Naples is a city in Collier County, Florida, United States. As of 2015, the city's population was about 20,600. Naples is a principal city of the Naples-Marco Island, Florida Metropolitan Statistical Area, which had a population of about 322,000 as of 2015. Naples is one of the wealthiest cities in the United States, with the sixth-highest per capita income in the country in 2012, and the second-highest proportion of millionaires per capita in the US. Real estate is among the most expensive in the country, with houses for sale in excess of $40 million.
A total commission of 6.0% is typically asked for by “full service” Agents working for the big national real estate firms in Naples, Immokalee, Marco Island, 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 Naples, Immokalee, Marco Island, 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|
|Cape Coral-Fort Myers||$240,000||6.70%|
|Miami-Fort Lauderdale-West Palm Beach||$340,000||7.90%|
|Port St. Lucie||$229,900||12.10%|
|Deltona-Daytona Beach-Ormond Beach||$195,000||11.40%|
|Crestview-Fort Walton Beach-Destin||$269,900||6.10%|
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.
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.
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.
Click here to see your savings in just 24 hours…
As of the census of 2010, there were 19,537 people, 9,710 households, and 6,568 families residing in the city. The population density was 1,744.3 per square mile (673.2/km2). There were 16,957 housing units at an average density of 1,410.0 per square mile (544.2/km2). The racial makeup of the city was 94.1% White, 4.5% Black, 0.12% Native American, 0.33% Asian, 0.02% Pacific Islander, 0.30% from other races, and 1.0% from two or more races. Hispanic or Latino of any race were 4.5% of the population.
There were 9,708 households out of which 10.9% had children under the age of 18 living with them, 53.8% were married couples living together, 5.0% had a female householder with no husband present, and 39.2% were non-families. Thirty-four percent of all households were made up of individuals and 20.1% had someone living alone who was 65 years of age or older. The average household size was 1.92 and the average family size was 2.38.
In the city, the population was spread out with 10.9% under the age of 18, 2.3% from 18 to 24, 14.5% from 25 to 44, 30.0% from 45 to 64, and 42.3% who were 65 years of age or older. The median age was 61 years. For every 100 females there were 86.0 males. For every 100 females age 18 and over, there were 83.9 males.
The median income for a household in the city was $71,553, and the median income for a family was $102,262. Males had a median income of $86,092 versus $30,948 for females. The per capita income for the city was $61,141. About 3.1% of families and 5.9% of the population were below the poverty line, including 15.1% of those under age 18 and 3.3% of those age 65 or over.
The economy of Naples is based largely on tourism and was historically based on real estate development and agriculture. Due to its proximity to the Everglades and Ten Thousand Islands, Naples is also popular among ecotourists.
Companies based in Naples include Alavista Solutions, Beasley Broadcast Group and ASG Software Solutions, in addition to numerous small businesses. Due to the wealth present in Collier County, Naples is also home to many small non-profit organizations.
The surrounding Naples metro area is home to major private employers. Fortune 1000 company Health Management Associates, technology company NewsBank.
In 2009, Naples was ranked as one of ten pricey cities worth its high cost.