Pensacola is the westernmost city in the Florida Panhandle and the county seat of Escambia County, in the U.S. state of Florida. As of the 2010 census, the city had a total population of 51,923, down from 56,255 at the 2000 census. Pensacola is the principal city of the Pensacola metropolitan area, which had an estimated 461,227 residents in 2012.
Pensacola is a sea port on Pensacola Bay, which is protected by the barrier island of Santa Rosa and connects to the Gulf of Mexico. A large United States Naval Air Station, the first in the United States, is located southwest of Pensacola near Warrington; it is the base of the Blue Angels flight demonstration team and the National Naval Aviation Museum. The main campus of the University of West Florida is situated north of the city center.
The area was originally inhabited by Muskogean language peoples. The Pensacola people lived there at the time of European contact, and Creek people frequently visited and traded from present-day southern Alabama. Spanish explorer Tristán de Luna founded a short-lived settlement in 1559. In 1698 the Spanish established a presidio in the area, from which the modern city gradually developed. The area changed hands several times as European powers competed in North America. During Florida's British rule (1763–1781), fortifications were strengthened.
It is nicknamed "The City of Five Flags", due to the five governments that have ruled it during its history: the flags of Spain (Castile), France, Great Britain, the United States of America and the Confederate States of America. Other nicknames include "World's Whitest Beaches" (due to the white sand of Florida panhandle beaches), "Cradle of Naval Aviation", "Western Gate to the Sunshine State", "America's First Settlement", "Emerald Coast", "Red Snapper Capital of the World", and "P-Cola".
A total commission of 6.0% is typically asked for by “full service” Agents working for the big national real estate firms in Pensacola, Ferry Pass, Brent, 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 Pensacola, Ferry Pass, Brent, 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.
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As of the census of 2010, there were 51,923 people, 23,600 households, and 14,665 families residing in the city, and 402,000 people in the Pensacola MSA. The population density was 2,303.5 people per square mile (956.8/km²). There were 26,848 housing units at an average density of 1,189.4 per square mile (459.2/km²). The racial makeup of the city is 66.3% White, 28.0% African American, 2.0% Asian, 0.6% Native American, 0.1% Pacific Islander, 2.3% from two or more races. 3.3% Hispanic or Latino of any race.
There were 24,524 households out of which 24.6% had children living with them, 39.7% were married couples living together, 16.7% had a female householder with no husband present, and 40.2% were non-families. 32.9% of all households were made up of individuals and 11.7% had someone living alone who was 65 years of age or older. The average household size was 2.27 and the average family size was 2.92.
Out of the total population in Pensacola, 45.9% identify with a religion, slightly lower than the national average of 48.3%. Over 48% of Pensacolians who practice a religion identify as Baptists (22.1% of all city residents). Other Christian denominations include Roman Catholics (9.2% of city residents), Pentecostal (3.8%), Methodist (3.8%), Episcopal (1.1%), Presbyterian (1.1%), and Orthodox (0.3%).
Pensacola is home to a small (0.2% of city residents) but significant Jewish community, whose roots date mostly to German Jewish immigrants of the mid-to-late 19th century. There were also Sephardic Jewish migrants from other areas of the South, and immigrants from other areas of Europe. The first Florida chapter of B'nai Brith was founded downtown in 1874, as well as the first temple, Beth-El, in 1876. Apart from the Reform Beth-El, Pensacola is also served by the Conservative B'nai Israel Synagogue. Paula Ackerman, the first woman who performed rabbinical functions in the United States, was a Pensacola native and led services at Beth-El.
Jurisdictions outside the city have opposed its overtures to annex more area.
The median income for a household in the city was $34,779, and the median income for a family was $42,868. Males had a median income of $32,258 versus $23,582 for females. The per capita income for the city was $30,556 in 2011. About 12.7% of families and 16.3% of the population were below the poverty line, including 26.2% of those under age 18 and 9.2% of those age 65 or over.