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Impact Real Estate Group

Impact Real Estate Group Services

Real Estate Team · Iowa City, Iowa

11:39 PM in Iowa City Directions

Here is what working with Impact Real Estate Group in Iowa City typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

Buying a home

Buyer strategy session

Clarifies budget, loan pre-approval status and the representation agreement now required in Iowa.

Home tours and listing alerts

Setting up searches for Iowa City area listings and arranging showings as soon as homes go live.

Offers and counteroffers

Contract terms, earnest money, inspection and appraisal contingencies explained step by step.

Getting to the closing table

Coordinating with the lender, title or escrow office and the other agent so nothing slips.

Seller services

Home valuation

A written price opinion built from sold, pending and active Iowa City area comparables.

Getting the home market-ready

Staging suggestions, small fixes and scheduling professional photos.

Marketing the listing

MLS exposure, online listing portals, signage and open houses where they make sense.

Showings, offers and closing

Scheduling showings, reviewing offers and managing the contract to closing.

How a typical transaction works

  1. ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
  2. PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
  3. Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
  4. NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
  5. CloseFinal walk-through and signing with the title or escrow company under Iowa rules.

Typical costs on an Iowa City home

Illustrative figures for a home at the local typical value of $303,890. Real numbers depend on your agreement, lender and title company.

ItemRateOn $304K
Listing-side commission (negotiable)2.5–3%$7,597–$9,117
Buyer-side compensation (negotiable)2–3%$6,078–$9,117
Buyer closing costs (lender, title, escrow)2–5%$6,078–$15,195
Home inspectionflat$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Seller net proceeds

Starts from the typical Iowa City home value. Every percentage is negotiable; enter your own.

Commission—
Closing costs—
Estimated net—

Questions about these services

How are real estate agents paid in Iowa?
Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.
Does Impact Real Estate Group work with both buyers and sellers?
Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how Impact Real Estate Group handles dual agency or designated agency under Iowa law.
What should I prepare before the first meeting?
Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.