Can a real estate agent be considered an employee?
In the real estate industry in the United States, real estate agents, while under the supervision of real estate brokers, are not generally considered employees unless this employer/employee has been expressly stated. Instead, in most cases, real estate agents are considered independent contractors.
What does a salaried real estate agent do?
What Does a Salaried Real Estate Agent Do? As a salaried real estate agent, you earn a base pay while helping clients buy and sell residential and commercial properties. In this position, you may provide advice about sales and purchase decisions and act as a broker between the client and any other parties involved.
Can a real estate broker be an employee or independent contractor?
However, the California Business and Professions Code does state that the relationship between a real estate broker and agent can be either an employee/employer or independent contractor relationship. Ultimately, it is your choice as a real estate broker, to either employ real estate agents or engage them as independent contractors.
How to become a real estate agent in New York?
New York State Real Estate License (or in the process of… The ideal candidate will be responsible for finding prospective clients, understanding their criteria, and find living spaces that fit this criteria.
How to become a salaried real estate agent?
We will provide you with a stable salary, utilize our administrative support teams to handle all of ONLY LICENSED AGENTS WILL BE CONSIDERED We are seeking a REMOTE Real Estate Agent to join our growing team! You will handle all real estate activities and transactions on behalf of the clients.
What’s the salary limit for a real estate agent?
Without desk fees, agents are responsible for paying for their own expenses, such as buying leads, advertising, and marketing flyers. All of the RAPP programs have a total sales cap of $23,000 per year. Once the agent reaches their cap, they are automatically moved to the 95/5 plan.
However, the California Business and Professions Code does state that the relationship between a real estate broker and agent can be either an employee/employer or independent contractor relationship. Ultimately, it is your choice as a real estate broker, to either employ real estate agents or engage them as independent contractors.