Parties
Identify the brokerage and the agent by full legal name, license number, business entity type, and primary business address to avoid identity or enforcement issues.
A precise employment agreement reduces disputes, clarifies compensation mechanics, and documents regulatory compliance such as licensing and consumer disclosures. It also protects the brokerage’s business practices and the agent’s expectations when executed and retained correctly.
Typical parties include the brokerage employer, the licensed real estate agent or broker, and occasionally an office manager or compliance officer who assists with onboarding.
Each signatory should review licensing, compensation, and termination clauses; legal counsel is recommended for unusual provisions or state-specific mandates.
The broker or firm owner signs for the brokerage and accepts responsibility for supervising agents under state licensing rules. Their signature binds the brokerage to commission schedules, office policies, and indemnities described in the agreement.
A licensed agent signs to acknowledge commission splits, duties, territorial limits, and compliance obligations. For independent-contractor arrangements, the agent’s signature also confirms tax classification and any expense reimbursement provisions.
Identify the brokerage and the agent by full legal name, license number, business entity type, and primary business address to avoid identity or enforcement issues.
Define duties precisely: listing/sales responsibilities, marketing expectations, client relationship ownership, and any service-level requirements for open houses or prospecting.
Specify commission splits, draw arrangements, timing of payments, chargebacks, desk fees, referral fees, and how transaction costs are allocated.
State the agreement start date, renewal or fixed term, cause and convenience termination rights, notice periods, and post-termination obligations such as client notice.
Include obligation to maintain active license and errors-and-omissions insurance, reporting duties, and cooperation with audits or regulatory inquiries.
Cover trade secrets, client lists, data access, non-solicitation limits, and the duration of confidentiality obligations after separation.
| Field | Configuration |
|---|---|
| Signature Placement | Add signature, initial, and date fields for each signer. |
| Authentication Method | Choose email link, SMS code, or stronger ID verification if required. |
| Signing Order | Set sequential or parallel signing based on business rules. |
| Audit Trail | Enable full audit trail capture for IP, timestamp, and actions. |
Choose delivery methods that match signer access and regulatory needs, including email, secure link, or in-person signing.
Consider account-free guest signing for convenience but increase authentication for sensitive compensation or licensing changes.
Date entered as MM/DD/YYYY when obligations start.
Follow stated timing, e.g., net 30 days after closing.
Observe any notice period, commonly 30–90 days.
Allow time for internal reconciliation before payout.
Retain per legal retention guidance in this guide.
Agent signs the employment agreement and returns it.
Broker verifies active license with state records.
Accounting sets up commission splits and payment routing.
Signed agreement filed and retained in compliance records.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day trial | Yes | Yes | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Broker deployed digital agreements to onboard remote agents quickly
Small firm standardized commission language across hires