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 Please SelectAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyoming 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? Will the Salesperson be required to join the local Association of Realtors? YesNo 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? Will the Agency cover any Expenses of the Salesperson? YesNo 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? Will the Salesperson collect a Draw? YesNo 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 WeekPer Month When will the Draw end? When will the Draw end? On a Specific DateWhen the Agency decidesOther Draw End Date When does the Draw end? Salesperson's Contact In regards to this Agreement, the Salesperson may be contacted by: In regards to this Agreement, the Salesperson may be contacted by: E-MailMail (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 Please SelectAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyoming 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? Are there any Additional Terms and or Conditions? YesNo Additional Terms or Conditions: Effective Date Effective Date Next Save Save and finish later
