Agency
Sub-agency in Delaware means:
AThe buyer's agent works for a different brokerage than the listing brokerage
BA cooperating agent represents the seller, not the buyer✓ Correct
CTwo salespersons from the same office each represent a party
DThe broker appoints two designated agents
Explanation
In a sub-agency arrangement, the cooperating (selling) agent works as an agent of the listing broker and thus represents the seller rather than the buyer.
Related Delaware Agency Questions
- What is a 'net listing' and why do most Delaware experts caution against them?
- An agent's duty to the principal continues after closing regarding:
- In a designated agency arrangement in Delaware, two licensees from the same firm each represent one party. The broker:
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- The brokerage disclosure form required in Delaware must be signed by the consumer:
- An agent who fails to disclose a material defect in a property they represent has violated the duty of:
- Which of the following would terminate a listing agreement in Delaware?
- The procuring cause of a sale determines who is entitled to:
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