Comission for Lettings Negotiators

mimiduck

Hi,

I'm sorry if this has been written somewhere already. I have tried searching on google how much typical lettings negotiator makes as I believe my current position is well underpaid.

I work in London (zone 5) with a basic salary of £17k. My position is admin/negotiator and I deal with lettings mostly by myself. For over a year my manager did not even put a comission structure etc. and long story short I had entered the property industry as someone who didn't have any expererience so I took the position and the terms.

This week my manager got me exited as she said she will put me on a comission structure but when seeing this I thought it was a joke. The company offers me 1.5% of the profit that the estate agency gets. I would understand this in sales as this is more normal but for lettings I find this extremely demotivating. This would mean for example that from profit that company makes of £480 I get £7.20. We do not let that many properties so I feel this comission can only get me extra £100 if I drown myself in work as we get small properties (a big property for us is considered anything over £1200/monthly rent).

I don't mean to sound rude or unappreciative but I have worked so hard for this company and I was already wanting to have a chat with the manager in regards to the salary as I know this company cannot actually do day to day work without my support. I have worked for about 1.5 years now in the position and I am in charge fully of lettings procedures, deposits, maintenance, invoices, inventory organisation, renewals etc.

I wanted to know more about what sort of salaries do other lettings negotiators have? Is the comission that has been given normal?

74jax

mimiduck wrote: »

Hi,
.

I wanted to know more about what sort of salaries do other lettings negotiators have? Is the comission that has been given normal?

So what have you done to find this out ?

Have you used google?

Looked on jobs pages for a similar role, used job searches?