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
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Local Expert Updates
Janie Eick
Cell: 712.339.0574
Brooke Jones
Cell: 641.420.2172
Aaron Jones
Cell: 123.475.4564Community Updates
EAST Algona
Real Estate and MLS Homes For Sale in Lakes Agent Insight Description of East Lake Rush Lake in the Lake Section of the Area Category.
EAST Algona
Real Estate and MLS Homes For Sale in Lakes Agent Insight Description of East Lake Rush Lake in the Lake Section of the Area Category.
Pirate's Cove Adventure Golf
X marks the spot for this family fun pirate themed mini golf! Pirate's Cove is located in Arnolds Park right next to the amusement park. The kids will love this summer activity. They will be able to putt their way through caves, over bridges, and under waterfalls. Being right in the middle of all the summer action you are also walking distance everything that downtown Arnolds Park offers.