Agency
A subagent represents:
ABoth buyer and seller equally
BThe principal through the listing broker✓ Correct
COnly the buyer in the transaction
DThe MLS board
Explanation
A subagent represents the seller (principal) through the listing broker. Subagency occurs when a cooperating broker assists in selling the property but owes fiduciary duties to the seller, not the buyer.
Related California Agency Questions
- Under California's agency law, a 'designated agent' refers to:
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- When may a California real estate licensee act as a principal (buying or selling for themselves) rather than as an agent?
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- A broker who operates as a 'transaction broker' (non-agent facilitator) in California:
- In a transaction where both the buyer and seller are represented by agents from the same brokerage, this is called:
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