Who is the Independent Contractor Agreement between?

The Independent Contractor Agreement is fundamentally a legal document that outlines the relationship between the salesperson and the broker. This agreement establishes the terms under which the salesperson operates and provides services in the real estate market.

In this arrangement, the broker acts as an intermediary who provides substantial support, resources, and branding for the salesperson. The agreement delineates aspects such as commission structures, responsibilities, and the level of independence the salesperson has in conducting transactions. By creating a contractual relationship, both parties have clarity on expectations and obligations, which is crucial in the real estate industry.

The other potential relationships described in the other choices do not align with the nature of an Independent Contractor Agreement. The client typically engages in agreements for representation or services, which are distinct from the contractual nuances that exist between the broker and the salesperson. Hence, the focus here rightly points to the broker and the salesperson as the correct relationship in the context of the Independent Contractor Agreement.