How Is My Realtor Paid?
Seller's agent (or listing agent)
The sellers and their agent agree to a commission percentage, in which the agent’s payment is based on the final sale price. The amount will vary depending on the area and the agent.Buyer's agent
At the close of the transaction, the seller's agent splits the predetermined commission with the buyer’s agent as compensation for delivering a buyer. This split is usually about half of the total commission. For example, if a listing is listed with a 6% commission, the typical breakdown is 1.5% to the listing broker and 1.5% to the selling broker. Then 1.5% to each agent. Most brokers and agents spend a tremendous amount of money on marketing every year. It takes a lot of money to sell a home.Get In Touch
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Community Updates
Okoboji Store
Bringing back the old Okoboji general store from 1884, the Okoboji Store has made a huge name for itself since it opened in 2015. The Okoboji Store is nearly always busy, thanks to their amazing food and drinks. They serve breakfast, lunch, and dinner, during the summer and fall. The restaurant also hosts some of the areas best live musicians, which is always a great time. But, the best part of the Okoboji Store is of course, the view of the lake. Its beautiful location is sure to keep anyone coming back for more.
Rabab's at the Lake
Best food in town? We sure think so. Rabab has outdone herself here in the Central Emporium! This upscale, fine dining restaurant will not disappoint. She offers Mediterranean and American dishes. The food is the best part, but Rabab's also has arguably one of the best views, overlooking beautiful West Okoboji lake. Not only is her food extraordinary, she offers an extensive selection of fine wines and cocktails.
Spencer Golf & Country Club
Spencer Golf & Country Club, established in 1919, is a Semi-Private Golf Club featuring its well manicured 18 hole championship golf course and full service restaurant experience. Outstanding membership rates are available to residents, non-residents, and corporations. If a membership isn't right for your needs, non-residents of Spencer are welcome to play anytime that the course is available, as often as you would like. If you are looking to host a corporate outing, organization fundraiser outing, or group golf outing, look no further than Spencer Golf & Country Club. We can accommodate groups as big as 200 golfers and more with all the professional golf tournament services. The Country Club is also an excellent choice for your next business meeting, banquet, or wedding reception.