📌 The Bottom Line Up Front (BLUF)
Following the August 17, 2024 NAR settlement and Florida Realtors rules, all Florida homebuyers must sign a written representation agreement before touring homes in person or via live video. Real estate broker compensation is 100% negotiable and never set by statute. Sellers are completely permitted to contribute toward buyer broker compensation or provide closing credits. Keith Jones Sr provides complete fee transparency with zero hidden charges.
Why Is a Written Agreement Required Before Touring?
For decades, buyers visited homes without understanding whether the agent showing the property was legally representing them or working for the seller. That lack of clarity led to misunderstandings about loyalty, confidentiality, and fees.
The revised Florida rules require real estate professionals to establish representation in writing before unlocking a door. This guarantees:
- You have a veteran broker advocating exclusively for your interests in price negotiations and contract terms.
- Full due diligence on property condition, comparable sales, title records, and appraisal contingencies.
- Absolute clarity on broker compensation with zero surprise closing charges.
Frequently Asked Questions About the Florida BBA
1. Are commissions fixed by Florida law?
No. Broker commissions are fully negotiable between buyer and broker. There is no set or standard rate governed by statute or Realtor associations.
2. Can the seller still cover buyer agent compensation?
Yes. While cooperative compensation cannot be published on the MLS, sellers can still offer concessions or cover buyer broker fees in the purchase contract using the Florida Realtors CR-6 Addendum.
3. Showing Agreement vs. Exclusive Agreement — What is the difference?
A Showing Agreement covers specific properties for a short period. An Exclusive Agreement establishes a full partnership where Keith manages your entire search across Jacksonville and Northeast Florida, providing CMA valuations, writing offers, and negotiating repairs through closing.
4. What happens if a seller refuses to contribute toward buyer broker compensation?
You remain in total control. You can negotiate the purchase price to account for closing costs, request seller credits, or focus on homes with seller concessions. You will always know seller terms before making an offer.
5. Can I cancel if our working relationship isn't a good fit?
Yes. Client trust is the foundation of our business. If our partnership isn't meeting your needs, our agreements provide clean, fair mutual termination terms.
⭐ Transparent Brokerage Standards: Total Cost of Sale & Clear Terms
We never use open-ended or ambiguous commission ranges. Every client receives an exact, written fee schedule and a comprehensive Total Cost of Sale walkthrough before viewing properties.