sellboji

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

Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

712.330.0604

712.336.4967

Greg Sheeler Real Estate Professional (Real Estate Agent)

Greg Sheeler

Real Estate Professional

712.330.1573

712.336.4967

Liz Sandy Real Estate & Lakeshore Expert (Real Estate Agent)

Liz Sandy

Real Estate & Lakeshore Expert

712.330.1386

712.336.4967

Kymm Jones Real Estate Professional (Real Estate Agent)

Kymm Jones

Real Estate Professional

712.320.6737

712.336.4967

Community Updates

Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

 712.330.0604

 matt@okobojipropertygroup.com

Saint Mary's Catholic Church

Spirit Lake

Saint Mary’s Catholic Church 1005 Hill Ave Spirit Lake, IA 51360 Services Saturday at 5 p.m. (confessions at 4:30 p.m.) Sunday at 8:30 a.m. & 10:30 a.m. Tuesday, Thursday - 5:30 p.m.

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Greg Sheeler Real Estate Professional (Real Estate Agent)

Greg Sheeler

Real Estate Professional

 712.330.1573

 greg@okobojipropertygroup.com

Bella Via Salon & Day Spa

Okoboji

Bella Via Salon is made up of individual stylists, that are always learning more to make their clients look, and feel their best. This full service salon offers all hair needs, including hair cuts,

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Greg Sheeler Real Estate Professional (Real Estate Agent)

Greg Sheeler

Real Estate Professional

 712.330.1573

 greg@okobojipropertygroup.com

Ranch Okoboji

Okoboji

Ranch Okoboji has something for everyone. The ever popular mini golf course in Okoboji is a fun Wizard of Oz theme. They also have Tyotee's Mining, which is a fun little adventure for kids to mine

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