Question
The commission rate as per Stacey Simpson employment agreements states that she will receive 43% of the agency gross commission as she is still developing
The commission rate as per Stacey Simpson employment agreements states that she will receive 43% of the agency gross commission as she is still developing her skills and requires assistance with her list to sell ratio of 50%, appointment to list ratio of 4:1 and appointment setting skills of 33 contracts to appointment set.
Stacey's core area of business contains property that sell for an average price of $750,000.00.
Fill in the table below to work out the KPI's that Stacey would need to achieve to be used at his one-on-one meeting with Stacey as part of discussions and weekly reviews to ensure that Stacey is meeting her expected KPI's.
Stacey's Information | |
Peter's Gross Income Goal | $ Answer |
Peter's Commission % Entitlement | Answer % |
Peters List to Sell Ratio | Answer % |
Peters Appointment to List Ratio | Answer : Answer |
Contacts to Appointment Ratio | Answer : Answer |
Average Fee Per Sale | $ Answer (Agency) $ Answer (Stacey) |
Expected KPI's Over 12 months | |
Number of Sales Required | Answer Sales |
Number of Listings Required | Answer Listings |
Number of Appointments | Answer Appointments |
Number of Contacts | Answer Contacts |
Expected KPI's Monthly | |
Number of Sales Required | Answer Sales / month |
Number of Listings Required | Answer Listings / month |
Number of Appointments | Answer Appointments / month |
Number of Contacts | Answer Contacts / month |
Note: Assume 4.3 weeks in a month.
Expected Weekly KPI's | |
Number of Contacts | Answer contacts / week |
Expected Daily KPI's | |
Number of Contacts | Answer contacts / day |
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