Why real estate is heading to an employee model

More and more agents are likely to be employees, rather than independent contractors, in the future, according to panelists at Inman Connect New York Wednesday. Continue reading

Can you fire independent contractors? Here’s what you should know

The majority of agents are ICs. Understanding what this classification means — and having a solid independent contractor agreement — is crucial for any brokerage or team. Continue reading

California governor signs gig economy bill into law

California Gov. Gavin Newsom signed AB5 into law on Wednesday, ending a nearly one-year process to address the state’s long-standing issue with workers being misclassified as independent contractors. Continue reading

California gig economy bill passes senate with real estate exemption

California is set to remake the so-called “gig-economy,” passing legislation Tuesday evening that would codify the “ABC” test, set forth to determine whether a worker is an employee or can be classified as an independent contractor. But fears that the … Continue reading

California Realtors group warns agents to stay away from lawyer solicitations

There have been questions over the employment status of real estate agents in California — and possible ramifications or ripple effects nationwide — in the wake of a labor ruling by the California Supreme Court over a year ago. Continue reading

Good news for CA brokerages as indie contractor bill advances

California lawmakers advanced a proposed law this week that has the potential to upend entire industries that rely on independent contractors. But now, the law has a key tweak: real estate professionals will now be exempt. Continue reading

Purplebricks agent sues over independent contractor status

A decision on independent contractor status made by the California Supreme Court last year is hitting the real estate industry — and flat-fee brokerage Purplebricks may be the first to grapple with it. Continue reading