Agency
In Missouri, 'sub-agency' occurs when:
AA buyer signs a representation agreement
BA cooperating broker represents the seller (not the buyer) in a transaction through a listing broker arrangement✓ Correct
CA salesperson works under a broker
DMREC appoints a special agent
Explanation
Sub-agency means the cooperating broker acts as the seller's agent (sub-agent of the listing broker) rather than representing the buyer. Sub-agency has largely been replaced by buyer agency in Missouri, but it still exists in some cooperative arrangements.
Related Missouri Agency Questions
- In Missouri, an exclusive right-to-sell listing means the broker earns a commission if the property sells during the listing period:
- Under Missouri law, a seller's agent must disclose to buyers the existence of any known material defects. What is the consequence if the agent knows of a defect but the seller asks them not to disclose it?
- An implied agency in Missouri can be created by:
- A Missouri buyer's agent is required to present all offers to the buyer. What is the primary purpose of this obligation?
- A Missouri agent representing both the buyer and seller in the same transaction is called a:
- In Missouri, an agent has a duty of 'obedience' to their client. This means the agent must:
- A Missouri licensee who has a personal financial interest in a property they are listing for a client must:
- In Missouri, a buyer's agent's commission is typically paid by:
Practice More Missouri Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Missouri Quiz →