Punta Gorda is a city in Charlotte County, Florida, United States. As of the 2010 census the city had a population of 16,641. It is the county seat of Charlotte County and the only incorporated municipality in the county. Punta Gorda is the principal city of the Punta Gorda, Florida Metropolitan Statistical Area and is also in the Sarasota-Bradenton-Punta Gorda Combined Statistical Area.
Punta Gorda was the scene of massive destruction after Charley, a Category 4 hurricane, came through the city on August 13, 2004. Charley was the strongest tropical system to hit Florida since Hurricane Andrew in 1992, and the first hurricane since Hurricane Donna in 1960 to make a direct hit on Florida's southwest coast. In the immediate years following the storm, buildings were restored or built to hurricane-resistant building codes. The new buildings, restorations and amenities concurrently preserved the city's past while showcasing newer facilities. During this time, Laishley Park Municipal Marina was built and the Harborwalk, Linear Park and various trails were created throughout the city for bicycle and pedestrian traffic.
A total commission of 6.0% is typically asked for by “full service” Agents working for the big national real estate firms in Punta Gorda, 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 Punta Gorda, 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 Myer||$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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Punta Gorda lies on the south bank of the tidal Peace River and the eastern shore of Charlotte Harbor, an arm of the Gulf of Mexico. Unincorporated communities bordering Punta Gorda include Charlotte Park (nearly surrounded by the city), Solana to the east, and Charlotte Harbor to the north, across the Peace River. Port Charlotte is to the west of Punta Gorda's incorporated residential neighborhoods Deep Creek and Suncoast Lakes, north of the Peace River. Harbour Heights lies to the east of Punta Gorda's Deep Creek residential neighborhood.
According to the United States Census Bureau, the city has a total area of 21.0 square miles (54.4 km2), of which 15.0 square miles (38.9 km2) is land and 6.0 square miles (15.5 km2) (28.52%) is water.
As of October 5, 2017, Punta Gorda has eleven zoning districts, five overlay districts, and three planned development districts. Of the eleven zoning districts, six are designated for residential use, two for commercial use, one for governmental use, and two districts allow mixed-use.