Agency
Subagency occurs when:
AA buyer's agent refers the buyer to a mortgage lender
BA cooperating broker works on behalf of the listing broker and the seller✓ Correct
CA salesperson works under a broker's supervision
DA broker opens a second branch office
Explanation
Subagency is created when a cooperating (selling) broker acts as the agent of the listing broker, thereby representing the seller. Subagency has become less common as buyer agency has grown in practice.
Related Alaska Agency Questions
- In Alaska, the type of listing that gives the seller the most control over who earns the commission when the seller also finds a buyer is:
- When a seller's agent accidentally discloses confidential seller information to the buyer, the agent has violated the duty of:
- Subagency in Alaska traditionally meant that a cooperating broker:
- Ostensible (apparent) agency in real estate most commonly arises when:
- An Alaska real estate agent who acts beyond the scope of their authorized duties without the principal's consent may create liability for:
- A real estate agent in Alaska who represents both buyer and seller in the same transaction is called a:
- An agent's duty of loyalty to a client means the agent must:
- A listing agent in Alaska discovers that the seller concealed a leaking roof. The agent's duty is to:
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