AGENT AGREEMENT 

Plan 1  (80% to Agent) 

Premier Agent Realty. Under this agreement—aligned with Premier Agent Network our associates and all parties herein agree to the following terms and conditions;

This Exclusive Broker / Agent Agreement ("Agreement") is entered into and made effective as of the date signed, by and between Brokerage Team / Affiliate ("Broker") and the undersigned Real Estate Associate / Agent ("Agent")

1. ENGAGEMENT AND SCOPE OF ASSOCIATION

Broker/Team hereby engages Associate/Agent, and Agent agrees to be associated with Broker/Team as a real estate sales associate or broker associate under the terms and conditions set forth in this Agreement. The agent warrants they hold a valid California Department of Real Estate (DRE) license and shall maintain all necessary memberships, licenses, and professional standards required by laws and local boards

2. COMPENSATION & COSTS (AGENT COMMISSION & FEES)

Commission & Compensation: 80% to agent, 90% after 12 annual closings.

3. INSURANCE; ERRORS & OMISSIONS (E&O)

Agent agrees to pay a mandatory Errors and Omissions (E&O) insurance fee of $100.00 per transaction side, payable through escrow at the closing of each transaction, to cover professional liability insurance maintained by Broker.

4. TERM AND TERMINATION

This Agreement shall commence on the date signed and shall continue for a period of one (1) year, automatically renewing annually unless terminated by either party. Either party may terminate this Agreement at any time, with or without cause, by providing written notice to the other party. Upon termination, pending transactions shall be handled in accordance with Broker's standard transition policies and commission splits for deals currently in escrow.

5. ATTACHMENTS AND BROKER AFFILIATIONS

This Agreement is subordinate to any primary broker-associate or network affiliation agreements between Broker/Team (Premier Agent Realty or Premier Agent Network) and Agent, and while Agent and any sub-agents or team members associated under this Agreement must execute all required brokerage compliance documents, the operational terms, commission structures, and team rules set forth herein shall govern the internal conduct and split arrangements of Agent's team.

6. COMPLIANCE, RECORDS, AND CONDUCT

Agent agrees to comply with all applicable local, state, and federal real estate laws, DRE regulations, fair housing laws, and Brokerage office policies. Agent shall promptly submit all transactional paperwork, contracts, disclosures to Broker for review and compliance approval.

7. OTHER TERMS

I. Independent Contractor Status, Tax, Expenses, E&O, Indemnification

A. Independent Contractor. Agent is retained by Broker strictly as an independent contractor and not as an employee, partner, or joint venture for any purpose. Agent shall be solely and exclusively responsible for their own actions, omissions, conduct, business operations, and compliance with all applicable local, state, and federal laws, rules, and regulations up to the full limits of the law. Nothing in this Agreement shall be construed to create an employer-employee relationship. Agent shall have no authority to bind Broker to any contract, obligation, or liability except as explicitly authorized in writing by Broker for specific real estate transactions.

B. Taxes, Expenses, and Control. Agent shall retain absolute discretion and control over their daily schedule, methods of operation, and the manner in which they perform real estate services. Agent shall be solely responsible for the payment of all federal, state, and local income taxes, self-employment taxes, Social Security contributions, workers' compensation insurance (if applicable), and any other business-related expenses incurred in the performance of this Agreement. Broker shall not withhold any sums from Agent’s commission compensation for tax purposes.

C. Errors and Omissions (E&O) Insurance. For each closed and Broker-approved transaction, the applicable E&O policy shall cover Agent’s professional acts, errors, and omissions, subject to the terms, conditions, exclusions, deductible limits, and coverage caps of the underlying insurance policy. Agent agrees to strictly comply with all risk-management procedures, transaction documentation timelines, and Broker policies required for E&O.

D. Agent Indemnification. Agent agrees to defend, indemnify, and hold harmless Broker, its officers, directors, affiliates, and employees, employers or partner associates from and against any and all claims, liabilities, losses, damages, fines, or legal expenses (including reasonable attorney's fees) arising out of or resulting from Agent’s willful misconduct, gross negligence, unauthorized commitments, statutory violations, or actions falling outside the scope of authorized brokerage activities or outside the active coverage of the Broker's E&O policy.

II. Dispute Resolution & Conflict Management Provision

A. Disputes Between Agent and Broker. Any dispute, controversy, or claim arising out of or relating to this Agreement, Agent’s association with Broker, commission compensation, or the performance of real estate services between Agent and Broker shall, at Broker’s sole and absolute discretion, be resolved either by (1) binding mediation, or (2) submission to a court of competent jurisdiction. Broker shall have the exclusive right to select the forum.

B. Disputes Between Agent and Client. Any dispute or claim arising out of a real estate transaction or agency relationship between Agent and a client (whether buyer, seller, landlord, or tenant) shall, at Broker’s sole and absolute discretion, be resolved either by (1) binding mediation, or (2) submission to a court of competent jurisdiction. Broker reserves the right to control, direct, or participate in the resolution of any client dispute involving transactions conducted under Broker’s license.

