The independent contractor
status of real estate salespeople recently has been challenged in three new court cases.
The issue of independent contractor
status of real estate salespeople is also addressed in several state real estate statutes.
This will help solidify
the status of real estate salespeople as independent contractors and avoid future litigation challenging this practice.
Not exact matches
Crazy Guy schedules meeting with Mortgage Guy's Broker / owner (who employs mortgage guyr, who BTW was «not» a licensed mortgage broker at the time, but was just a
salesperson working under the auspices
of his / her
Real Estate Broker's / boss's «deemed - to - be a Mortgage Broker» -LRB-'s)
status).
Indiana's workers» compensation statute provides a similar test to that outlined in Louisiana's
real estate statute to determine the independent contractor
status of a
real estate professional, and Indiana's
real estate statute presumes an independent contractor relationship, unless otherwise specified in a written contract between the principal broker and the associated
salesperson or broker.
The California Bureau
of Real Estate (CalBRE) require salespersons who desire to upgrade their real estate license to the broker status to be at least 18 years old, be honest and truthful, have a minimum of two years of licensed California salesperson experience, and successfully complete eight 45 - hour real estate education cour
Real Estate (CalBRE) require salespersons who desire to upgrade their real estate license to the broker status to be at least 18 years old, be honest and truthful, have a minimum of two years of licensed California salesperson experience, and successfully complete eight 45 - hour real estate education co
Estate (CalBRE) require
salespersons who desire to upgrade their
real estate license to the broker status to be at least 18 years old, be honest and truthful, have a minimum of two years of licensed California salesperson experience, and successfully complete eight 45 - hour real estate education cour
real estate license to the broker status to be at least 18 years old, be honest and truthful, have a minimum of two years of licensed California salesperson experience, and successfully complete eight 45 - hour real estate education co
estate license to the broker
status to be at least 18 years old, be honest and truthful, have a minimum
of two years
of licensed California
salesperson experience, and successfully complete eight 45 - hour
real estate education cour
real estate education co
estate education courses.
According to federal law, for federal tax purposes,
real estate agents will not be treated as employees if these three requirements are met: (1) The agent must be licensed; (2) Substantially all income must be made on the basis
of sales or output, not on hours worked; and (3) There must be a written contract between the
salesperson and company stipulating independent contractor
status.