---
title: iBroker Blog  | compensation
description: compensation | The iBroker Blog offers business and technology information, tips and advice of interest to North American real estate Brokers
---

[![Go iBroker](https://www.goibroker.com/hubfs/Goibroker_July2017/images/loginbar-logo.png)](https://www.goibroker.com)

- Features 
    - [Transactions](https://www.goibroker.com/transactionmanagement)
    - [Financials](https://www.goibroker.com/financialmanagement)
    - [Recruiting](https://www.goibroker.com/manage-recruitment)
    - [Integrations](https://www.goibroker.com/integrations)
- Resources 
    - [Testimonials](https://www.goibroker.com/testimonials)
    - [Broker Tips & Info](https://www.goibroker.com/broker-tips-and-information)
    - [Training & Support](https://www.goibroker.com/training-and-support)
    - [FAQ](https://www.goibroker.com/faq)
- [Login](https://app.goibroker.com/login.aspx)
- [Request a Demo](https://www.goibroker.com/demo)
- [Contact Us](https://www.goibroker.com/contact-us)

- Features 
    - [Transactions](https://www.goibroker.com/transactionmanagement)
    - [Financials](https://www.goibroker.com/financialmanagement)
    - [Recruiting](https://www.goibroker.com/manage-recruitment)
    - [Integrations](https://www.goibroker.com/integrations)
- Resources 
    - [Testimonials](https://www.goibroker.com/testimonials)
    - [Broker Tips & Info](https://www.goibroker.com/broker-tips-and-information)
    - [Training & Support](https://www.goibroker.com/training-and-support)
    - [FAQ](https://www.goibroker.com/faq)
- [Login](https://app.goibroker.com/login.aspx)
- [Request a Demo](https://www.goibroker.com/demo)
- [Contact Us](https://www.goibroker.com/contact-us)

## [Nine Principles of Designing Profitable Compensation Programs](https://www.goibroker.com/blog/9-principles-of-designing-profitable-compensation-programs)

 Posted by [Peter Mueller, CEO of The Profit Centre](https://www.goibroker.com/blog/author/peter-mueller-ceo-of-the-profit-centre) on 1/31/19 5:00 PM

- [Tweet](https://twitter.com/share)

[![](https://www.goibroker.com/hubfs/photo_handovercheck_341x241pxw.png)](https://www.goibroker.com/blog/9-principles-of-designing-profitable-compensation-programs)

Before designing a compensation program it is important to first identify who your customer truly is before you start recruiting. I believe that many Brokers do not have a defined outline of the REALTOR® they want to attract. Given the challenges of recruitment, Brokers tend to be seduced by the physiological win of a new heartbeat as opposed to being focused on acquiring the *right* REALTOR®. The result is often the development of compensation programs designed to attract them on price.

[Read More](https://www.goibroker.com/blog/9-principles-of-designing-profitable-compensation-programs)

 Topics: [Office Management](https://www.goibroker.com/blog/topic/office-management), [profitability](https://www.goibroker.com/blog/topic/profitability), [iBroker](https://www.goibroker.com/blog/topic/ibroker), [brokers](https://www.goibroker.com/blog/topic/brokers), [peter mueller](https://www.goibroker.com/blog/topic/peter-mueller), [compensation](https://www.goibroker.com/blog/topic/compensation)

### Recent Posts

### Posts by Topic

- [Office Management (26)](https://www.goibroker.com/blog/topic/office-management)
- [iBroker (20)](https://www.goibroker.com/blog/topic/ibroker)
- [brokers (14)](https://www.goibroker.com/blog/topic/brokers)
- [back office (12)](https://www.goibroker.com/blog/topic/back-office)
- [Real Estate Software (9)](https://www.goibroker.com/blog/topic/real-estate-software)
- [Integration (7)](https://www.goibroker.com/blog/topic/integration)
- [profitability (6)](https://www.goibroker.com/blog/topic/profitability)
- [recruitment (6)](https://www.goibroker.com/blog/topic/recruitment)
- [PeterMueller (4)](https://www.goibroker.com/blog/topic/petermueller)
- [ProfitCentre (4)](https://www.goibroker.com/blog/topic/profitcentre)
- [Streamline Billing (4)](https://www.goibroker.com/blog/topic/streamline-billing)
- [backoffice (4)](https://www.goibroker.com/blog/topic/backoffice)
- [gross profit (4)](https://www.goibroker.com/blog/topic/gross-profit)
- [opportunity cost (4)](https://www.goibroker.com/blog/topic/opportunity-cost)
- [real estate strategy (4)](https://www.goibroker.com/blog/topic/real-estate-strategy)
- [transaction management (4)](https://www.goibroker.com/blog/topic/transaction-management)
- [Real Estate (3)](https://www.goibroker.com/blog/topic/real-estate)
- [productivity (3)](https://www.goibroker.com/blog/topic/productivity)
- [retention (3)](https://www.goibroker.com/blog/topic/retention)
- [Brokerage (2)](https://www.goibroker.com/blog/topic/brokerage)
- [RE/MAX (2)](https://www.goibroker.com/blog/topic/re-max)
- [ROI (2)](https://www.goibroker.com/blog/topic/roi)
- [Reduce Overhead (2)](https://www.goibroker.com/blog/topic/reduce-overhead)
- [agent management (2)](https://www.goibroker.com/blog/topic/agent-management)
- [automation (2)](https://www.goibroker.com/blog/topic/automation)
- [peter mueller (2)](https://www.goibroker.com/blog/topic/peter-mueller)
- [technology (2)](https://www.goibroker.com/blog/topic/technology)
- [Comprehensive Dashboard (1)](https://www.goibroker.com/blog/topic/comprehensive-dashboard)
- [DocuSign (1)](https://www.goibroker.com/blog/topic/docusign)
- [Teams (1)](https://www.goibroker.com/blog/topic/teams)
- [benchmark (1)](https://www.goibroker.com/blog/topic/benchmark)
- [broker reports (1)](https://www.goibroker.com/blog/topic/broker-reports)
- [change management (1)](https://www.goibroker.com/blog/topic/change-management)
- [compensation (1)](https://www.goibroker.com/blog/topic/compensation)
- [nar (1)](https://www.goibroker.com/blog/topic/nar)
- [office communication (1)](https://www.goibroker.com/blog/topic/office-communication)
- [real estate leaders (1)](https://www.goibroker.com/blog/topic/real-estate-leaders)
- [survey (1)](https://www.goibroker.com/blog/topic/survey)
- [video (1)](https://www.goibroker.com/blog/topic/video)

see all

[About Us](https://www.goibroker.com/about-gryphtech) | [Newsroom](https://www.goibroker.com/newsroom) | [Subscribe to Blog](https://www.goibroker.com/blog) | [Privacy](https://www.goibroker.com/privacy) | [Terms of Use](https://www.goibroker.com/terms-of-use) | [Contact Us](https://www.goibroker.com/contact-us) | 1.833.8BROKER (1.833.827.6537)

© Copyright GryphTech Inc.

- <https://www.facebook.com/GryphTech/> <https://www.twitter.com/gryphtech> <https://www.linkedin.com/company/gryphtech>