What is the role of an independent contractor in a real estate firm?

An independent contractor in a real estate firm primarily operates as a broker who is not under the direct control of the firm. This arrangement allows the independent contractor to maintain a degree of autonomy in their business activities. They are responsible for their own work schedule, the methods they use to conduct business, and often handle their own marketing and client relations. While the firm may provide support or resources, the contractor is not subject to the same oversight and control that an employee would experience, allowing them to leverage their expertise and operate as a self-sufficient business entity.

This structure is beneficial as it enables the firm to expand its reach without being burdened by the direct management of every agent's activities. This fosters a performance-based environment where independent contractors can thrive based on their productivity and efforts.