Agency
Subagency in Alaska traditionally meant that a cooperating broker:
ARepresented the buyer under a separate buyer representation agreement
BRepresented the seller as a subagent through the listing broker✓ Correct
CActed as a facilitator with no agency duties to either party
DRepresented both buyer and seller in a disclosed dual agency
Explanation
Historically, subagency meant that cooperating brokers (selling brokers) in an MLS were agents of the seller, working as subagents through the listing broker. This created confusion because buyers often mistakenly believed cooperating brokers represented them. Alaska and most states have largely replaced subagency with buyer representation.
Related Alaska Agency Questions
- Which of the following best describes a designated agency arrangement?
- The legal concept that holds an employing broker responsible for the acts of affiliated licensees is known as:
- Which statement about 'implied agency' is most accurate?
- Under Alaska agency law, when must a licensee provide the agency disclosure to a potential buyer?
- Subagency occurs when:
- Which type of agency is created when an agent acts on behalf of a principal without explicit authorization, but the principal later approves the action?
- If a seller's agent inadvertently creates an implied agency relationship with a buyer by extensively advising them, the most significant risk is:
- Under Alaska law, an agent who represents a buyer in a new construction purchase must disclose their agency status to:
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