Agency
Subagency in Alabama means:
AAn agent who represents the buyer under the listing broker
BAn agent who works under the listing broker and owes duties to the seller✓ Correct
CAn agent who handles only the paperwork
DAn agent who works part-time
Explanation
A subagent works under the listing broker and, like the listing broker, owes fiduciary duties to the seller. Subagency is rare today as most buyer's agents represent the buyer rather than acting as subagents of the seller.
Related Alabama Agency Questions
- The duty of 'accounting' in a real estate agency relationship requires the agent to:
- In Alabama, a seller's agent may disclose which of the following about the seller to a buyer?
- Which fiduciary duty requires an Alabama agent to put the client's interests above their own?
- A net listing is one where:
- A buyer's agent in Alabama has a duty to:
- Under Alabama law, a transaction broker owes which duties to both parties?
- A licensee working with a buyer who has not signed a buyer representation agreement is considered to be:
- When does an agency relationship typically terminate in Alabama?
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