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Depends on their experience.
For Admin, yes.
really depends on the location, but as others have mentioned, $15/hr would be a good average starting spot. If the person has no interface with the client could be a bit less. If the assistant reaches the client, consider more.
In our area I think they start out at $15 and $20+ if license. I'm glad my wife is my right arm.
Start at 10 to 12 and allow for increases as they improve.
Give them everything that does not require a license to complete. Everything!
I would think it would depend on the market and the duties given. I know I paid an assistant $15 per hour, but she also helped me with videos.
It all depends on the skill level. Is the person experienced or a previous real estate agent? Is she a technical wizard or social media navigator or a good photographer? I would start at $10 an hour and up the wage for each skill that the person will be bringing to the table.
James Sanson - Ranked in the TOP 1% of Arizona - lots of factor that will decide the answer for this question. Location, on-going rates in the area, the type of work assigned, working virtually or at your office, part time or full time or any other benefits they want.
Now generalizing - it could be as low as $5/hour on Fiverr.com to a transaction based fees as a transaction coordinator or as much as 50K/year or even more - split with them on transaction.
It depends on going wages in your area. Then you have to pay well to keep them
Well, Tom Ferry recommends either hiring someone part-time, sharing them with another agent, or start with a small salary base + a dollar amount per closing.
I've heard a creative ideas (depending on the expertise of the licensed assistant) you can hire them as an intern if they can learn from your expertise and you benefit from their help and them pay them a certain amount per closing.
I am in the same boat as you. I need one. My mentor said they doubled their business the year they hired one because they were able to focus on the task at hand. Good luck! Keep me posted!
Make it higher than the wages of your office secretary.