Independent Contractor Agreement (Page 2 of 5) in pdf

INDEPENDENT CONTRACTOR AGREEMENT

Page 2

Community Choice Realty, Inc. Independent Contractor Agreement

_____ 5. The salesperson agrees that brokerage fees for services rendered in the sale,

rental, trade or lease of real estate shall be those negotiated by and between the Broker,

Salesperson, and Seller and/or Buyer. It is, therefore, mutually agreed between the said

Broker and Salesperson that the amount of the commission shall be 100%. There shall be

no commission splits.

_____ 6. The Salesperson agrees to promptly pay all his/her expenses incurred in the

listing and selling of real estate, including, but not limited to:

• Monthly Broker fee, $128.00, paid automatically one time per month, by credit or debit

card.

- E&O insurance, $18.00 per month, per agent.

• Personal expenses including:

- Mandatory MLS dues, fees, and surcharges.

- Mandatory National, State, and local Board dues (NOCBOR)

- Sign generation and installation.

- Business cards, letterheads, etc. as needed by Salesperson.

- Any advertising Salesperson chooses to do.

- Any other expenses incurred by the salesperson.

_____ 7. It is understood that E&O insurance dues can be paid in full for the year in one

lump sum payment of $216.00, prorated.

_____ 8. The Salesperson agrees to allow the Broker the right to withhold funds from

Commission checks earned by said Salesperson to pay any unpaid expenses incurred by

said Salesperson.

_____ 9. The Salesperson agrees that they have authority to negotiate brokerage fees with

each individual client. These fees may be different than those advertised by the

company.

_____10. The Salesperson agrees that all services performed by the Salesperson shall be

compensated solely by way of commission, or referral commission.

_____11. The Salesperson recognizes that all fees from a closing shall be promptly

divided upon collection of same (when the Salesperson is the listing agent, and there is a

buyers or selling agent due commission). The Salesperson agrees that it is his/her duty to

arrange to have all commission checks either deposited in the Brokers bank account or

delivered to the main office promptly after a closing.

Independent Contractor Agreement Page 2