The FORT Podcast: Chris Powers on Incentives in Real Estate
On this episode, Chris discusses incentives that drive companies and people, COR – how to incentive your people to make money and watch expenses, and why it all starts with the culture of your company.
(03:22) – You Should Strive to be Profitable
(04:32) – Culture vs. Incentives
(08:20) – Social Capital
(09:20) – Incentivizing a Team Environment
(10:45) – Using COR as an Incentive
(20:10) – There is No Perfect Incentive
(27:20) – How do you incentivize at FC based on Promote?
(30:34) – Rolling Bonuses
(34:20) – How do you incentivize brokers?
(35:50) – How do you incentivize the back office?
(38:08) – Incentives are not only about making money
The Fort is produced by Johnny Podcasts