Real Estate Salesman Independent Contractor Agreement printable pdf download

REAL ESTATE SALESMAN INDEPENDENT CONTRACTOR AGREEMENT

THIS AGREEMENT made and entered into this __________(1)_______________ day of

_______(2)________, ___________(3)______________, by and between _______(4)

__________, of ____________(5)________________, (hereinafter referred to as "Broker"), and

_________(6)___________ of ________(7)___________, (hereinafter referred to as

"Salesman"). The Parties recite that:

A. Broker is duly registered and licensed with the State of _______(8)_________ as a

real estate broker whose license expires __________(9)____________.

B. Salesman is duly registered and licensed with the State of _______(10)________ as a

real estate salesman whose license expires __________(11)___________.

In consideration of the mutual covenants set forth below, the parties agree as follows:

1. STATEMENT OF EMPLOYMENT

Effective as of the date of this Agreement, Broker employs Salesman as a real estate

salesman.

2. 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, the

sale 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.

3. COMMISSIONS ON SALES

Broker shall pay to Salesman a commission equal to __________(12)___________

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

______________(13)__________ DOLLARS ($_______________) per month, provided that

Salesman may elect to draw commissions as earned.

4. DURATION OF AGREEMENT; TERMINATION

The term of this Agreement shall be for _(16)_ years, commencing on the date of this

Agreement. Either party may terminate this Agreement by sixty (60) 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.

5. 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. Broker shall also furnish

Salesman personal contacts with persons interested in selling or buying such property, and shall

generally aid Salesman in every way possible with respect to such sales and Salesman's duties

hereunder.

Real Estate Salesman Independent Contractor Agreement