what is a subagent real estate
Best answer
A subagent is areal estate agent or broker who brings in the buyer to purchase a property,but he is not the property listing agent. The subagent usually earns a portion of the commission. Subagents are rare today because of the popularity of buyer agents and due to liability concerns.
People also ask
What is a subagent in property?
A subagent is a real estate agent or broker who brings in the buyer to purchase a property, but he is not the property listing agent. The subagent usually earns a portion of the commission.
What is a subagency?
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 in a buyer to purchase the property.
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 the difference between a subagency and a listing agent?
In subagency, the agent bringing the buyer is actually working for the seller as a subagent of the listing broker. This is important, as the agent working with the buyer actually owes fiduciary duties to the seller, not the buyer.