Agency
Under Kansas law, a cooperating broker in a transaction acts as a subagent of the listing broker unless:
AThe cooperating broker files a subagency waiver with KREC
BThe cooperating broker has established a buyer agency relationship with the buyer✓ Correct
CThe buyer and seller agree to eliminate subagency
DThe cooperating broker holds a principal broker's license
Explanation
The presumption of subagency can be overcome when the cooperating broker has established a buyer agency relationship with the buyer, representing the buyer's interests instead.
Related Kansas Agency Questions
- What must a Kansas dual agency disclosure include?
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