United States Department of Labor Proposes New Independent Contractor Rule

Louisiana REALTORS • October 13, 2022

United States Department of Labor Proposes New Independent Contractor Rule

On October 11, 2022, the U.S. Department of Labor released a proposed rule interpreting how a worker is classified under the Fair Labor Standards Act (FLSA). The DOL has proposed the rule to ensure covered employers are providing workers, including "gig workers," with minimum wage and overtime pay as required under the FLSA, to ensure consistency with existing judicial precedent and the Department’s longstanding guidance. The proposed rule under the FLSA also does not impact real estate professionals’ explicit protection in the Internal Revenue Code, 26 U.S.C. 3508, which provides the framework to classify them as statutory non-employees for federal tax purposes. Additional information on this proposed rule is available here: https://www.nar.realtor/washington-report/dol-proposes-new-independent-contractor-rule

 

Please note that this rule is proposed and not effective as of the publication date of this post.

How REALTORS® Help Home Sellers Navigate Multiple Offers with Confidence

How REALTORS® Help Home Sellers Navigate Multiple Offers with Confidence

By Louisiana REALTORS® • July 3, 2025
Navigating multiple offers isn't just about choosing the highest bid. Here's how REALTORS® guide sellers through this critical phase with strategy and confidence.
Signs You’re Ready to Buy a Home in Louisiana

Signs You’re Ready to Buy a Home in Louisiana (And How a Local Realtor® Can Help You Take the Next Step)

By Louisiana REALTORS® • June 27, 2025
Are you wondering if now’s the right time to stop renting and start putting down roots in Louisiana? Here’s some signs you’re ready to buy, and how a local expert can help you take the leap.

Consumer Guide Update: Making Your Home More Energy Efficient

By Louisiana REALTORS® • June 25, 2025
As previewed last week, NAR is pleased to share the latest consumer guide focused on Making Your Home More Energy Efficient. This guide helps homeowners understand how to reduce energy usage, make cost-effective upgrades, and improve the efficiency and appeal of their home whether they are planning to sell or stay. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Making Your Home More Energy Efficient Real Estate Auctions Buyer’s vs. Seller’s Markets Estate Planning Mortgage Interest Tax Deduction Understanding & Protecting Yourself from Title Fraud Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients so that they have the information they need to find success in their homebuying or selling journey. Please remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover buying a historic property.
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