Real Estate Agent Employment Contract

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DOCX
Pages
3
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Document Overview

A Real Estate Agent Employment Contract is a legally binding agreement between a real-estate agency and an agent outlining terms of employment, commission structure, and duties. It protects both parties by clearly stating obligations, remuneration, termination conditions, and legal compliance under the Employment Act 2007 and Estate Agents Act (Cap 533).

Purpose:
1. Ensures that both the employer and the agent operate within the framework of the Employment Act, 2007
2. Clearly outlines the agent’s duties (e.g., marketing properties, finding buyers or tenants, preparing reports) and performance targets, helping avoid misunderstandings about responsibilities.
3. Specifies how the agent will be paid - whether by salary, commission, or a mix of both
4. Provides a clear framework for how the contract may be ended
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