This Real Estate Contractor Pack is best used for contractor sales agents or property managers where a real estate licence is required. For more general contractors or consultants use our Consultant / Contractor Agreement.
Using contractors is commonplace in the real-estate industry, and it’s an attractive proposition so why not. Unlike employees, contractors aren’t entitled to the same rights and benefits, giving you greater financial flexibility, and they can also be good for risk management as they’re legally liable for their own work.
Often times, people mistakenly believe that their workers are contractors or employees, when under the law they may not be. It is no longer sufficient for worker agreements to just have a label slapped on top marking them as “contractors” or “employees”; instead, there are various legal ingredients that it needs to satisfy as well. Beyond this, it’s not as simple as it seems to convert your employees to contractors. There are several conditions that need to be met or changed before you can go treating your workers like contractors.
Knowing whether your workers are employees or contractors is important if you want to avoid getting into legal trouble. Treating workers as contractors, when they may actually be employees (even if you aren’t aware of it), is against the law. This is because employees have specific legislated benefits that contractors don’t, and not meeting these requirements can result in hefty fines, loss of your trading license, and/or court battles.
So, if you want to take the legal hassle out of your contractor relationships, you’ve come to the right place.
With your Contractor Pack, discover the various characteristics separating contractors and employees including:
- Whether your workers have employees carrying out their work
- How they are renumerated and paid
- Their intellectual property rights and use
- Whether they’re subject to KPIs
- The type of insurance they need to hold
- Their leave and superannuation entitlements
- Who owns the clients: you or your workers?
- …and a whole heap of other considerations!
With your Real Estate Contractor Pack you will be able to review your workers agreements, and then effectively put contractor regimes into place – all without having to worry about the legals.
This Real Estate Contractor Pack is best used for contractor sales agents or property managers where a real estate licence is required. For more general contractors or consultants use our Consultant / Contractor Agreement.
With your Real Estate Contractor Pack you will receive:
- A litmus test to help you determine whether your workers are employees or contractors, or in some cases both, and why this may be;
- A contractor agreement template you can use to appropriately structure your contractor relationships, making it difficult for the government/courts to consider your people as anything but independent;
- Example commission structure to apply to your contractor if they are a sales agent;
- Together with explainer videos so you easily work your way through the pack without worrying about doing the wrong thing.
Whether you’re thinking about engaging contractors or already have workers that are, nail your contractor regimes with our Real Estate Contractor Pack. So, what are you waiting for? Don’t let your worker agreements turn into legal liabilities – start protecting yourself today!
Boring legal stuff: No legal advice included. Whilst this O*NO Legal product has been designed and prepared by lawyers, this is general advice only and cannot be relied upon as legal advice as it does not take into consideration your exact agency circumstances. This information is for guidance only as there are many variables in running your agency. Contact us to find out if any of these variables apply to you. PS - congratulations if you have read this far, you must love legal disclaimers or are a sucker for punishment.