One of your law firm’s clients, John McKnight, is a real estate broker, and owns a real estate brokerage, Homes4Sale, Inc. He wants to affiliate three licensed real estate agents to come work at the brokerage, but wants them to do so as independent contractors, not employees. Each realtor will have to agree to pay $1000 per month as a “desk fee” to cover office and combined advertising overhead, plus pay 25% of all commissions earned to Homes4Sale, Inc.
Do some research on independent contractor agreements and draft a form that Homes4Sale, Inc., could use to affiliate these realtors as independent contractors. Use your city and state as the place of contract.
