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

Aaron Jones

Cell: 234.234.2342

Matt Rogers

Cell: 712.330.0604

Brooke Johnson

Cell: 641.420.2172

Community Updates

Comfortec Heating, Cooling & Plumbing

Comfortec Heating, Cooling & Plumbing in Spirit Lake

Comfortec has trained and licensed technicians who can handle the job whether you have no heat or a loud noise coming from your equipment. We are a Carrier, Ruud and Lennox dealer giving us an advantage when it comes to working with different types of furnaces. We carry a wide variety of parts and can service any brand of furnace or AC. When it comes to needing someone to come handle your heating or cooling issue, we get there fast and get the job done right anywhere in our service region. Additionally, we provide emergency service 24 hours a day, 7 days a week because problems with your heating and cooling systems or plumbing rarely only occur during a normal workday.

Real Estate and MLS Homes For Sale in Spirit Lake

Dawn's Dance Connection

Dawn's Dance Connection in Spirit Lake

Dawn’s Dance Connection
3140 18th St
Spirit Lake, IA 51360

Dawn's Dance Connection is a dance studio that has been located in Spirit Lake, Iowa, for the past 25 years. They teach children ages preschool to high school seniors. There are many fun class options available - tap, jazz, hip hop, modern, ballet, lyrical, pointe, and tumbling.

Real Estate and MLS Homes For Sale in Spirit Lake

Arnolds Perk Coffee House

Arnolds Perk Coffee House in Arnolds Park

You can't come to the Lakes Area, and not go to Arnolds Perk. This whimiscal little coffee shops is always very busy in the summers, and rightfully so; their coffee is amazing! They also have breakfast, lunch, and their ever famous cupcakes, along with their coffee drinks. Located just across the street from the Arnolds Park amusement park, its the perfect place to stop at on your vacation in the mornings!

Real Estate and MLS Homes For Sale in Arnolds Park

Subscribe To Our Newsletter

Offers Excellent Combination Of Location & Quality