Real Estate Salesman Agreement (Independent Contractor)
Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms
This Real Estate Salesman Agreement (Independent Contractor) is between a real estate agent or company who desires to hire an agent to act as a referral agent. This form sets out the specific terms including the independent contractor status of the salesman.
Instant Download
$19.95
Free eSignature included
File types included
- Microsoft Word
- Adobe PDF
- WordPerfect
- Rich Text Format
Compatible with
- Windows
- Mac OS X
- Linux
For Immediate Download
$19.95
Free eSignature included
with every order
Attorney prepared
Our forms are kept up-to-date and accurate by our lawyers
Valid in your state
Our forms are guaranteed to be valid in your state
Over 3,500,000 satisfied customers
Free eSignature
Sign your form online, free with any form purchase
60-Days Money Back
Try our forms with no risk
25+ Years Trusted
Serving customers since 2001
This Real Estate Salesman Agreement (Independent Contractor) contains the following provisions:
- Parties: Sets out the names of the real estate company/broker and the real estate salesman who is considered an independent contractor;
- Recitals: Sets forth the state in which the individuals are licensed and that real estate broker desires to hire the salesman on an independent contractor basis;
- Effective Date: Specific date on which the agreement becomes effective;
- Salesman's Rights and Obligations: Details the obligations of the salesman including his/her agreement to abide by the rules governing broker's business;
- Broker's Obligations: Sets out the commission structure between the parties and that all commissions are negotiable;
- Termination: Broker may terminate the agreement if salesman breaches any of its terms;
- Signatures: Broker and independent contractor/real estate salesman must sign and date this agreement in the presence of witnesses.
Protect your rights and your property by purchasing this attorney-prepared form.
This attorney-prepared package includes:
- General Information
- Instructions and Checklist
- Real Estate Salesman Agreement (Independent Contractor)
Real Estate Salesman Agreement (Independent Contractor)
Product Details
| Product | Real Estate Salesman Agreement (Independent Contractor) |
| Country | United States |
| Pages | 10 |
| Dimensions | Designed for Letter Size (8.5" x 11") |
| Printer compatibility | Designed to print on all ink-jet and laser printers |
| Editable | Yes (.doc, .wpd and .rtf) |
| Format |
Microsoft Word Adobe PDF WordPerfect Rich Text Format |
| Platform |
Windows Compatible Mac Compatible Linux Compatible |
| Availability | In Stock. Instant Download |
| Usage | Unlimited number of prints |
| Category | Employment |
| Product number | #43522 |
| Download time | Less than 1 minute (approx.) |
| Document Access |
Via secret online address Email with download links Email with attachment upon request |
| Refund Policy | 60 days, no-questions asked, 100% money back guarantee |
Frequently Asked Questions
A Real Estate Salesman Agreement is a legal document that outlines the terms of engagement between a real estate broker and an independent contractor salesman. It specifies the rights, obligations, and commission structures for both parties.
Having this agreement in writing is crucial as it provides a clear reference point for both parties regarding their responsibilities and rights. It can help prevent misunderstandings and serve as evidence in case of disputes.
Yes, the agreement can be terminated by the broker if the salesman breaches any of its terms. The specific conditions for termination are outlined within the agreement.
The salesman is required to abide by the rules governing the broker's business, which may include adhering to company policies and maintaining compliance with real estate laws.
Yes, this Real Estate Salesman Agreement is designed to comply with the laws of all states, ensuring that it meets the necessary legal requirements for real estate transactions.
Is This Form Right For You?
Use This Form If:
- Individuals who are entering the real estate industry as independent contractors can utilize this agreement to formalize their relationship with a broker. This ensures that both parties understand their rights and obligations, which is crucial for a successful partnership.
- Situations requiring a clear outline of commission structures and responsibilities can benefit from this agreement. By detailing the terms, both the broker and the salesman can avoid misunderstandings regarding payment and duties.
- For those who wish to establish a legal framework for their business relationship, this agreement serves as a vital document. It provides clarity on the independent contractor status, which is essential for tax and liability purposes.
- Real estate companies looking to hire referral agents will find this agreement useful in defining the terms of engagement. It protects the interests of both the broker and the salesman by documenting the expectations and conditions of their working relationship.
- In cases where disputes may arise between a broker and a salesman, having this written agreement can be invaluable. It serves as a reference point for resolving conflicts and can be used in legal proceedings if necessary.
Do Not Use If:
- – This form is not appropriate for individuals seeking to establish an employee-employer relationship. If the real estate agent intends to hire the salesman as an employee rather than an independent contractor, a different agreement should be used.
- – In situations where the salesman is not licensed to operate in the relevant state, this agreement would not be valid. It is essential that both parties hold the necessary real estate licenses to engage in business legally.
- – If the parties involved are looking for a partnership rather than a contractor relationship, this agreement would not suffice. A partnership agreement would be more suitable for defining shared ownership and responsibilities.
- – This form should not be used in cases where the commission structure is not negotiable. If the broker has a fixed commission policy that does not allow for negotiation, a different type of agreement may be needed.
- – In circumstances where the parties do not wish to formalize their relationship legally, this agreement is unnecessary. Informal arrangements may be made without a written contract, but this carries risks of misunderstandings.
Related Forms
Sales Representative Agreement
This Sales Representative Agreement is designed for use in [state] and is available for immediate do...
Sales Agency Agreement - Broker and Seller
Agreement between a seller and a local broker to negotiate and procure sales for seller's products w...
Agency Agreement for Sale of Property (Fixed Commission)
This Agency Agreement for Sale of Property is between a property owner and a real estate agent who a...
Sales Agency Agreement - Exclusive
This Sales Agency Agreement (Exclusive) is between a seller and an agency who will have the exclusiv...
Sales Agency Agreement - Non-Exclusive
This Sales Agency Agreement (Non-Exclusive) is between a product seller and an agency which will sel...
Agency Agreement for Sale of Property (Variable Commission)
This Agency Agreement for Sale of Property (Variable Commission) is between an owner and an agent wh...
Looking for something else?
Search our extensive library of legal forms