In Florida approximately 95% of all deals are done between two agencies, one representing the seller and the other one representing the buyer, with a shared commission included in the sales price.
The role of a real estate agent representing the buyer is to do a custom search for him amongst all the properties on the market across all real estate agencies, without charge.
Florida has changed a lot in the past 20 years.
Traditionally known as a state reserved for retirees, Florida is now benefiting from a huge surge in popularity and has become a highly sought- after destination.
This is because many foreigners from Latin America, Brazil, Europe and Canada purchase secondary residences there or become full time residents, and many corporations move to Florida to take advantage of its tax system. And everyone is attracted to its clement weather.
Statistics show the population of Florida is set to double in the next 50 years, going from 16 million residents to 35 million, surpassing California to become the United States’ most populated state.