RISK REDUCTION
*Independent Contractors Across the country and in New Jersey, real estate licensees are allowed to be classified as independent contractors, a designation of critical importance to the real estate profession. The real estate profession has long maintained independent contractor relationships, and in these relationships, real estate brokers oversee their agents, but do so while giving them the discretion they need to best represent their clients. If real estate licensees lost their independent contractor status, it would make it untenable for the industry to continue and professionals to represent consumers buying and selling homes.
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New Jersey Realtors® strongly supports maintaining the independent contractor status so real estate professionals may continue to operate and serve New Jersey home buyers and sellers.
