Practice Quiz

Florida Real Estate Exam

Category - Florida

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According to Florida law, the amount of commission a broker may charge is:
  1. 5%
  2. 7.50%
  3. Any rate which has been agreed to by either the buyer or the seller, and the broker
  4. Varies depending on the county’s jurisdiction
Explanation
Answer C - The amount of commission is negotiable, and is determined by an agreement by either buyer or seller, and broker.
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