AdhiSchools Blog

Practical advice for real estate agents

Tax withholdings for Realtors?

Accountant reviewing expenses for real estate brokerage company

One of the nice things about being in real estate is we are generally treated as independent contractors for tax purposes and work hour requirements. Legally, of course, the California Bureau of Real Read more...

One of the nice things about being in real estate is we are generally treated as independent contractors for tax purposes and work hour requirements. Legally, of course, the California Bureau of Real Estate always treats us as employees of the broker. From 30,000 feet this means that the broker must reasonably supervise any salespeople working for the broker and the broker is generally responsible for a wrong done by the salesperson while the salesperson is acting under the scope and course of employment. However, for tax purposes and work hour requirements - what I am attempting to talk about in this article - salespersons can be treated as independent contractors not employees. This generally means: 1. Salespersons are independently licensed. 2. Compensation is based on sales made, not hours worked. 3. There is a written contract that states that the salesperson will be treated as an employee for tax purposes. Recently, due to the California budget crisis, there was a proposal to have real estate brokers withhold 3% from commissions paid to salespeople. Yesterday, we got word from CAR that this is not going to be the case. Real estate agents that are taxed as independent contractors get to keep all the commissions due them and the brokers are not required to withhold this 3%! The world is once again in balance! PS: Check out our YouTube video of this here

By Kartik Subramaniam

December 09, 2009

Practical advice for real estate agents

Open house guidelines for unlicensed assistants

Open house sign on front lawn outside of house2

The following is from the California Department of Real Estate's publication entitled "Guide to Unlicensed Assistants". This is valuable information as many of you may be considering working for an experienced Read more...

The following is from the California Department of Real Estate's publication entitled "Guide to Unlicensed Assistants". This is valuable information as many of you may be considering working for an experienced real estate salesperson as an apprentice or assistant prior to you actually obtaining a license.Here is an excerpt from the section on "Open Houses""With the principal’s consent, assisting licensees at an open house intended for the public by placing signs, greeting the public, providing factual information from or handing out preprinted materials prepared by or reviewed and approved for use by the licensee, or arranging appointments with the licensee. During the holding of an open house, only a licensee may engage in the following: show or exhibit the property, discuss terms and conditions of a possible sale, discuss other features of the property, such as its location, neighborhood or schools, or engage in any other conduct which is used, designed or structured for solicitation purposes with respect to the property."

By Kartik Subramaniam

January 13, 2009

Practical advice for real estate agents

Does your family support your real estate career?

Family of four walking down the street holding hands and smiling

Let's face it. Being on commission can be tough. Having the support of your family can be key as you start your career in real estate. Explain to them WHY you are choosing this career path and what you Read more...

Let's face it. Being on commission can be tough. Having the support of your family can be key as you start your career in real estate. Explain to them WHY you are choosing this career path and what you plan on doing so that you don't fail.Get as much training as you can in the beginning. Finally, most businesses fail because they don't have enough customers. What are you going to do to make sure you don't fall in this category?

By Kartik Subramaniam

September 30, 2008
 

Unlock your potential in the exciting world of real estate!

I want more info!

" Hello, my is and I'd like to get more information on real estate classes.

Please send me information to

Enter your to verify you are a real person. "

Disclaimer : By clicking “Agree” below I am providing my electronic signature and express written consent and agreement to permit ADHI Schools to call and text me at the number provided for marketing purposes using an autodialer and/or an artificial or prerecorded voice. Message and data rates may apply. I acknowledge my consent is not required to obtain any good or service. I can opt out here or by replying STOP to any text message at any time. Message frequency may vary. My phone number at which I agree to be contacted is

Interested in a free day trial of our industry-leading online program?
Start your free trial.

"Hey guys,

I took the exam today and passed!!!!
It only took me one try which was one of my goals. I took the online
classes and follow your suggestions so I took the crash course,
used the crash course app a lot, took 7 mock tests and went
confident to present the exam. Thank you for the great job you are
doing, you guys are awesome!!!! May God continue to bless you!"

Willie V.