Freedom Mortgage
RepVue Score
0
Freedom Mortgage
Freedom Mortgage SLED Account Executive Salary
Last 12 months
Aged Data
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of SLED Account Executives typically hit their quota here
What percent of SLED Account Executives hit quota at Freedom Mortgage?
Approximately 53% of SLED Account Executives at Freedom Mortgage meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Freedom Mortgage
Frequently Asked Questions
The average base salary for a SLED Account Executive at Freedom Mortgage ranges from $30,000 to $35,000, with total on-target earnings (OTE) typically between $35,000 and $150,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Freedom Mortgage SLED Account Executives are paid on a 35/65 base-to-variable split. The variable compensation is primarily tied to typical sales performance metrics like bookings, revenue, deals closed, or annual recurring revenue. Typically accelerators will kick in after achieving 100% quota attainment.
Assuming a median OTE of $70,000, SLED Account Executives at Freedom Mortgage can expect between $21,000 and $47,250 in annual variable compensation.
The median base salary for SLED Account Executive at Freedom Mortgage is $35,000 per year, which is 68% lower than the median base salary of the global salary role.
Top performer earnings for SLED Account Executive at Freedom Mortgage ranged between $500,000 and $1,500,000. These high achievers typically exceed quota by 130-150%, benefiting from accelerators that increase commission rates after achieving quota. The highest reported total compensation for this role last year was $1,000,000.
We estimate the typical annual quota for SLED Account Executive at Freedom Mortgage is approximately $350,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $231,500. At that rate, a SLED Account Executive needs to close approximately 2 deals per year to reach the typical $350,000 quota.
Roughly 53.0% of SLED Account Executives at Freedom Mortgage hit or exceed their annual quota, earning at least $35,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a SLED Account Executive at Freedom Mortgage is approximately 150 days from first conversation to closed-won.
Percent that Attain Quota?
of SLED Account Executives typically hit their quota here
What percent of SLED Account Executives hit quota at Freedom Mortgage?
Approximately 53% of SLED Account Executives at Freedom Mortgage meet or exceed their annual quota based on ratings submitted in the past year.
Explore SLED Account Executive Salaries
Selectquote
Salary data from 5 ratings
OTE
$85,000
Equitable Advisors
Salary data from 5 ratings
OTE
$80,000
American Fidelity
Salary data from 3 ratings
OTE
$110,000
New American Funding
Salary data from 3 ratings
OTE
$50,000
Avg. deal size
$231,500
Base variable split?
35% / 65%
Product - Market Fit?
3.0
Have a question for Freedom Mortgage about compensation for this job? Ask
your question on the Q&A page
Ask a question Frequently Asked Questions
The average base salary for a SLED Account Executive at Freedom Mortgage ranges from $30,000 to $35,000, with total on-target earnings (OTE) typically between $35,000 and $150,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Freedom Mortgage SLED Account Executives are paid on a 35/65 base-to-variable split. The variable compensation is primarily tied to typical sales performance metrics like bookings, revenue, deals closed, or annual recurring revenue. Typically accelerators will kick in after achieving 100% quota attainment.
Assuming a median OTE of $70,000, SLED Account Executives at Freedom Mortgage can expect between $21,000 and $47,250 in annual variable compensation.
The median base salary for SLED Account Executive at Freedom Mortgage is $35,000 per year, which is 68% lower than the median base salary of the global salary role.
Top performer earnings for SLED Account Executive at Freedom Mortgage ranged between $500,000 and $1,500,000. These high achievers typically exceed quota by 130-150%, benefiting from accelerators that increase commission rates after achieving quota. The highest reported total compensation for this role last year was $1,000,000.
We estimate the typical annual quota for SLED Account Executive at Freedom Mortgage is approximately $350,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $231,500. At that rate, a SLED Account Executive needs to close approximately 2 deals per year to reach the typical $350,000 quota.
Roughly 53.0% of SLED Account Executives at Freedom Mortgage hit or exceed their annual quota, earning at least $35,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a SLED Account Executive at Freedom Mortgage is approximately 150 days from first conversation to closed-won.
