10 tips for managing independent contractor relationships with your sales agents. The contractor agreement defines the commission split, the agent's licensure requirements, and the expenses each party is responsible for.I clicked on the links for th scope and the contractor agreement and nothing came up. Use a Real Estate Agent Contractor Agreement to set the terms of a working relationship between an agent and a real estate company. Can I cancel the agreement? A buyer representation agreement is intended to be a legal and binding contract. IRS ALWAYS agrees with independent contractor status assumed when sales agent signs independent contractor agreement w sponsoring broker. Independent contractor agreements are only for external freelancers. QUESTION: I am the big guy in charge of a real estate firm way up north…in North Carolina. If you had to ask, you are not a sophisticated real estate person and should seek legal advice before you sign anything!