Real Estate Agent Independent Contractor Agreement

A real estate agent independent contractor agreement, also known as a "commission agreement", is a contract between an agent and a company over the working relationship of selling real estate.

What is the Agency's Name?

Otherwise known as the Company Name

Agency's Mailing Address

Street Address

Address Line 2

City

State

ZIP Code

The Salesperson

Who is the Salesperson?

First

Last

This is the Real Estate Agent

Licensed States

List ALL the States the Salesperson is licensed

Realtors Requirement

Will the Salesperson be required to join the local Association of Realtors?

Yes No

This is a designation that is common with residential real estate agents.

The Salesperson will be required to join within Days of this Agreement

Expenses

Will the Agency cover any Expenses of the Salesperson?

Yes No

Such as Realtor dues, Multiple Listing Service (MLS) subscriptions, or related.

Enter the Agency's responsibilities:

e.g. "realtor dues, State renewal fees, MLS subscriptions, etc."

Commission Split

When a commission is paid to the Agency, how will it be split between the Salesperson and the Agency?

Salesperson's Percentage %

Agency's Percentage %

The total of both should equal 100%

Draw

Will the Salesperson collect a Draw?

Yes No

A "Draw" is when a real estate company pays the agent in advance of commissions to help them get started.

How much will the Draw be? $

Per Week Per Month

When will the Draw end?

On a Specific Date When the Agency decides Other

Draw End Date

When does the Draw end?

Salesperson's Contact

In regards to this Agreement, the Salesperson may be contacted by:

E-Mail Mail (Mailing Address) Fax

At least one (1) is required. This is required for notices.

Salesperson's E-Mail

Salesperson's Mailing Address

Street Address

Address Line 2

City

State

ZIP Code

Salesperson's Fax Number

Agency's Contact (optional)

Agency's E-Mail (optional)

Agency's Fax Number (optional)

Termination

Either Party can terminate this Agreement by providing Days' Notice

Additional Terms & Conditions

Are there any Additional Terms and or Conditions?

Yes No

Additional Terms or Conditions:

Effective Date