C. Disputes Between Clients (Buyer and Seller / Dual Agency or Transactional Conflicts). In the event of a dispute, disagreement, or conflicting demands arising between opposing clients (such as a Buyer and a Seller) in a transaction handled by Agent, such disputes between the clients shall be resolved exclusively through mediation only, unless otherwise agreed in writing. Neither Agent nor Broker shall be forced to litigate or arbitrate disputes directly between opposing clients; rather, the clients must submit their dispute to a mutually agreed-upon professional mediator before pursuing any formal legal action or contract cancellation remedies.

D. Allocation of Costs and Fees. In mediation, legal proceeding, court action arising under this Section, each party shall bear their own initial legal counsel  costs, unless otherwise awarded by the court or mediator pursuant to underlying purchase agreement terms or applicable state law.

III. Ownership of Listings, Files and Record. All listings, client leads, transaction files, contracts, and associated documents generated or obtained during the term of this Agreement are and shall remain the exclusive property of Broker. Upon termination of this Agreement for any reason, Agent shall immediately deliver to Broker all physical and digital files, keys, marketing materials, and proprietary data belonging to or obtained through Brokerage operations.

IIII. Automobile & Personal Liability Insurance. Agent agrees to maintain continuous personal automobile liability insurance with minimum coverage limits, and shall  act responsibly and be responsible legally, financially at all times for any reason.

IIIII. Personal Assistants, Co-Agents and Teams. Agent may engage unbonded, unlicensed personal assistants or administrative staff at Agent’s sole expense, provided such individuals perform strictly clerical or administrative tasks and do not engage in activities requiring a real estate license. If Agent employs or utilizes any licensed personal assistant, co-agent, or team member, such individual must be formally registered with Broker, execute any required brokerage agreements, and operate under the direct supervision and DRE licensing of Broker. Agent shall be fully responsible for the compensation, conduct, statutory compliance, and supervision of any assistants or team members working under or for Agent, and shall indemnify Broker against any claims or liabilities arising from their acts or omissions.

IIIIII. Commission Offsets, Debts and Deductions. Broker reserves the right to deduct, offset, or withhold from any commissions or compensation due to Agent any amounts owed by Agent to Broker. This includes, but is not limited to, unpaid E&O fees, MLS or association dues, advertising costs, shared legal expenses, indemnification obligations, or unearned commission advances resulting from cancelled or failed escrows.

IIIIIII. Advertising, Signage, and DRE Compliance. Agent shall ensure that all forms of advertising, marketing materials, yard signs, social media posts, websites, digital media, and team names strictly comply with all California Department of Real Estate (DRE) regulations, the California Business and Professions Code, and local association rules. All advertising must prominently display Broker’s corporate identity, license number, or designated brokerage name as required by law. Agent shall not publish, launch, or distribute any advertising, promotional materials, or automated marketing campaigns using Broker’s name or license without prior written approval from Broker. Agent shall be solely responsible for, and shall defend, indemnify, and hold harmless Broker from, any fines, penalties, or legal claims arising from Agent’s advertising activities, including but not limited to telemarketing, "Do-Not-Call" registry violations, copyright infringement, or failure to disclose required licensee information.

8. TRANSACTION COORDINATORS

A. Utilization and Selection.

Agent may, at Agent’s sole discretion and expense, engage a professional Transaction Coordinator (TC) to assist with file management, compliance paperwork, and escrow timelines. Because Premier Agent Network provides transaction management tools and optional TC support, the use of a transaction coordinator does not alter Agent's primary responsibility for the accuracy, timely submission, and DRE compliance of all transaction documentation.

B. Fees and Payment.

Any fees charged by a transaction coordinator are the exclusive financial responsibility of Agent and shall be paid directly by Agent or settled through escrow instructions as agreed upon between Agent and the TC provider. TC fees are entirely separate from, and shall not be offset against, Broker’s flat transaction fees, tech fees, or E&O insurance charges.

C. Confidentiality and Access.

If Agent utilizes an independent or third-party transaction coordinator (outside of approved brokerage staff), Agent shall ensure that the TC executes any required brokerage confidentiality agreements and complies strictly with privacy laws, DRE file retention rules, and Broker’s online transaction management system protocols. Agent remains fully liable to Broker for any compliance failures, missed disclosure deadlines, or data breaches caused by Agent's chosen transaction coordinator.

8. GENERAL PROVISIONS

This Agreement constitutes the entire understanding between Broker/manager and Agent and supersedes all prior discussions or agreements. This Agreement shall be governed by and construed in accordance with the laws of the Licensed State.

9.AGREEMENT AND SEVERABILITY

This Agreement constitutes the entire understanding between the parties and supersedes all prior discussions, negotiations, or agreements regarding the subject matter herein. Should any of the terms not be valid or hold up, the remaining provisions apply and shall remain in full force and effect.

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