Real Estate Salesman Agreement Page 7
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
103.6 The Independent Contractor shall devote his time and energy in the best possible
manner and towards the growth of Broker’s business.
3.7 The Independent Contractor is himself liable for all the expenses incurred by him in
the course of this agreement and for the purpose of further developing the Broker’s
business.
3.8 At the time of making a referral it is the responsibility of the Independent Contractor
to secure a percentage referral agreement with the receiving real estate agency.
3.9 The Independent Contractor has to renew his / her license as and when the license
becomes due for renewal without any fail.
4. RESTRICTIVE COVENANTS
4.1 The Independent Contractor shall not hire, employ, contract with or for, retain license
or sponsor any sub agents.
4.2 The Independent Contractor shall not list or sell real estate;
4.3 The Independent Contractor shall not give the impression that he / she is not
affiliated.
5. BROKER’S OBLIGATIONS
It is agreed that:
5.1 The Broker in consideration of the commission which will be split with the
Independent Contractor shall provide the Independent Contractor all the guidance so
required with regard to the Independent Contractor referral business.
5.2 The commissions so payable to the Independent Contractor are negotiable;
5.3 The commission amount would be collected by the Broker and would be transferred
in favor of the Independent Contractor within a time period of _______ days from
the date of receipt of such commission.
5.4 The Broker shall retain ____% of the Commission and the Independent Contractor
shall be entitled to ______% of the Commission.
6. TERM OF THIS AGREEMENT
Real Estate Salesman Agreement (Independent Contractor)
3
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business