In real estate and legal contexts, an Independent Contractor is a person who performs services for another while retaining control over how the work is completed. Unlike an employee, an independent contractor determines the methods and means used to achieve the final results and is not subject to direct supervision or control over daily activities.
Real estate brokers and salespersons are often treated as independent contractors for tax and legal purposes. This classification affects liability, compensation, and tax responsibilities, as independent contractors are generally responsible for their own expenses and taxes.
