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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 94 times.

Post: 7% Agent Commission?

Account ClosedPosted
  • Saint Petersburg, FL
  • Posts 110
  • Votes 38
Originally posted by @Peter Skobic:

My agent says that 7% commission is normal in Georgia so as a buyer's agent her share of the commission would be 3.5% instead of the 3% that I'm used to seeing. Has anyone seen this before?

Here in Florida, 

The commission rate is negotiable, (Don't let anyone tell you otherwise). According to Florida law there isn't a standard. Each deal is different so a standard rate shouldn't be the norm.

Post: New BP addict from South Florida!

Account ClosedPosted
  • Saint Petersburg, FL
  • Posts 110
  • Votes 38

Welcome,

I became a member "Officially" yesterday/today there is a lot of info to digest here. I'm on the other side of Florida so if you want to get into my market, (Or at least bounce ideas) let me know!!

Post: Another (motivated) new member.

Account ClosedPosted
  • Saint Petersburg, FL
  • Posts 110
  • Votes 38

Good morning Sam!

My wife would like to play Poker professionally I will PM you questions about that. We currently live in Florida so if you are looking for investments here feel free to let me know and I will find what you are looking for.

Welcome to BP!

Post: Where Are My Florida Real Estate Lawyers

Account ClosedPosted
  • Saint Petersburg, FL
  • Posts 110
  • Votes 38

I'd like to add a little bit if I may:

I'm currently going to take the Florida Real Estate test this coming Saturday. One of the sections they drill in your head is Real Estate law and Principles. According to the book:

*All Real Estate Contracts are assignable by default unless the wording specifies in the contract that it is not*

*If you own the property (FSBO) you can: Buy, Sell, Rent your own property*

*Real Estate is VERY litigious and anyone can sue for anything* make sure you speak to a Lawyer that has experience dealing with INVESTORS.....Not all Real Estate Lawyers are the same. At least have Him/Her look at your contracts.