Is this the end of independent Boston real estate broker Companies?
Will Boston real estate agents remain independent contractors? It’s an issue that’s been talked about in the industry for years
If the PRO Act passes, Bernice argued, “it would make the ‘ABC’ test for independent contractor (IC) status the law of the land and would classify real estate professionals and almost all other gig workers as employees.”
In this week’s episode, Byron and Nicole broke down what the “ABC” test is, how it affects the Boston real estate industry and who might benefit if the PRO Act does pass. “These types of bills only help the big guy,” Byron said, even though he later added that he doesn’t believe it will happen. “These types of bills do not help the little single agent who wants to stay an independent contractor.”
Is an independent contractor (IC) status dead?