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Real Estate Employment Agreement
"I need a Real Estate Employment Agreement for a residential brokerage in California, hiring an experienced agent with a 70-30 commission split and specific requirements for luxury property sales starting March 2025."
1. Parties: Identification of the real estate brokerage/employer and the agent/employee
2. Background: Context of the employment relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Employment: Duties, responsibilities, and expectations of the agent
5. Compensation Structure: Commission rates, splits, and any base salary arrangements
6. Term and Termination: Duration of agreement and conditions for termination
7. Compliance Requirements: Licensing, continuing education, and regulatory compliance obligations
1. Non-Compete Clause: Restrictions on post-employment competition (include only in states where enforceable)
2. Benefits Package: Health insurance, retirement plans, and other benefits (include when offering additional benefits beyond commission)
3. Technology Usage: Rules regarding use of brokerage technology and systems (include when providing specific technology platforms)
4. Team Arrangements: Terms for working within or leading a team (include when agent will be part of team structure)
1. Commission Schedule: Detailed breakdown of commission structures and splits
2. Office Policies Manual: Reference to or incorporation of brokerage policies and procedures
3. Benefits Summary: Detailed description of any benefits provided
4. Required State Disclosures: State-specific required forms and disclosures
5. Technology Agreement: Terms of use for brokerage technology systems
Authors
Broker
Agent
Commission
Effective Date
Intellectual Property
Licensed Activities
Listing
MLS
NAR
Confidential Information
Property
Real Estate Services
Territory
Term
Transaction
Gross Commission Income
Commission Split
Brokerage
Client
Customer
Dual Agency
Exclusive Right to Represent
Marketing Materials
Office Policies
Professional Standards
Referral Fee
Sales Volume
Supervising Broker
Working Hours
Scope of Services
Duties and Responsibilities
Compensation
Commission Structure
Performance Requirements
Licensing Requirements
Compliance Obligations
Confidentiality
Non-Compete
Non-Solicitation
Intellectual Property
Marketing and Advertising
Technology Usage
Record Keeping
Insurance Requirements
Termination
Post-Termination Obligations
Independent Contractor Status
Indemnification
Dispute Resolution
Assignment
Governing Law
Amendments
Severability
Entire Agreement
Office Resources Usage
Professional Development
Data Protection
Client Relationships
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