Agency
A subagent is best described as:
AA licensee who represents the buyer in a buyer-agency arrangement
BA licensee who represents the seller through cooperation with the listing broker✓ Correct
CA transaction broker with limited duties to both parties
DAn unlicensed assistant who helps the listing agent
Explanation
A subagent is a cooperating licensee (e.g., selling agent) who represents the seller's interests through the listing broker, not the buyer, unless a buyer-agency agreement exists.
Related Arkansas Agency Questions
- A real estate agent who represents both the buyer and seller in the same transaction is known as a:
- A buyer's agent accepts a referral fee from a home inspector. This is:
- The fiduciary duty of CONFIDENTIALITY requires an agent to:
- Which of the following is an example of an expressed agency relationship?
- The duty of confidentiality survives the termination of the agency because:
- In Arkansas, a buyer's agent owes which of the following duties to the buyer-client?
- An implied agency relationship can be created by:
- The duty of reasonable care in real estate agency means the agent should:
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