Course description |
This course covers an integral part of any successful brokerage, which is coming up with a compensation plan. In this course, our goals are the following learning objectives: Identify and understand the relationship between compensation and profitability for a real estate brokerage.List and understand types of compensation to agents, Compare and analyze compensation programs and profitability, and employ compensation to direct agents’ efforts, e.g. more listings, more sales. Learn to assess the use of bonuses, both year end and signing, identify and debate profit sharing; including buy-ins, construct and share an operating statement for sharing with agents plus construct a sample compensation program for a brokerage.