Agency
What is 'subagency' in real estate?
AWhen a salesperson works under a broker
BWhen a cooperating broker or salesperson represents the seller through the listing broker, creating an agency relationship with the seller even while working with the buyer✓ Correct
CWhen a buyer's agent hires an assistant to help with showings
DWhen multiple brokers share a listing
Explanation
Subagency occurs when a cooperating broker (buyer's agent) represents the seller's interests through the listing broker, making the cooperating broker a subagent of the seller. Subagency is rare today because it creates liability concerns — most cooperating agents now represent buyers under buyer agency agreements.
Related Delaware Agency Questions
- Under Delaware agency law, which duty does an agent owe ONLY to their client (not to customers)?
- Which of the following is a legal obligation of a Delaware licensee acting as a transaction broker (facilitator)?
- The brokerage disclosure form required in Delaware must be signed by the consumer:
- In Delaware, a listing agreement is a contract between:
- What is the 'procuring cause' doctrine in Delaware real estate?
- What is a 'buyer representation agreement' in Delaware?
- When must a Delaware real estate agent first present the agency disclosure form to a consumer?
- What is the principal-agent relationship in Delaware real estate?
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