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Updated about 8 years ago on . Most recent reply
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Appropriate pay for sales team?
By 'team' I currently mean one individual, young guy who we will train and has no direct background in sales.
He would meet with motivated sellers from leads my partner and I would generate through direct mail marketing and bandit signs.
What is an appropriate amount he should be paid? I was thinking a flat fee per deal and percentage beyond set # he's able to negotiate.
Curious for input or from others who have a similar job-titled team member and what you pay him.
About a third of or deals my partner and I will do flips and the rest will be wholesaled. We will be putting the upfront cost of marketing and he has no money out of pocket.
Most Popular Reply
Depending on the amount of work involved, I'd pay something like 3000 a month + 10% net profit on each deal they get under contract. The 10% incentive is large enough to push them to negotiate well. That's a quick 1k on a 10k assignment fee.