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.

Get In Touch

Local Expert Updates

Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

712.330.0604

712.336.4967

Brooke Stecker Team Evans and Stecker (Real Estate Agent)

Brooke Stecker

Team Evans and Stecker

641.420.2172

712.336.4967

Community Updates

Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

 712.330.0604

 matt@okobojipropertygroup.com

Sawmill Bridge-Park

Arnolds Park

Sawmill Park/Bridge Located at 314 Rohr Street in Arnolds Park sits a great family park, with newer playground equipment, a basketball hoop and a shelter area. Also located here is the Sawmill

More Info
Greg Sheeler Real Estate Professional (Real Estate Agent)

Greg Sheeler

Real Estate Professional

 712.330.1573

 greg@okobojipropertygroup.com

Humane Society of NW Iowa

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

More Info
Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

 712.330.0604

 matt@okobojipropertygroup.com

Brooks North

Okoboji

Brooks North is a newer housing development located on a cul-de-sac offering beautiful views of Brooks Golf Club, ponds, nature areas, the bike trail system and the Nature Center. There are many

More Info

Subscribe To Our Newsletter

The newsletter is sent periodically and will updated you on the latest real estate news and offers.

Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×