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FL Avg Real Estate Commission Rate in Crestview, Fort Walton Beach, Destin, Florida

Crestview is a city in Okaloosa County, Florida, United States. The population was 20,978 at the 2010 census. It is the county seat of Okaloosa County.

With an elevation of 235 feet (72 m) above sea level, it is one of the highest points in the state; it receives 65 inches (1,700 mm) of rainfall annually, the second-most of any city in the state of Florida, next to Fort Walton Beach with 69 inches. The town was once known as "the icebox of Florida", due to it having the coldest winters in the state. Today it goes by a more popular nickname as the "Hub City" of Northwest Florida.

Crestview is one of Florida's fastest growing cities, with residential developments, shopping, and land area to grow. It has, as of July 2007, become the largest city in Okaloosa County. In 2007, George Whitehurst, who had been mayor for nearly 20 years, resigned, leading to the election of David Cadle. Cadle had recently retired as the long-time director of the Crestview High School band, The Big Red Machine.

As part of the 2005 Base Realignment and Closure round, Crestview experienced further population growth as the U.S. Army's 7th Special Forces Group relocated from Fort Bragg, North Carolina to a newly built cantonment facility on the northern end of the Eglin Air Force Base reservation, approximately six miles south of the city.

Crestview is a principal city of the Fort Walton Beach-Crestview-Destin Metropolitan Statistical Area.

 

Crestview, Fort Walton Beach, Destin, Florida Average Real Estate Agent Commission Rate Fees:

A total commission of 6.0% is typically asked for by “full service” Agents working for the big national real estate firms in Crestview, Fort Walton Beach, Destin, Florida. 70% of Sellers list with the first Agent they speak to, and we find that most Sellers who agree to pay a full 6.0% commission do not realize that real estate commissions are NEGOTIABLE!

The national average total real estate commission in 2015 was 5.26% *

In Crestview, Fort Walton Beach, Destin, Florida you will find the following real estate commissions charged*:

Typical Asking Commission: 6.00%

Competitive Commission: 5.0%-5.9%

Very Competitive Commission: 4.5%-4.99%

The median existing single-family home price in the South rose 6.7%, to $229,400, in the second quarter of 2017 compared to the the second quarter of 2016.  Median sales prices for existing homes in the state's Major Metropolitan Areas are as follows:

In the State of Florida, median home prices are as follows*:

Metro Area Median Sales Price % of Annual Change
Naples-Immokalee-Marco Island $429,900 8.80%
Cape Coral-Fort Myers $240,000 6.70%
Punta Gorda $210,500 11.20%
North Port-Sarasota-Bradenton $273,600 5.60%
Tampa-St. Petersburg-Clearwater $225,000 9.80%
Lakeland-Winter Haven $180,900 8.30%
Orlando-Kissimmee-Sanford $247,900 7.80%
Miami-Fort Lauderdale-West Palm Beach $340,000 7.90%
Port St. Lucie $229,900 12.10%
Sebastian-Vero Beach $230,000 15.00%
Palm Bay-Melbourne-Titusville $220,000 11.70%
Deltona-Daytona Beach-Ormond Beach $195,000 11.40%
Ocala $150,000 11.10%
Gainsville $214,600 11.00%
Jacksonville $232,000 5.90%
Tallahassee $207,000 6.80%
Panama City $210,000 7.70%
Crestview-Fort Walton Beach-Destin $269,900 6.10%
Pensacola-Ferry Pass-Brent $192,300 11.80%
 
IMPORTANT

Real Estate Commissions are split between the listing Agent (who works for you to sell your home) and what will be offered on the MLS to any Agent that brings a Buyer to buy your home.  In a typical 6% total commission, the listing Broker is paid 3% and 3% is offered on the MLS to all Agents working with Buyers (so they can see what they will earn if they bring their Buyer to your home and complete the sale).

In a competitive commission structure, ranging from 5% to 5.5%, the listing Agent agrees to a listing commission of 2% to 2.5%, and they will recommend that they offer, on the MLS, a commission of 2.5% to 3.0% to the Buyer’s Agent.  Your Agent will usually tell you that if they offer less than 2.5% on the MLS that your home “won’t be shown”.  This makes sense, in that, all things being equal, the Buyer’s Agent will want as big a payday as possible when they find the right home for their client.  This is also especially true if market conditions favor Buyers in a so-called “Buyer’s Market” (high inventory levels in a period of unstable prices).

When you meet with your listing Agent, also remember that, unless they are a “Broker/Owner”, they will have to split their commission with their employing Broker. High producing Agents can work up to getting 90% of the listing commission from their Broker, but typically less experienced Agents may only receive 50% of the listing commission.

 

AGENTS ARE READY TO BID THEIR COMMISSION RATE TO GET YOUR LISTING

At ListingBidder.com, we first negotiate on your behalf a competitive real estate commission structure with HIGHLY EXPERIENCED, HIGHLY RECOMMENDED Agents who know your LOCAL market (even YOUR NEIGHBORHOOD); each ready to bid for your business.  These Agents are not just ordinary Agents as many of them are broker/owners and they have the best ability to negotiate their commissions and be competitive, in part because they do not have to share their listing commission with the brokerage firm.  This is a direct benefit to you and will save you thousands of dollars in real estate commission fees over the typical fees in Florida.

 

ARE YOU BUYING IN THE SAME AREA, TOO?

Sellers who are also buying a home in the same local market have a volume discount advantage.  ListingBidder can use this opportunity to negotiate an even better real estate commission rate fee on the sale of your home because the Agent will be more willing to give a deeper discount (a very competitive rate) knowing there is additional commission being earned on the purchase of another home.  Be sure to check the box that you are also buying a home locally to receive these better rates.

 

ARE YOU READY TO RECEIVE COMPETITIVE COMMISSION RATE BIDS?

Click here to see your savings in just 24 hours…

 

DEMOGRAPHICS:

As of the census of 2000, there were 14,766 people, 5,297 households, and 3,893 families residing in the city. The population density was 1,153.7 people per square mile (445.4/km2). There were 5,918 housing units at an average density of 462.4 per square mile (178.5/km2). The racial makeup of the city was 74.71% White, 18.41% African American, 0.60% Native American, 2.28% Asian, 0.15% Pacific Islander, 1.22% from other races, and 2.62% from two or more races. Hispanic or Latino of any race were 3.26% of the population. The population estimate for 2005 was 17,707 people.

There were 5,297 households out of which 40.9% had children under the age of 18 living with them, 53.5% were married couples living together, 16.2% had a female householder with no husband present, and 26.5% were non-families. 22.7% of all households were made up of individuals and 8.3% had someone living alone who was 65 years of age or older. The average household size was 2.65 and the average family size was 3.09.

In the city, the population was spread out with 29.2% under the age of 18, 8.9% from 18 to 24, 32.5% from 25 to 44, 17.8% from 45 to 64, and 11.5% who were 65 years of age or older. The median age was 33 years. For every 100 females there were 93.4 males. For every 100 females age 18 and over, there were 91.5 males.

The median income for a household in the city was $23,122, and the median income for a family was $31,824. Males had a median income of $27,829 versus $19,261 for females. The per capita income for the city was $14,479. About 45.2% of families and 59.7% of the population were below the poverty line, including 56.2% of those under age 18 and 30.4% of those age 65 or over.

*Data provided by Bankrate.com - Real Estate and Wikipedia - Crestview - Florida