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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Local Expert Updates

Janie Eick

Cell: 712.339.0574

Brooke Jones

Cell: 641.420.2172

Leah Hilpipre

Cell: 712.832.0051

Community Updates

Arnold's Bark-ery

Arnold's Bark-ery in Arnolds Park

This new business to the lakes area is sure to be a hit! Arnold's Bark-ery makes healthy, fresh made snacks for all of the lucky dogs in the surrounding Okoboji area. They also provide natural, and holistic pet foods in their shop. A fun place to bring your dog to shop, as well as a place to get them groomed. What a fun addition to the area!

Real Estate and MLS Homes For Sale in Arnolds Park

Jimmy John's

Jimmy John's in Spirit Lake

Jimmy John's slices our all-natural meats and fresh veggies in-house every day. Our fresh-baked bread is made right here where you can see it, and our house-made tuna salad is fresh every day. The flavor of a ripe tomato, crisp shredded lettuce, combined with fresh-baked bread, fresh-sliced meat and real Hellmann's mayo - that's when the magic happens. Made with love every single day since 1983. That's Jimmy Fresh!

Real Estate and MLS Homes For Sale in Spirit Lake

The Coffee Shop

This quaint coffee shop in downtown Milford, IA is the talk of the town. You must stop in for a hot or cold drink and enjoy the atmosphere of this eclectic cafe. Locals and visitors alike enjoy meeting at this town favorite.

Real Estate and MLS Homes For Sale in Milford

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