Real Estate Salesman Independent Contractor Agreement Template

This real estate salesman independent contractor agreement template has 3 pages and is a MS Word file type listed under our real estate documents.

Sample of our real estate salesman independent contractor agreement template:

REAL ESTATE SALESMAN INDEPENDENT CONTRACTOR AGREEMENT This Agreement (the "Agreement") is made and effective [DATE], BETWEEN: [BROKER NAME] (the "Broker"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the "Salesman"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS The Parties recite that: Broker is duly registered and licensed with the State of [STATE/PROVINCE] as a real estate broker whose license expires [DATE]. Salesman is duly registered and licensed with the State of [STATE/PROVINCE] as a real estate salesman whose license expires [DATE]. In consideration of the mutual covenants set forth below, the parties agree as follows: STATEMENT OF EMPLOYMENT Effective as of the date of this Agreement, Broker employs Salesman as a real estate salesman. DUTIES OF SALESMAN Salesman will carry on the customary activities of a real estate salesman, including, but not necessarily limited to, the showing of parcels of real estate on which Broker has listings, thesale of such property in accordance with the terms of the listings, the solicitation of new listings, and such other services pertaining to the real estate business as Broker may require of him. Salesman shall devote his entire time and attention to such duties and shall use his best efforts with regard to all of such duties. COMMISSIONS ON SALES Broker shall pay to Salesman a commission equal to [%] percent of the total commission received by Broker, on sales made by Salesman and completed during the effective period of this Agreement. Furthermore, during the effective period of this Agreement, Broker will advance to Salesman against commissions to be earned the sum of [AMOUNT] per month, provided that Salesman may elect to draw commissions as earned. DURATION OF AGREEMENT; TERMINATION The term of this Agreement shall be for [NUMBER] years, commencing on the date of this Agreement. Either party may terminate this Agreement by [NUMBER] days' written notice to the other party. If, on termination of this Agreement, Broker has advanced to Salesman against commissions to be earned a sum of commissions actually earned by Salesman, Salesman will promptly refund the amount of the excess advances. ACCESS TO LISTINGS AND OTHER INFORMATION Broker will give Salesman access to its confidential files pertaining to listings of property, prospects for the sale of such property, and other related matters