Agency
Which of the following BEST describes a subagent?
AAn agent who works under a buyer's broker
BAn agent from a cooperating brokerage who represents the seller through the listing broker✓ Correct
CA licensed assistant who works under a broker
DAn agent who represents both parties in a transaction
Explanation
A subagent is an agent from a cooperating brokerage who assists in selling a property while representing the seller through the listing broker's agency relationship. Subagency has largely been replaced by buyer agency in modern practice.
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