Mike Krein takes questions from Jennifer Clark, Broker with Glory International Real Estate Company in Orange City, Florida.

Real Estate Question and Answer:

Can you share some examples of agent compensation strategies?

First, this is a huge topic that could go on and on. There are many ways to handle agent compensation. The first thing to consider if you are a broker: run your office in a way that makes you happy. If you hate the way the office is run, you’ll burn out. Other things to consider: your business model, your growth strategy, and your office focus. One of Mike Krein’s areas of expertise, don’t miss his answer to this very important question: agent compensation.

Want more information on managing a brokerage? Take a look at our free, full lessons:

Agent Recruiting: The Lifeblood of Your Office Part 1

Agent Recruiting: The Lifeblood of Your Office Part 2

Let’s Talk

Do you have additional questions on this topic or want us to start a new discussion for FREE Broker School? Join the #freebrokerschool conversation – Leave your comments right here on our blog and continue the conversation. We want you to have any real estate tools you need at your disposal.

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Free Broker School and RIO Genesis are part of RIO Genesis Software Solutions, the industry’s premier Real Estate Brokerage Software.

FreeBrokerSchool.com is a resource to give brokers the advantage in running their offices. Hey – they know how to sell properties well, but they don’t always know all of the ins and outs of running a successful real estate brokerage. These videos are designed to give you the inside scoop from industry leader and success tornado, Mike Krein. You can’t take notes fast enough when he starts giving tips. These videos allow you to watch one nugget topic at a time, digest it and implement it to add to your success.

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Mike Krein

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