Agency
Sub-agency occurs when:
ATwo agents work together on a transaction
BA cooperating broker acts as an agent of the listing broker (and therefore represents the seller)✓ Correct
CA broker has an assistant
DAn agent refers a client to another agent
Explanation
In sub-agency, the cooperating (buyer's) broker acts as a sub-agent of the listing broker, which means both agents legally represent the seller. Sub-agency has largely been replaced by buyer agency.
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