How Is My Realtor Paid?
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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Community Updates
Memorial Park Spirit Lake
Memorial Park
300 Lake Street
Spirit Lake, IA 51360
Located on a huge property, this park was renovated in 2012 adding new playground equipment with areas designated for young kids and areas for older kids all wrapped around a Splash Pad that the kids just love.
2 shelters, including the Clayton Seeman Memorial Shelter house. Also, access to bike trails, walking paths and around 1,500 feet of East Lake Okoboji shoreline, 2 docks, 2 handicap-accessible piers and more.
Okoboji Boat Works
Okoboji Boat Works is home to "The Fish Shack" and "The Inconvenience Store". Formerly a marina of thriving boat sales since 1890, OBW now offers up many different rentals, a 24 hour gas dock, excursion boats, and more. I remember the days as a child of fishing for crappie and blue gill here and along the docks of Smith's Bay. Though the scenery has changed, the outstanding fishing has not.
Wild Child
Wild Child, which features stylish clothing, accessories and awesome toys for children and newborns, is all about quality clothing and toys. Wild Child is the "go to" store for people with all budgets, and offers styles that cannot be found anywhere else, and strives to offer unique apparel and toys that are fun, functional and educational.