I own my own property management firm and was looking to find out what to pay a CEO. On an average how much would a CEO would make in this field. (Real estate, buying and saleing homes, managing rental units.)
2007-08-05 06:18:18 · 7 answers · asked by L1 1 in Business & Finance ➔ Renting & Real Estate
I budgeted the office at 50 million dollars a year, they will be top floor (man or lady) office isnt up and running yet so they will be in charge of start up, they are experienced in real estate/management so I want them to be compensated accordingly. We will hold about 10-15 in the coorperate office and 25-35 in the feild..
Myself, I'm new in to real estate, and just looking to be reasonale and fair. Thanks for all your answers
2007-08-05 06:42:04 · update #1
Here is a link to yahoo hotjobs, which should provide some information to you. What state is your firm in? If you are looking for a good CPA firm to help with your firms taxes situation, I work for one in Massachusetts, but we have software to do any state.
Thank you for adding me as a contact!!!
2007-08-05 15:32:05 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Interview some and see what they are asking. Every market is different ad a small company might not pay more than 50K where a large one might pay millions. A tiny company might not need one at all. We have about 110 people and don't have one the president and chairman of the board make major decisions and have shareholder meetings to get approval.
2007-08-05 13:26:41 · answer #2 · answered by shipwreck 7 · 0⤊ 0⤋
How big is your company? How many employees? What are your revenues? What are your margins? What is the total value of the property your company manages?
What reponsibilities will the person have in your company? Daily operations? Finding new business? Attracting investments? Are you sure CEO is the right title for that job description?
2007-08-05 13:27:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Could be anything from 0 to 8 figures or more. Depends upon the business. The question is about as vague as, "How high is up?"
2007-08-05 13:23:37 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Check this site.
http://www.aflcio.org/corporatewatch/paywatch/
2007-08-05 13:22:12 · answer #5 · answered by Stickman 3 · 0⤊ 0⤋
www.salary.com may have some answers for you.
In your research, you could also put the question out there on various search engines (for example, www.ask.com).
2007-08-05 13:55:24 · answer #6 · answered by Brenda W 3 · 0⤊ 0⤋
The answer is "How much money is he or she going to make for you and how much of that are you willing to share?"
2007-08-05 13:22:35 · answer #7 · answered by Dan 3 · 0⤊ 0⤋