Agency
In Michigan, a subagent represents:
AThe buyer in a co-brokered transaction
BThe seller through the listing broker by assisting with the transaction✓ Correct
CA junior-level agent supervised by a senior agent
DNeither party and is a neutral transaction facilitator
Explanation
A subagent is a cooperating broker who represents the seller (through the listing broker's principal-broker relationship) rather than the buyer. Subagency is less common in Michigan since buyer agency became standard.
Related Michigan Agency Questions
- A Michigan listing broker who discovers a hidden defect in the listed property must:
- Michigan dual agency is lawful when:
- In Michigan, the term 'buyer beware' (caveat emptor) has been significantly limited by:
- In Michigan, 'apparent authority' of an agent occurs when:
- In Michigan, a transaction coordinator who assists both parties without representing either is functioning as a:
- In Michigan, the creation of a buyer agency relationship requires:
- A Michigan real estate agent who represents a buyer must present which of the following to the seller?
- What best describes 'subagency' in the context of Michigan real estate?
Practice More Michigan Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Michigan Quiz →