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

Aaron Jones

Cell: 123.475.4564

Janie Eick

Cell: 712.339.0574

Community 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.

Real Estate and MLS Homes For Sale in Algona

Sunshine Foods

Sunshine Foods in Milford

Sunshine Foods, located on Highway 71, is Milford's only full service supermarket offering Fresh Produce - Butcher Fresh Meats - Deli - Kitchen

Real Estate and MLS Homes For Sale in Milford

Boji Tan

Boji Tan in Spirit Lake

Boji Tan is a great tanning salon located in Spirit Lake. They offer different types of beds that are four different levels. This local business is very clean and the staff is always friendly and provides you with great service. At Boji Tan they don't only offer tanning but you are able to purchase AdvoCare products also. If you are going on a trip and want to get a base tan before you leave or if you just want to warm up on those cold summer days make sure to stop at Boji Tan!

Real Estate and MLS Homes For Sale in Spirit Lake

Subscribe To Our Newsletter