Commission Rates

Real Estate Commission Rates in Hollywood, FL (Current)

Current real estate commission rates in Hollywood, FL — ranges by price band, luxury tiers, rental fees, and how to benchmark a fair rate.

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Current real estate commission rates in Hollywood, FL

Total residential real estate commission rates in Hollywood, FL currently range from about 4% to 6% of the sales price, split between the listing brokerage and the buyer's brokerage. Most standard resale transactions in the $300K to $900K band land at 5% to 6% total. Luxury properties above roughly $1.5M frequently negotiate 4% to 5%. Rentals, commercial, and new construction follow separate fee structures. Every one of these rates is negotiated at the agreement level — there is no legally 'standard' commission in Florida.

The 5%-6% majority band

For sub-$1M Hollywood resales, 5% to 6% total is where most listing agreements sit today. The buyer-side portion is now negotiated per deal rather than automatically advertised on the MLS.

The luxury adjustment

Above $1.5M, total commissions usually compress because the absolute dollar amount is high. 4% to 5% total is common on Emerald Hills, Harbor Islands, and waterfront Hollywood Lakes listings.

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Rates by price band

Rate benchmarks vary meaningfully with price. Under $400K, commissions tend to sit at 6% total because the absolute fee barely covers professional marketing and thirty to sixty hours of transaction work. From $400K to $900K — the bulk of Hollywood's single-family and townhome market — 5% to 6% is standard. From $900K to $1.5M, expect 5% to 5.5%. Above $1.5M, 4% to 5% is typical. These are ranges, not quotes; your specific proposal depends on marketing scope, exclusivity, and term.

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Rental commission rates

Rental commissions in Hollywood follow a different logic. Annual leases typically pay one month's rent as total commission, split between the listing and tenant agent, and paid by the landlord. Seasonal Hollywood Beach rentals — often three-to-six-month terms — carry higher percentages of the aggregate rent, sometimes fifteen percent, and are frequently billed to the tenant. Corporate and executive relocations negotiate their own terms. If you are told the commission on a Hollywood rental with no reference to the term, ask.

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Commercial commission rates

Commercial real estate commissions in Hollywood follow lease size and term rather than sale price. For commercial leases, a common structure is 4% to 6% of aggregate lease value across the primary term, or a declining scale (for example, 6% year one, 5% year two, 3% years three-plus). For commercial sales, total commissions run 4% to 6% for standard retail and small office, and drop to 2% to 3% for larger institutional deals. Investment sales frequently negotiate custom structures tied to net operating income.

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New construction and referral fees

New construction commissions in Hollywood are set by the developer and paid to the cooperating buyer's agent — commonly 2.5% to 3% of the base price, occasionally with bonus incentives on specific inventory. Buyers rarely pay this directly. Referral fees between brokerages typically run 25% of the receiving side's commission, disclosed and paid at closing. Neither structure appears on the resale MLS the way traditional co-broke did, so ask your agent to explain any deal that involves non-standard compensation.

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How to benchmark a fair rate for your specific deal

The right commission rate is not the lowest one — it is the one that matches the marketing and transaction work your property actually needs. Benchmark by asking two other agents for a written proposal, comparing scope side by side, and adjusting to your risk tolerance on exclusivity and term. A 5.5% proposal with a full media package, twelve months of listing effort, and a defined open-house schedule can easily outperform a 4.5% proposal with a bare-bones listing. Fair means aligned to scope.

Serving clients across Hallandale Beach and Dania Beach and the surrounding South Florida communities.

FAQ

Frequently Asked Questions

What is the average real estate commission rate in Hollywood, FL?

Most standard resale transactions run 5% to 6% total. Luxury properties above roughly $1.5M often negotiate 4% to 5%. Rentals and commercial follow separate structures. Every rate is negotiated at the agreement level.

Are real estate commissions negotiable in Florida?

Yes. Every commission in Florida is negotiable and must be disclosed in the written listing agreement or buyer-broker agreement. There is no legally standard rate.

What is the commission rate on a Hollywood Beach rental?

Standard annual-lease commissions equal one month's rent, split between the listing and tenant agent and typically paid by the landlord. Seasonal rentals often carry higher percentages of aggregate rent and may be billed to the tenant.

Do luxury homes pay lower commission rates?

Often yes. Above roughly $1.5M in Hollywood, total commissions frequently compress to 4% to 5% because the absolute dollar amount is large. The exact rate is still negotiated on the listing agreement.

What is a fair commission rate for a Hollywood listing?

Fair means aligned to scope. Compare two or three written proposals on marketing, term, and exclusivity. A slightly higher rate paired with a real marketing plan usually returns more than a cheaper rate with a thin plan.

Who sets real estate commission rates in Florida?

The individual listing agreement between seller and brokerage sets the rate. Brokerages have internal guidelines, but nothing legally binds a specific number. Rates are always disclosed in writing before signing.

How did the 2024 NAR settlement affect commission rates?

It removed the requirement that buyer-agent compensation be advertised on the MLS and required written buyer-broker agreements. Total rates have not dropped meaningfully in Hollywood; the mechanism for compensating the buyer's agent is what changed.

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