Topic · 8 policies
Assistants, teams & TCs
Hiring assistants, licensed vs. unlicensed, transaction coordinators
- 8.1Personal AssistantsYou may find hiring a personal assistant to be helpful to your business. In hiring a personal assistant, you become an employer and have employer responsibility in that…
- 8.2Licensed Assistants and Unlicensed Office PersonnelThe general policy is that unlicensed office personnel (secretaries, assistants, personal assistants, receptionists, accounting personnel, etc.) are to be used in a…
- 8.3Payment/Tax ReportingYou are responsible for determining whether your relationship with the personal assistant is that of employee/employer or independent contractor, and for properly…
- 8.4Salesperson – Personal Assistant ContractYou are required to have a written agreement with your personal assistant that expresses the nature of the relationship and each party’s duties and responsibilities. The…
- 8.5SupervisionsYou are responsible for supervising all activities of your personal assistant, whether or not such activity requires a real estate license. When requested by your…
- 8.6IndemnityExcept as may be covered by the Company’s Errors & Omissions policy of insurance, you agree to indemnify, defend, and hold the Company harmless from all claims, demands…
- 8.7Workers CompensationNo Workers Compensation insurance is provided by the Company for unlicensed assistants hired by agents. Agents who hire unlicensed assistants shall be responsible for…
- 4.43Transaction Coordinators & AuditorsThe Company has approved one or more transaction coordinators (TC). A transaction coordinator can assume many roles. In this Company, the approved TC’s: - Review all…
