Sebastian is a city in Indian River County, Florida, United States. In 2010, the population recorded by the U.S. Census Bureau was 21,929.
Sebastian is a principal city of the Sebastian−Vero Beach Metropolitan Statistical Area, which includes all of Indian River County.
A total commission of 6.0% is typically asked for by “full service” Agents working for the big national real estate firms in Sebastian, Vero Beach, 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 Sebastian, Vero Beach, 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…
At the 2010 census, there were 21,921 people, 9,508 households and 6.462 families residing within the city in 10,815 housing units. The racial make-up of the city was 90.5% White, 5.3% African American, 0.20% Native American, 1.10% Asian, 1.2% from other races, and 1.60% from two or more races. Hispanic or Latino of any race were 7.00% of the population.
21.5% of households had children under the age of 16 living with them, 54.1% were married couples living together, 10.1% had a female householder with no husband present. 32.00% consisted of non-traditional families or unrelated individuals. 25.2% of all households were made up of individuals and 3.9% had someone living alone who was 85 years of age or older. The average household size was 2.30 and the average family size was 2.75.
52.4% of the population were female and 47.6% male. 15.8% were under the age of 16, 6.0% from 15 to 19, 3.7% from 20 to 24, 3.8% from 25 to 29, and 26.3% who were 65 years of age or older. The median age was 50.1 years.
The per capita income for the city was $24,959 in 2010. About 4.8% of families and 6.3% of the population were below the poverty line, including 9.6% of those under age 18 and 5.0% of those age 65 or over.