Selling a condo in Broward County with a lower commission
Broward's condo median is around $295,000, and many older buildings now carry special assessments for structural work. Sellers are competing hard, so every cost matters.
The saving
With a 2.5% listing-side fee, a $295,000 sale pays about $7,375 to the listing brokerage. Our partner agents cut that by 25%, saving about $1,844. On a $600,000 beachfront unit in Fort Lauderdale or Hallandale, the saving is about $3,750.
What buyers will ask
- Milestone inspection status and reserve study results.
- Any passed or proposed special assessments, and whether you will pay them before closing.
- Rental restrictions and age restrictions, since many Broward buildings are 55-plus.
- Association insurance and how it has changed.
Who pays an existing assessment
It is negotiable. Assessments already levied are usually the seller's; future ones the buyer's. Make it explicit in the contract.