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Independent Contractor Agreement Real Estate Salesperson
"I need an Independent Contractor Agreement Real Estate Salesperson for our Cape Town agency that includes a 60/40 commission split structure and covers both residential and commercial properties, with the agreement starting from March 2025."
1. Parties: Identification of the Agency/Brokerage and the Independent Contractor Real Estate Salesperson
2. Background: Context of the agreement and confirmation of the Independent Contractor's qualifications and registration status
3. Definitions: Key terms used throughout the agreement including Commission, Property, Territory, and Services
4. Independent Contractor Status: Clear establishment of the independent contractor relationship and distinction from employment
5. Scope of Services: Detailed description of real estate services to be provided by the contractor
6. Commission Structure: Terms and conditions for earning and payment of commissions
7. Duties and Responsibilities: Specific obligations of the contractor including compliance with real estate regulations
8. Term and Termination: Duration of the agreement and conditions for termination by either party
9. Compliance with Laws: Obligation to comply with relevant real estate and property laws
10. Confidentiality: Protection of confidential information and trade secrets
11. Non-Solicitation: Restrictions on soliciting agency's clients or other contractors post-termination
12. Insurance and Liability: Requirements for professional insurance and allocation of liability
13. Dispute Resolution: Process for resolving disputes between parties
14. General Provisions: Standard contract clauses including governing law, notices, and amendments
1. Training and Development: Optional provisions for professional development and training requirements
2. Marketing Support: Terms regarding agency's provision of marketing materials and support
3. Team Arrangements: Provisions for working within or leading a team of other agents
4. Referral Program: Terms for participating in and earning from referral arrangements
5. Technology Usage: Rules and requirements for using agency's technology systems
6. International Transactions: Special provisions for handling international property transactions
7. Vehicle and Equipment: Terms regarding use of personal or company vehicles and equipment
1. Schedule A - Commission Structure: Detailed breakdown of commission rates, splits, and bonus structures
2. Schedule B - Territory Definition: Specific geographic areas or property types covered by the agreement
3. Schedule C - Approved Marketing Materials: Guidelines and templates for marketing and advertising
4. Schedule D - Required Insurance Coverage: Specific insurance types and minimum coverage requirements
5. Schedule E - Agency Policies and Procedures: Key operational policies that the contractor must follow
6. Appendix 1 - EAAB Registration Requirements: Current Estate Agency Affairs Board registration requirements
7. Appendix 2 - Code of Conduct: Professional conduct guidelines and ethical requirements
Authors
Real Estate
Property Development
Commercial Property
Residential Property
Property Management
Property Investment
Real Estate Services
Property Sales and Marketing
Legal
Human Resources
Compliance
Operations
Sales
Property Management
Business Development
Risk Management
Finance
Administration
Real Estate Agent
Property Practitioner
Real Estate Salesperson
Property Consultant
Real Estate Broker
Estate Agent
Property Sales Consultant
Real Estate Marketing Specialist
Property Investment Consultant
Commercial Property Agent
Residential Property Agent
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