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You are your own boss, akin to a contracted worker, and therefore are not technically an employee of any other agency. Obviously, you work in the field of travel, creating customized itineraries for trips by offering the best recommendations for every aspect along the way.
Simply put, being an independent contractor is one way to be self-employed. Being self-employed means that you earn money but don't work as an employee for someone else.
Travel agents sell transportation, lodging, and entertainment activities to individuals and groups planning trips. Travel agents typically spend much of their day sitting, working on the phone and on the computer. Most travel agents work for travel agencies; many are self-employed.
Travel agents are sales professionals that specialize in the selling of travel products. Unlike sales representatives who work for a specific travel vendor, such as a cruise line or hotel chain, travel agents and travel agencies are independent, picking and choosing the products and services that they prefer to sell.
While some travel agents are employees of the travel agencies that they work for, others are independent contractors. In fact, Travel Weekly reports that a 2017 study by the Travel Institute showed that 62 percent of travel agents are now independent contractors.
If you are an independent contractor, then you are self-employed. The earnings of a person who is working as an independent contractor are subject to self-employment tax. To find out what your tax obligations are, visit the Self-Employed Individuals Tax Center.
A travel agent makes money by charging fees for separate elements of travel. For example, instead of charging a commission for booking tickets with airlines or hotel rooms, travel agents earn money by charging a service fee for each booked part.
An independent travel agent has her own at-home business. He works full-time or part-time. The travel agent partners with a host agency and earns commissions for all travel packages and deals sold. But before a person can join a host travel agency he must learn about the tourism and the travel industry.
You have to be able to think on your feet and be very organized. And there's a lot of competition out there, so you need to be good at marketing yourself. But if you're passionate about travel and have some people skills, then becoming a travel agent could definitely be worth it for you.
Independent travel agent contracts aren't a one-size-fits-all kind of deal (just like hosts!). Not all independent travel agent contracts are created equal. Just like any business, host agencies vary in size and amount of resources at their disposal.