California Bill: Estate Agents

california bill: AB5 passing is a nightmare scenario for the gig economy not just because of its immediate consequences, but because it proves that such legislation is possible and politically viable, according to The Independent. Licensed real estate agents were given a carve-out in the California bill, along with insurance agents, doctors, securities brokers, and more than half a dozen other professions. The California Senate has voted to end the gig economy as we know it, Quartz said. Real estate agents needed the exemption because they didn't meet the law's ABC test for determining status. B The person performs work that is outside the usual course of the hiring entity's business. To be classified as an independent contractor, the following conditions must be met, according to the bill A The person is free from the control and direction of the hiring entity in connection with the performance of the work, both under the contract for the performance of the work and in fact. (news.financializer.com). As reported in the news.