Agent and Brokerage Fees

Fees are generally paid by the Seller as part of his Listing Contract with the Listing Brokerage. Fees are always  negotiable. The Listing Brokerage is required to offer a commission to the "Buyer Agent" if the listing is placed in the MLS.  In Florida, some Listing Brokerages may also charge the Buyer Agent  a "transaction fee". 

Commissions are paid at closing and included on the HUD statement. The Title Company is responsible for all the closing documents and making sure all monies are received and disbursed properly.

In Florida, a buyer agent may work on a percentage commission based on the final sale price of the property or a Fixed or Flat Fee. If a Flat Fee is agreed to, the Seller paid commission is paid directly to the buyer at closing.