How Is My Realtor Paid?

Like professionals in other sales-based industries, the Realtor pay structure is based largely on commissions derived from successful transactions. Here's how it works:
 
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

Local Expert Updates

Janie Eick

Cell: 712.339.0574

Brooke Jones

Cell: 641.420.2172

Community Updates

Snappers Turtle Bay Cafe

Snappers Turtle Bay Cafe in Okoboji

Come to Snappers Turtle Bay Cafe and enjoy the relaxing laid back island atmosphere that you can only find along the waters of Turtle Bay. Open to the public for lunch and dinner, Snappers menu is unique to Okoboji which offers quality food and service that is sure to please visiting patrons.

Real Estate and MLS Homes For Sale in Okoboji

Little Swan Lake Winery Bed and Breakfast

Little Swan Lake Winery Bed and Breakfast in Estherville

Little Swan Lake Winery is a family owned and operated business located 1-1/2 miles north of the small town of Superior in Northwest Iowa. The tasting room, a remodeled 1920's barn, features 35 different wines all produced on site, a selection of gourmet cheeses, and buffalo meat from the owners herd which roams nearby. The vineyard consists of two acres of northern cold hardy grapes. The gift shop features clothing and wine related items. Little Swan Lake is dedicated to producing the finest and most enjoyable wines and invite you to spend an hour or an afternoon with them. The bed and breakfast is a renovated grain elevator and is a great place to relax and enjoy the beauty that is Little Swan Lake! They have weekly live music, check their website for the schedule!

Real Estate and MLS Homes For Sale in Estherville

The Waterfront

The Waterfront in East Lake Okoboji

The Waterfront has been a really great addition to the Iowa Great Lakes. Located on the Bridges Bay campus, it is easy to find by car or boat. Streak, seafood, pasta, crepes, pizza and numerous delicious sides on the shores of East Lake will have you always coming back for more. Also try their Sunday brunch, it will not disappoint.

Real Estate and MLS Homes For Sale in East Lake Okoboji

Subscribe To Our Newsletter