Florida is one of the most active real estate markets in the country — and it allows buyer agent commission rebates. That means when you buy a home in Florida, your buyer's agent can return part of their commission to you at closing.
With ShopProp's flat $1,995 buyer fee, the math is simple: the seller offers a buyer agent commission (typically 2.5%), ShopProp takes $1,995, and you keep the rest.
Florida Buyer Rebate by Market
| Market | Median Home | 2.5% Commission | ShopProp Fee | Your Rebate |
|---|---|---|---|---|
| Palm Beach | $3,500,000 | $87,500 | $1,995 | $85,505 |
| Coral Gables | $1,200,000 | $30,000 | $1,995 | $28,005 |
| Miami Beach | $900,000 | $22,500 | $1,995 | $20,505 |
| Key West | $900,000 | $22,500 | $1,995 | $20,505 |
| Naples | $750,000 | $18,750 | $1,995 | $16,755 |
| Boca Raton | $650,000 | $16,250 | $1,995 | $14,255 |
| Miami | $600,000 | $15,000 | $1,995 | $13,005 |
| Fort Lauderdale | $500,000 | $12,500 | $1,995 | $10,505 |
| Tampa | $420,000 | $10,500 | $1,995 | $8,505 |
| Orlando | $400,000 | $10,000 | $1,995 | $8,005 |
How the Florida Buyer Rebate Works
- Find your home — search on Zillow, Redfin, or shopprop.com
- Engage ShopProp — sign a buyer representation agreement at $1,995 flat fee
- Make your offer — ShopProp's managing broker structures your offer, reviews disclosures, and negotiates terms
- Close and collect — at closing, the seller pays the buyer agent commission (typically 2.5%). ShopProp takes $1,995 and rebates the rest directly to you
Is It Legal?
Yes. Florida allows buyer agent commission rebates. There is no state law prohibiting agents or brokers from returning commission to buyers at closing. ShopProp's rebate model is fully compliant with Florida real estate regulations.
ShopProp's Florida licenses: Corporate CQ1072513, Managing Broker Rob Luecke Jr BK3666714.
Why a Managing Broker Matters in Florida
Florida's market has unique risks that make representation essential:
- Hurricane and flood disclosure — Florida law requires disclosure of known material defects, including water damage and flood zone status
- HOA scrutiny — many Florida communities have complex HOA structures with special assessments, rental restrictions, and reserve fund issues
- Insurance market volatility — Florida's property insurance market is among the most expensive and volatile in the country
- Title issues — Florida's title and closing process requires careful navigation
A managing broker with 19 years of experience catches issues that a $399 MLS-only service never would.
ShopProp pioneered transparent flat-fee pricing nearly 20 years ago — not to discount real estate, but to elevate it.
As featured in
NPR · USA Today · New York Post · Brookings Institution · Mercury News · MarketWatch · Reddit
Calculate Your Florida Rebate
Use our savings calculator to see your exact rebate on any Florida home.