Buying or Selling Vacant Land
- These transactions are generally the same as for either commercial or residential transactions.
- Real Estate Agent commissions are usually higher than for improved property.
- Typical commissions are between 8 and 10 percent, yet negotiation of the percentages is possible.
This information is not intended as a conclusive explanation of the Law of Real Estate Transactions in Florida. It is to be considered only a summary for clients or prospective clients of this law firm. If you have any questions concerning a specific real estate transaction, you should consult an attorney experienced in the practice of real estate law.