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Independent Contractor Agreement Real Estate Salesperson
"I need an Independent Contractor Agreement Real Estate Salesperson for my Lagos-based real estate agency to onboard 5 new salespeople starting March 2025, with standard commission rates and the ability to operate across all our residential property listings."
1. Parties: Identification of the real estate company/broker and the independent contractor salesperson
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement including 'Services', 'Commission', 'Property', etc.
4. Independent Contractor Status: Clear establishment of independent contractor relationship and disclaimer of employment relationship
5. Scope of Services: Detailed description of real estate services to be provided by the contractor
6. Compliance with Laws: Obligation to comply with Nigerian real estate regulations and maintain necessary licenses
7. Commission Structure: Details of commission rates, payment terms, and calculation methods
8. Contractor's Obligations: Specific duties, responsibilities, and performance standards
9. Company's Obligations: Support, resources, and services provided by the real estate company
10. Term and Termination: Duration of agreement and conditions for termination
11. Confidentiality: Protection of confidential information and trade secrets
12. Non-Solicitation: Restrictions on soliciting clients or employees
13. Intellectual Property: Ownership and use of company branding, materials, and IP
14. Insurance and Liability: Insurance requirements and allocation of liability
15. Dispute Resolution: Process for resolving disputes under Nigerian law
16. General Provisions: Standard clauses including notices, amendments, governing law, etc.
1. Training Requirements: Used when specific training or certification requirements are mandatory
2. Territory Restrictions: Include when contractor is limited to specific geographic areas
3. Equipment and Resources: Used when specifying contractor's responsibility for own equipment
4. Performance Targets: Include when setting specific sales targets or performance metrics
5. Team Collaboration: Used when contractor may work with or lead other contractors
6. Marketing Guidelines: Include when contractor has significant marketing responsibilities
7. Data Protection: Used when handling significant personal client data
8. Non-Compete: Include when requiring post-termination competition restrictions
1. Schedule A - Commission Structure: Detailed breakdown of commission rates for different types of transactions
2. Schedule B - Approved Marketing Materials: List of approved marketing materials and usage guidelines
3. Schedule C - Territory Map: Geographical area of operation if territory restrictions apply
4. Schedule D - Required Licenses: List of mandatory licenses and certifications
5. Schedule E - Company Policies: Key company policies applicable to contractors
6. Appendix 1 - Code of Ethics: Professional conduct guidelines and ethical standards
7. Appendix 2 - Reporting Templates: Standard forms for activity reporting and commission calculations
Authors
Company
Contractor
Services
Property
Commission
Gross Commission
Net Commission
Territory
Effective Date
Term
Confidential Information
Intellectual Property
Marketing Materials
Client
Prospect
Listing
Listing Agreement
Sales Transaction
Rental Transaction
Closing
Closing Date
Professional License
Company Materials
Company Policies
Business Day
Force Majeure Event
Applicable Laws
Licensed Activities
Commission Split
Property Documentation
Sale Price
Multiple Listing Service
Transaction Documents
Professional Standards
Competing Business
Trade Secrets
Personal Data
Marketing Territory
Performance Targets
Independent Contractor Status
Scope of Services
Term and Duration
Compensation
Commission Structure
Payment Terms
Contractor Obligations
Company Obligations
Compliance
Licensing Requirements
Confidentiality
Non-Disclosure
Non-Solicitation
Non-Compete
Intellectual Property
Marketing and Branding
Territory Rights
Performance Standards
Training Requirements
Insurance
Indemnification
Liability
Termination
Post-Termination Obligations
Record Keeping
Reporting Requirements
Property Listings
Client Relations
Data Protection
Dispute Resolution
Governing Law
Assignment
Amendment
Force Majeure
Notices
Entire Agreement
Severability
Waiver
Relationship of Parties
Real Estate
Property Development
Construction
Professional Services
Property Management
Real Estate Investment
Commercial Property
Residential Property
Legal
Human Resources
Operations
Sales
Compliance
Business Development
Property Management
Contract Administration
Real Estate Agent
Property Sales Consultant
Real Estate Broker
Estate Agent
Property Marketing Specialist
Real Estate Sales Manager
Property Sales Director
Compliance Officer
Legal Counsel
HR Director
Operations Manager
Business Development Manager
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