Agency
A subagent in a real estate transaction is an agent who:
ARepresents the buyer exclusively
BWorks for the listing broker's principal (the seller) through another broker✓ Correct
CHas no agency relationship with any party
DIs licensed in a state other than Nevada
Explanation
A subagent represents the seller's interests and works through the listing broker arrangement. In Nevada, subagency is less common today because buyer's representation agreements are standard.
Related Nevada Agency Questions
- A buyer's broker agreement in Nevada:
- In Nevada, the required agency disclosure must be provided to a prospective buyer or seller:
- When does an agency relationship in Nevada typically terminate?
- What is a 'listing presentation' in Nevada real estate and what should it include?
- What is a sub-agent in Nevada real estate?
- What does 'material fact' mean in Nevada real estate disclosure law?
- What is 'informed consent' in the context of Nevada dual agency?
- What is a unilateral listing versus a bilateral listing agreement in Nevada?
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