A sub-agent is a real estate licensee who provides real estate services to a buyer while actually representing the seller in a real estate transaction.
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What is a sub agency in real estate?
Learn About Subagency in Real Estate. Subagency refers to a specific client representation relationship between a property listing broker or real estate agent and another real estate broker or agent who brings the buyer to purchase the property. In subagency, the agent bringing the buyer is actually working for the seller as a subagent…
What is a subagent in real estate?
A subagent is a real estate salesperson that works with the seller’s agent by presenting a potential buyer to the seller. The subagent is really an agent of the seller and owes a fiduciary duty to the seller but not to the buyer.
What is Subsub-agency?
Sub-agency was the predominant method of establishing a brokerage relationship until the mid 1990s. A sub-agent is a real estate licensee who provides real estate services to a buyer while actually representing the seller in a real estate transaction.
What is a sub-agency broker?
Answer: Sub-agency is one type of brokerage relationship. Today, everyone is familiar with buyer-agency brokerage relationships in which a buyer is provided with services by the firm that represents the buyer in a real estate transaction. However, veteran agents may remember a time when buyers did not have their own representation.