This Article is designed to be of general interest. The specific techniques and information discussed may not apply to you. Before acting on any matter contained herein, you should consult with your personal legal adviser.
Most brokers treat their salespersons as independent contractors.
The standard CAR and Professional Publishing forms so provide. However, if a real estate licensee is engaged in mortgage lending, classification as an independent contractor is improper. Mortgage Agents typically solicit, service and participate in the funding of residential loan applications. Mortgage Agents are n ot required to adhere to any set schedule of hours or work, although they typically work during normal business hours. Mortgage Agents may use the facilities and support staff of their brokers but they must furnish their own cars.