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

Greg Sheeler

Cell: 712.330.1573

Janie Eick

Cell: 712.339.0574

Brooke Jones

Cell: 641.420.2172

Aaron Jones

Cell: 712.320.9442

Community Updates

Humane Society of NW Iowa

Humane Society of NW Iowa in Milford

The Humane Society of NW Iowa is an amazing non-profit organization in the lakes area. They are a no-kill shelter, run on donations from locals, and special events in the area throughout the year. The facility has started "PAWS with a Cause," a program that gives back to the community, by bringing animals to care facilities in the area, as well as provide a program for the youth in the area to teach them about how to be a responsible pet owner.

Real Estate and MLS Homes For Sale in Milford

Riddle Me That

Riddle Me That in Arnolds Park

Riddle Me That is a brand new escape room in Arnolds Park. Its an awesome place to bring the family for a thrill, or the perfect team building activity for the office. The goal is to find clues, solve the mystery, and escape the room before the time runs out. Perfect for a rainy summer day, or just a day you need a little adventure in your life!

Real Estate and MLS Homes For Sale in Arnolds Park

St. Patrick's Day!

St. Patrick's Day! in Emmetsburg

Check out Emmetsburg for your St. Patrick's Day celebration! You may just be surprised what a great location this is for some fun. It was even featured among the 10 most surprising places to celebrate St. Patty's!. See for yourself below!

Real Estate and MLS Homes For Sale in Emmetsburg

Subscribe To Our Newsletter