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Rainer
279,248
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

I am not sure. Hourly sounds better.

Jun 24, 2018 08:14 PM
Rainmaker
629,063
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

I pay a salary - and bonus.

Feb 10, 2018 10:01 PM
Rainmaker
4,796,451
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

A combination.

Jan 15, 2018 06:04 AM
Rainmaker
3,049,771
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

If they are not licensed it cannot be a commission....

Jun 16, 2017 05:07 AM
Rainmaker
4,019,856
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I had a virtual assistant for some of my deals, and paid by the deal.

Feb 22, 2015 08:22 AM
Rainmaker
2,972,594
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Charles, some of it I believe depends on whether your assistant is licensed or not. I prefer an hourly wage, myself. Easier in the end to account for in terms of payroll and taxes, as well.

Feb 15, 2015 08:19 PM
Ambassador
4,298,221
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

It depends - what you want from them. If it is simple 'VA' kind of work, hourly is the best. Showing assistants - the same way, however, Buyer's agent - go for split.

(Actually, Red Book of Real Estate has great guidelines.)

Feb 15, 2015 01:01 PM
Rainmaker
2,189,289
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

I pay by percentage and flat rate, a combination, depending on task. My assistant works evenings and weekends and responds immediately to emails and calls during the day, and I don't know what I would do without her. I don't mind being a little generous for that kind of fanatical support.

Feb 15, 2015 11:07 AM
Rainmaker
1,675,306
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We have our assistant on an hourly wage.

Feb 15, 2015 10:53 AM
Rainmaker
3,977,611
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

That is hard...if you have a rough spot, they may quit and go elsewhere when you need them most...I would do hourly

Feb 15, 2015 10:52 AM
Rainmaker
1,558,040
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Depends on what they do.  What are the tasks assigned?  Sometimes people will rip you off and do nothing for the hourly rate.  But, give them a commission and they might work their tails off.  You also need to check with wage & hour laws in your state.  Do you want to be an employer?  Or hire a vendor?

Feb 15, 2015 10:35 AM
Rainmaker
638,897
Bill Reddington
Re/max Southern Realty - Destin, FL
Destin Florida Real Estate

Here is Florida...Wage plus bonus. Can't pay a commission unless they are licensed.

Feb 15, 2015 07:45 AM
Rainmaker
633,936
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Like most I think the wage plus bonus is the best way to compensate your assistant.

Feb 15, 2015 06:10 AM
Rainmaker
53,468
Rose Osman
John Aaroe Group - Sherman Oaks, CA

I agree with everyone above, an hourly wage and a bonus on each closed transaction will keep your assistant motivated and interested in a good outcome for every escrow!

Feb 14, 2015 11:04 PM
Ambassador
3,981,938
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I pay mine by the hour. In the past I paid an hourly wage plus a percentage on the closed transactions. This was a licensed assistant though. Now my assistant isn't licensed so the wage works well and she seems content.

Feb 14, 2015 10:15 PM
Rainmaker
211,948
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

I always paid hourly with a bonus.

Feb 14, 2015 09:53 PM
Rainmaker
2,941,245
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

In NH the key was if they are scheduled or required to complete tasks, they are considered an employee and not an independant contractor. It means payroll taxes, SS nd unemployment insurance. 

Feb 14, 2015 09:43 PM
Rainmaker
3,186,375
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

In Wisconsin...not really sure you COULD pay commission IF the assistant is not licensed....Perhaps bonus payment at some point..I would check with a local real estate attorney for what applies in your state.

 

Feb 14, 2015 09:40 PM
Rainmaker
4,431,972
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not have an assistant but I think it is a good idea to pay an hourly wage as well as a bonus.

Feb 14, 2015 09:38 PM