News & Information: Risk Management Tips

Risk Management - Commission Structure

Friday, August 17, 2012  
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»Under Florida law, real estate commissions are completely negotiable.

When negotiating the listing agreement, the listing broker and the seller can agree on either a flat fee or one based on a percentage of the sale.

Risk Management Tips of the Week are provided by the ORRA Risk Management Subcommittee as a service to ORRA members. The tips are not a substitute for individual legal consultation. Tips should not be relied upon in specific situations without consulting a real estate attorney.

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