NAR, the 1980s called — they want their excuses back

This past week, readers reacted with outrage to the article about how National Association of Realtors top employees and board members are compensated. Several people suggested that NAR’s top brass gets paid too much …

11 tips for managing your time and money as an independent contractor

Leaving a relatively decent full-time office job to work independently was probably the hardest professional decision I’ve ever made. Although I have no regrets, I admittedly did not know what I was getting myself into. Our most recent Special Report d…

Is your broker’s technology holding you hostage?

I just love the question: should I use my brokerage’s technology? I see agents who are held hostage by email addresses and domain names that they do not own and held by the belief that it’s the technology they use and probably pay for through the real …

Tax season is here: a guide for independent contractors

April 15th is coming faster than the speed of light. Avoid procrastination– or rather, more procrastination– by starting on your income tax now. You can earn the maximum refund – or lowest payment – you deserve by calculating tax-deductible business …

Real estate independent contractor lawsuits, explained

Are real estate agents independent contractors or employees? This seemingly simple question has sparked some debate — and some lawsuits. The controversy seems to have reached new levels since the arrival of new “sharing economy” business models like U…

Real estate independent contractor lawsuit settled in California

A lawsuit that could have had wide-ranging repercussions for the real estate industry has been settled out of court, deferring for another day whether real estate agents should be considered employees or independent contractors. Bararsani v. Coldwell B…

Worries for real estate mount as Uber independent contractor suit moves forward

A federal judge has granted class-action status to a controversial lawsuit questioning whether drivers for ride-hailing app company Uber are independent contractors or statutory employees, allowing the case to move forward. The eventual outcome of the …

Brokers and agents, beware! Misclassifying employees as independent contractors has potential to bankrupt your business

Do you run a brokerage or a team? Do you have someone who does part-time work for your business on the side that you pay as an independent contractor? If so, you may be playing with a loaded gun that can literally bankrupt your business …

ZipRealty settles final class-action agent compensation lawsuit for $1.7M

Real estate brokerage and referral site operator ZipRealty Inc. will pay $1.7 million to settle a class-action lawsuit filed by two real estate agents formerly employed by the company in Arizona. The settlement, which is subject to court approval, reso…

If you’re not happy at a big-box brokerage, consider striking out on your own

It’s a new year and the worst of the housing market crash is behind us, so maybe you have been thinking about switching to a smaller brokerage or starting one of your own. If you are happy where you are, …