Join Our Free Email List

Ask Elliott

Ask Elliott #6: IC Contracts

Ask Elliott: Is it a matter of law in NJ that all salespersons working for a RE broker be given an independent contractor agreement? What if anything happens to the broker if such an agreement is not provided? Are the salespersons permitted to be paid commissions without an agreement and commission schedule in place? – Bob

To view the answer, mouse over the video player and click on the play button

My answers are general answers to general questions regarding real estate practices in New Jersey, I am not a lawyer. I suggest that you consult an attorney when appropriate.