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.

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Liz Anders

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Community Updates

Elinor Bedell State Park

Elinor Bedell State Park in Spirit Lake

Elinor Bedell State Park

located on 80 acres of land this property was gifted by former U.S. Congressman Berkley Bedell and his wife Elinor. Berkley was also the original business man who began the Berkley Fishing company which started in Spirit Lake and was taken world-wide.

The park offers prairie and wetland areas to navigate, with miles of trails, a campground, playground equipment, a shelter overlooking the lake and more.

Real Estate and MLS Homes For Sale in Spirit Lake

Brooks Golf Course

Brooks Golf Course in Okoboji

Brooks Golf Club is one of the premier golf courses in the Iowa Great Lakes. Located in Okoboji, Iowa, Brooks is one of the few 27 hole golf courses in Iowa. I've personally been a member here for a number of years, and can tell you that not other course offers the beauty and upkeep that Brooks provides. The numerous flower beds, Caribbean beach like bunkers, bent grass fairways, natural prairie grass, and rolling hills provide for an aesthetic pleasure as you play all 27 holes. Brooks also has one of the nicest practice facilities in the state as well. Come say hi to John, Bret and their teams of professionals. if you are an avid golfer and in Boji, you won't want to miss these links.

Real Estate and MLS Homes For Sale in Okoboji

West Boutique

West Boutique in Okoboji

West Boutique located at Okoboji Boat Works Marina carries all of the latest fashions for women of all ages and sizes.
Available brands: Free People, Anama, Velvet Heart, KUT Denim, Articles of Society, Grace in LA, Lush, Willow & Clay, Pink Martini, Pixie Mood, and more!

Real Estate and MLS Homes For Sale in Okoboji

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