Agency
In Florida, a 'subagent' is created when:
AA sales associate works under a broker
BA listing broker cooperates with another broker and authorizes them to act as subagents of the seller✓ Correct
CA buyer hires a sales associate who works independently
DA transaction broker refers a buyer to another broker
Explanation
A subagency relationship is created when a listing broker authorizes a cooperating broker to represent the seller as a subagent. In subagency, the cooperating broker and their agents also represent the seller (not the buyer), even while working with the buyer. This traditional arrangement is less common today as buyer's agency and transaction brokerage have become more prevalent.
Related Florida Agency Questions
- In Florida, a 'dual agent' relationship is NOT recognized because:
- In Florida, which relationship requires the MOST extensive written disclosure — the Single Agent Disclosure, the Transaction Broker Notice, or the No Brokerage Relationship Notice?
- In Florida, which disclosure form must be provided before or at the time of entering into a listing agreement?
- In Florida, a single agent owes which of the following duties to their principal?
- In Florida, a 'transaction broker' owes which of the following duties to both parties?
- A Florida listing agent who obtains personal information from the seller (such as the minimum acceptable offer) must, as a transaction broker:
- A Florida real estate licensee must give a prospective buyer the No Brokerage Relationship Notice:
- In Florida, when must a licensee disclose their agency status to a customer (not client)?
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