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

Aaron Jones

Cell: 712.320.9442

Matt Lippon

Cell: 712.330.0604

Community Updates

The West Lake "Tie Up"

The West Lake

For most leisure boaters in the Iowa Great Lakes, there are 2 main hot spots to go throw an anchor, sit back, and just relax. Sometimes this will result in numerous boats tying up to one another (you may not even know your neighbor), and sometimes it results in a little more privacy where you can chill just by yourself. Every weekend, boaters make the trek across the deepest parts of West Lake to either Gull Point (North AND South side) and Miller's Bay. Thought there are many other great areas to throw an anchor, relax, and swim, these are the two hot spots. If you aren't sure where to go on a Saturday afternoon or wonder where your friends might be, these two spots would be a good start.

Real Estate and MLS Homes For Sale in West Lake Okoboji Find more about West Lake Okoboji Learn More Here

WEST Algona

Real Estate and MLS Homes For Sale in Lakes Agent Insight Description of West Lake Rush Lake in the Lake Section of the Area Category

Real Estate and MLS Homes For Sale in Algona Find more about Algona

Athletic Republic Spirit

Athletic Republic Spirit in Spirit Lake

Athletic Republic Spirit
1380 Lake St
Spirit Lake, IA 51360

Located behind Central Bank in Spirit Lake, just one block off of Hwy 9 and 71.

24 hour health club with free weights, machine weights, cardio machines, as well as kettle balls, battle ropes and more.

Athletic Republic and Levi Markwardt have developed a great reputation throughout the Iowa Great Lakes area for Adult personal training and Performance training for athletes.

Call for more info at 712-336-4040

Real Estate and MLS Homes For Sale in Spirit Lake Find more about Spirit Lake Learn More Here

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