What differentiates a regular employee in a real estate firm?

The distinctive feature that sets a regular employee in a real estate firm apart is the reception of a set salary. Typically, regular employees are part of the firm's payroll system, meaning they earn a consistent paycheck irrespective of the sales volume or commission generated. This arrangement provides them with financial stability and benefits that independent contractors may not receive.

In contrast, individuals who receive commission on sales tend to work as independent contractors rather than regular employees. They often have flexible working arrangements and are compensated based on their performance in completing transactions. Similarly, those who work independently for various brokers may not be tied to a singular real estate firm and often manage their own marketing and business strategy. Lastly, being licensed under multiple brokers is characteristic of independent agents who operate autonomously, allowing them greater freedom in their career but lacking the job security typically associated with being a regular employee in a real estate firm.