some next steps.

Start interviewing local agents

Set up some listing appointments, where an agent visits your home to discuss its estimated value, lay out their marketing strategy, and provide a quote for their fee.

Here's why it's smart to sit down with a few agents before signing with one:

It's completely free to meet with agents: There's no obligation or risk on your end. Just keep in mind that the agent is meeting with you to win your business, and will try to sell you on their service.

You can compare pricing and features: Shopping around helps you find the best fit for your specific needs – in terms of fees, experience, and services provided.

Learn more about your market from an expert: Realtors can provide local data, like how much nearby homes are selling for, how fast they sell, and other current market trends.

Learn about the home sales process: An agent can walk you through the sales process from start to finish, and provide tailored advice for marketing your property to home buyers.

To get started, check out our guide on the best ways to find real estate agents — or you can sign up for Clever’s free agent matching service below to connect with top realtors in your area right now (and save on commission).

Clever has pre-negotiated low commission rates of only 1.5%, with Florida's top agents. Contact Clever today to find out how much you can save on commission!

👋 Next Steps: Find an agent!

Clever can connect you with top local agents sell your house for a pre-negotiated low rate: just a 1.5% listing fee when your home sells (half the typical rate!).

You can interview your Clever agent matches, get free pricing estimates, and compare marketing plans — all with no strings attached.

Ready to learn more? Click below to take our simple quiz and see your agent matches!

Methodology

We gathered our commission rate data from a survey of 630 of our partner agents. The survey asked about standard local rates for both listing and buying agents. We also asked agents about when and why they're willing to negotiate real estate commissions. 

Additionally, we utilized the following data from Zillow and Realtor.com:

  • Home values, list prices, and sale prices: Based on Zillow data as of April 2024
  • Sale-to-list ratios: Based on Zillow data as of April 2024 (unless specified otherwise)
  • Months of inventory: Based on Realtor.com data as of March 2024

Additional resources for Florida home sellers

Better real estate agents at a better rate

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