Ready to sell? Here are some Florida-specific rules and customs to keep in mind.
By custom, Florida home sellers usually pay listing agents a 6% sale commission. Is it a fair deal? Consider that your agent:
Additionally, a seller is required to pay documentary stamp taxes and county recording fees.
Sellers must tell buyers about a home's condition and background—even if it's sold as is. All homeowners must point out issues that the buyer might not notice, but that impact the desirability or value of the home.
Ask your realtor for the standard disclosure form, made available courtesy of the Florida Association of Realtors®. You'll fill in questions about possible boundary disputes, or other current or potential legal claims impacting your property. You'll also need to note:
A seller must give the buyer a property tax disclosure summary too, as notice that the amount of property taxes you're paying could change.
A Florida seller need not inform the buyer that someone lived in the house who was diagnosed with HIV or AIDS, or that someone died in the home.
The closing agent will:
Closing day is the brilliant reward for all the work of listing and preparing a home for sale.
A scheduled closing won't happen on its planned date unless the closing agent announces that the paperwork is complete. Delays, alas, are not uncommon. Know that your realtor is checking on the closing office, to be sure everything is in order from your end.
If you think you need legal expertise in this transaction, it is always possible to consult a real estate attorney. Especially if the survey or title search brings up issues, it makes sense to involve legal counsel and understand your options for legal problem solving.
Here's to a smooth sale!