Quick Answer

What Commission Do Realtors Charge in Miami?

What Commission Do Realtors Charge in Miami?

In Miami, total real estate commission has historically ranged from 5% to 6% of the sale price, split between the listing agent and buyer’s agent — but commission is now fully negotiable, and sellers should focus on net proceeds and service level, not just the percentage.

Quick Answer

Commission is not a fixed fee set by law or any board. It is negotiated between you and your listing agent when you sign the listing agreement. On a $500,000 Miami home, a 5% total commission equals $25,000 — typically divided so the buyer’s agent receives roughly half for bringing the purchaser.

Following the 2024 NAR settlement, buyer agent compensation is no longer advertised on the MLS as a blanket offer. Sellers now explicitly decide whether and how much to offer a buyer’s agent, and those terms are documented in the listing agreement. Jorge Cruz Leal, REALTOR® with Real Estate Empire Group, walks every seller through these options during the listing consultation so there are no surprises at closing.

What matters more than the percentage is what you receive for it: accurate pricing, professional marketing, skilled negotiation, and transaction management through a Florida title closing.

Details

What commission covers on the listing side:

  • Comparative market analysis and pricing strategy
  • Professional photography, video, and listing syndication
  • Digital advertising and agent network promotion
  • Showing coordination and buyer feedback management
  • Offer review, negotiation, and inspection response
  • Contract-to-close tracking through Miami-Dade closing

What the buyer’s agent portion covers:

  • Compensation for the agent who brings a qualified buyer
  • If this offer is too low or zero, buyer agents may steer clients elsewhere — reducing your pool of purchasers

How to evaluate whether commission is worth it. Jorge’s sellers often net more after commission than FSBO or discount listings that sit overpriced or unmarketed. A 1% savings on commission means little if the home sells for $30,000 less because it was poorly priced or photographed.

Negotiable does not mean free. Marketing a Miami listing properly — especially to international and out-of-state buyers — requires real investment in media, advertising, and time. Jorge is transparent about his fee structure and the services included so you can make an informed decision.

Other costs sellers should budget beyond commission:

  • Doc stamps and title-related closing costs
  • HOA estoppel and transfer fees (condos)
  • Outstanding liens, payoffs, and prorated taxes
  • Optional staging, repairs, or pre-listing improvements

Commission is one topic Jorge covers in the full selling your home in Miami guide — alongside pricing, marketing, and negotiation strategies that protect your net.

Want a clear breakdown of costs for your Miami sale? Contact Jorge Cruz Leal or call 786-337-0940 for a net proceeds estimate with Real Estate Empire Group.

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Jorge Cruz Leal helps buyers, sellers, and investors across Miami, Doral, Brickell, Miami Beach, and surrounding areas with personalized strategy and local market expertise.