Research the price
Your agent compares recent sales and active competition in the same building or area. Offer a price based on that analysis, not only on the asking price.
Contract and key terms
Florida buyers commonly use the standard Florida Realtors/Florida Bar contract forms. Key terms are price, deposit, inspection period, financing and appraisal terms, closing date and what is included.
Deposit and escrow
The deposit is held by an escrow agent such as a title company or attorney. Know when it becomes at risk under your contract.
Protect yourself
Keep the inspection period long enough to review condo documents and inspect. Have an attorney or experienced agent review the contract. Lidiya Tretyak is a licensed Florida real estate agent with Douglas Elliman and speaks English, Russian and Ukrainian; the first consultation is free.
This guide is general information, not legal or tax advice. Laws and programs change — confirm details with a Florida attorney and a US tax professional.
