Agency
In Iowa, which party pays the real estate commission in most residential transactions?
AThe buyer always pays the commission
BThe seller typically pays the commission from sale proceeds✓ Correct
CThe Iowa Real Estate Commission sets and collects the fee
DBoth buyer and seller split the commission equally by law
Explanation
In Iowa, the commission is typically paid by the seller from the sale proceeds at closing, as specified in the listing agreement. However, commission structures are negotiable.
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