An independent contractor is a person or business who performs services for another person under an express or implied agreement and who is not subject to the other's control, or right to control, the manner and means of performing the services. The person who hires an independent contractor is not liable to others for the acts or omissions of the independent contractor. An independent contractor is distinguished from an employee, who works regularly for an employer. The exact nature of the independent contractor's relationship with the hiring party is important since an independent contractor pays their own Social Security, income taxes without payroll deduction, has no retirement or health plan rights, and often is not entitled to worker's compensation coverage.
There are a number of factors which to consider in making the decision whether people are employees or independent contractors. No one factor is controlling, and the characterization of the relationship by the parties is also not controlling.
One of the most important considerations is the degree of control exercised by the company over the work of the workers. An employer has the right to control an employee. It is important to determine whether the company had the right to direct and control the workers not only as to the results desired, but also as to the details, manner and means by which the results were accomplished. If the company had the right to supervise and control such details of the work performed, and the manner and means by which the results were to be accomplished, an employer-employee relationship would be indicated. On the other hand, the absence of supervision and control by the company would support a finding that the workers were independent contractors and not employees. Whether or not such control was exercised is not the determining factor, it is the right to control which is key.
Another factor to be considered is the connection and regularity of business between the independent contractor and the hiring party. Important factors to be considered are separate advertising, procurement of licensing, maintenance of a place of business, and supplying of tools and equipment by the independent contractor. If the service rendered is to be completed by a certain time, as opposed to an indefinite time period, a finding of an independent contractor status is more likely.
A Washington Real Estate Salesman Independent Contractor Agreement with a Real Estate Loan Broker is a legal document that outlines the terms and conditions of the working relationship between a real estate salesman and a real estate loan broker. This agreement serves as a binding contract that defines the rights and responsibilities of both parties involved. Keywords: Washington Real Estate Salesman, Independent Contractor Agreement, Real Estate Loan Broker, contract, working relationship, legal document. Different types of Washington Real Estate Salesman Independent Contractor Agreements with Real Estate Loan Brokers are as follows: 1. Exclusive Agreement: This type of agreement states that the real estate salesman will work exclusively with the specified real estate loan broker. The agreement restricts the salesman from working with any other loan broker during the contract term. 2. Non-Exclusive Agreement: In contrast to an exclusive agreement, a non-exclusive agreement allows the real estate salesman to work with multiple real estate loan brokers simultaneously. 3. Commission-Based Agreement: This type of agreement specifies that the real estate salesman will be compensated based on a commission structure. It outlines the percentage or amount of commission the salesman will receive for each successful real estate transaction. 4. Referral Agreement: A referral agreement is an agreement between a real estate salesman and a real estate loan broker wherein the salesman refers potential clients to the broker in exchange for a referral fee. This type of agreement does not involve direct sales by the salesman but focuses on lead generation. 5. Termination Agreement: This agreement outlines the conditions and procedure for terminating the contract between the real estate salesman and the real estate loan broker. It defines the notice period and any penalties or consequences that may arise from early termination. 6. Non-Disclosure Agreement: A non-disclosure agreement (NDA) may be included to protect sensitive information or trade secrets shared between the real estate salesman and the real estate loan broker during their working relationship. In all these variations, the Washington Real Estate Salesman Independent Contractor Agreement with a Real Estate Loan Broker is crucial for establishing clear expectations, defining compensation structures, and ensuring a mutually beneficial working relationship within the real estate industry.A Washington Real Estate Salesman Independent Contractor Agreement with a Real Estate Loan Broker is a legal document that outlines the terms and conditions of the working relationship between a real estate salesman and a real estate loan broker. This agreement serves as a binding contract that defines the rights and responsibilities of both parties involved. Keywords: Washington Real Estate Salesman, Independent Contractor Agreement, Real Estate Loan Broker, contract, working relationship, legal document. Different types of Washington Real Estate Salesman Independent Contractor Agreements with Real Estate Loan Brokers are as follows: 1. Exclusive Agreement: This type of agreement states that the real estate salesman will work exclusively with the specified real estate loan broker. The agreement restricts the salesman from working with any other loan broker during the contract term. 2. Non-Exclusive Agreement: In contrast to an exclusive agreement, a non-exclusive agreement allows the real estate salesman to work with multiple real estate loan brokers simultaneously. 3. Commission-Based Agreement: This type of agreement specifies that the real estate salesman will be compensated based on a commission structure. It outlines the percentage or amount of commission the salesman will receive for each successful real estate transaction. 4. Referral Agreement: A referral agreement is an agreement between a real estate salesman and a real estate loan broker wherein the salesman refers potential clients to the broker in exchange for a referral fee. This type of agreement does not involve direct sales by the salesman but focuses on lead generation. 5. Termination Agreement: This agreement outlines the conditions and procedure for terminating the contract between the real estate salesman and the real estate loan broker. It defines the notice period and any penalties or consequences that may arise from early termination. 6. Non-Disclosure Agreement: A non-disclosure agreement (NDA) may be included to protect sensitive information or trade secrets shared between the real estate salesman and the real estate loan broker during their working relationship. In all these variations, the Washington Real Estate Salesman Independent Contractor Agreement with a Real Estate Loan Broker is crucial for establishing clear expectations, defining compensation structures, and ensuring a mutually beneficial working relationship within the real estate industry.
