So if hiring a assistant, should you tie a bonus in on her wages?

Question

Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes)

Answers Subscribe to Answers

Sort

Ambassador
6,413,711

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

I aways keep the wage low with a bonus in months when she/he helps the company to excel.

Sep 01, 2015 02:01 PM

Upvote

2

Bob Crane

Stevens Point, WI
Nina Hollander, Broker

Charlotte, NC

Rainmaker
784,786

The Woodland Team of Texas

The Woodland Companies - Austin, TX

Land Specialists

Yes, but keep in mind that not all assistants are a "her".

Dec 21, 2018 12:07 AM

Upvote

1

Bob Crane

Stevens Point, WI

Rainmaker
1,663,836

John McCormack, CRS

Albuquerque Homes Realty - Albuquerque, NM

Honesty, Integrity, Results, Experienced. HIRE Me!

I would suppose it depends on her work performance and what you're paying her.

Sep 01, 2015 11:30 PM

Upvote

1

John McCormack, CRS

Albuquerque, NM

Rainmaker
5,110,554

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

An argument can be made for this, but it does depend on what you are paying your assistant. I had one in NYC who has a broker's license and didn't want to sell. I paid her nothing, but 5% of each commission and she made more money than many full-time agents in the office (and was very happy and loyal).

Sep 01, 2015 10:08 PM

Upvote

1

John McCormack, CRS

Albuquerque, NM

Rainmaker
2,374,231

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

great question - I think a bonus helps - we work essentially on bonuses

Sep 01, 2015 08:30 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
2,538,633

Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning Will. I have two assistants, pay them salary and bonuses.

Sep 01, 2015 05:54 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
979,596

Troy Erickson AZ Realtor (602) 295-6807

HomeSmart - Chandler, AZ

Your Chandler, Ahwatukee, and East Valley Realtor

Will - You can certainly start with a regular wage and then tie some sort of bonus based on performance/meeting certain goals/revenue generated.

Sep 01, 2015 04:31 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainer
231,224

Mike Rock

Complete Design - Granite Bay, CA

Granite Bay Luxury New Construction...For Less

OH HECK YA!!! and my dear Will :) arent i as a man good enough to be your assistant.. SORRRRY could resist that. yes for sure a bonus and a % on deals she gets/saves /influences etc

Sep 01, 2015 02:16 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
5,772,575

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Will,

It depends how you assess the situation. I would start with a regular salary to begin with, and she how it works out, and then if it does, think bonus. A

Sep 01, 2015 02:09 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
475,692

Bill Dandridge

MKB, Realtors - Roanoke, VA

GREEN, ABR, GRI, EcoBroker

Absolutely. It will enhance their feeling part of the tean, and prospering with you.

Sep 02, 2015 05:02 AM

Upvote

Rainmaker
699,277

Chris and Dick Dovorany

Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL

Broker/Associate at Premiere Plus Realty

Thats your call. Depends on how valuable the assistant is to you and how busy your business is.

Sep 02, 2015 04:11 AM

Upvote

Rainmaker
7,860,271

Roy Kelley

Retired - Gaithersburg, MD

Bonus arrangements are great incentives. However, I would wait to see some performance before offering additional incentives.

Sep 02, 2015 03:55 AM

Upvote

Rainmaker
1,466,257

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

Will Hamm It would depend whether the assistant was licensed.

Sep 01, 2015 11:54 PM

Upvote

Rainmaker
921,504

Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

Assistants eligible for bonus are those on the consumer contact lead generation and conversion tasks. No bonus for the assistant who edits the video tours and writes and creates the fliers.

A questioner yesterday was considering paying a telephone assistant $1,200 for every closed deal. Now that is a over the top bonus. That persons phone should be burned up with all the incoming requests to 'help' make those call.

Sep 01, 2015 09:53 PM

Upvote

Rainmaker
1,771,867

Noah Seidenberg

Coldwell Banker - Evanston, IL

Chicagoland and Suburbs (800) 858-7917

No, that should be based upon the quality of work. It can be an incentive?

Excellent question Will.

Sep 01, 2015 02:11 PM

Upvote

Back to Top

I aways keep the wage low with a bonus in months when she/he helps the company to excel.
I would suppose it depends on her work performance and what you're paying her.
An argument can be made for this, but it does depend on what you are paying your assistant. I had one in NYC who has a broker's license and didn't want to sell. I paid her nothing, but 5% of each commission and she made more money than many full-time agents in the office (and was very happy and loyal).
great question - I think a bonus helps - we work essentially on bonuses
Good morning Will. I have two assistants, pay them salary and bonuses.
Will - You can certainly start with a regular wage and then tie some sort of bonus based on performance/meeting certain goals/revenue generated.
OH HECK YA!!! and my dear Will :) arent i as a man good enough to be your assistant.. SORRRRY could resist that. yes for sure a bonus and a % on deals she gets/saves /influences etc
Will,

It depends how you assess the situation. I would start with a regular salary to begin with, and she how it works out, and then if it does, think bonus. A
Absolutely. It will enhance their feeling part of the tean, and prospering with you.
Thats your call. Depends on how valuable the assistant is to you and how busy your business is.
Bonus arrangements are great incentives. However, I would wait to see some performance before offering additional incentives.
Will Hamm It would depend whether the assistant was licensed.
Assistants eligible for bonus are those on the consumer contact lead generation and conversion tasks. No bonus for the assistant who edits the video tours and writes and creates the fliers.

A questioner yesterday was considering paying a telephone assistant $1,200 for every closed deal. Now that is a over the top bonus. That persons phone should be burned up with all the incoming requests to 'help' make those call.
No, that should be based upon the quality of work. It can be an incentive?

Excellent question Will.