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Real Estate Independent Contractor Agreement
"I need a Real Estate Independent Contractor Agreement for our Manila-based brokerage company to engage 15 new independent contractors starting March 2025, with specific provisions for virtual office arrangements and a 70-30 commission split structure."
1. Parties: Identifies the contracting parties - the real estate company/broker and the independent contractor
2. Background: Establishes context, including the company's business, contractor's qualifications, and intention to create an independent contractor relationship
3. Definitions: Defines key terms used throughout the agreement, including specific real estate terminology and Philippine legal terms
4. Scope of Services: Details the real estate services to be provided by the contractor, aligned with RESA Law requirements
5. Independent Contractor Status: Explicitly establishes and defines the independent contractor relationship, distinguishing it from employment
6. Compensation and Commission Structure: Details the commission splits, payment terms, and conditions for earning commissions
7. Licenses and Qualifications: Specifies required licenses, PRC registration, and ongoing qualification requirements
8. Contractor's Obligations: Lists specific duties, responsibilities, and compliance requirements of the contractor
9. Company's Obligations: Outlines the company's responsibilities and support provided to the contractor
10. Compliance with Laws: Addresses compliance with RESA Law, AMLA, and other relevant Philippine regulations
11. Confidentiality: Covers confidentiality obligations and protection of proprietary information
12. Term and Termination: Specifies agreement duration and conditions for termination
13. Post-Termination Obligations: Addresses obligations and restrictions after agreement termination
14. General Provisions: Standard legal provisions including governing law, dispute resolution, and amendments
1. Training and Support: Include when the company offers specific training programs or support services
2. Marketing and Advertising: Include when addressing specific marketing arrangements or restrictions
3. Team Arrangements: Include when contractor may work with or lead a team
4. Equipment and Resources: Include when specifying provided equipment or required contractor resources
5. Insurance Requirements: Include when contractor must maintain specific insurance coverage
6. Non-Compete Provisions: Include when implementing reasonable geographic or temporal restrictions
7. Referral Programs: Include when establishing specific referral arrangements or programs
8. Virtual Office Arrangements: Include when addressing remote work arrangements
1. Commission Schedule: Detailed breakdown of commission structures and special commission arrangements
2. Required Licenses and Certifications: List of specific licenses, certifications, and qualifications required
3. Company Policies: Key company policies applicable to independent contractors
4. Marketing Guidelines: Specific guidelines for marketing and advertising activities
5. Office Procedures Manual: Standard operating procedures and administrative requirements
6. Compliance Checklist: Checklist of regulatory compliance requirements under Philippine law
7. Territory Assignment: If applicable, definition of geographic territory or market segment
8. Technology and Systems Access: Details of provided technology tools and access protocols
Authors
Real Estate
Property Development
Property Management
Commercial Real Estate
Residential Real Estate
Real Estate Investment
Property Consultancy
Construction
Urban Development
Legal
Human Resources
Compliance
Operations
Sales
Business Development
Property Management
Marketing
Administration
Finance
Risk Management
Real Estate Broker
Real Estate Agent
Real Estate Salesperson
Property Consultant
Real Estate Marketing Specialist
Business Development Manager
Property Manager
Compliance Officer
Legal Counsel
Human Resources Director
Operations Manager
Sales Director
Managing Broker
Branch Manager
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