Agency
What is subagency in real estate?
AA backup agent in case the primary agent is unavailable
BWhen a cooperating broker represents the seller through the listing broker✓ Correct
CWhen a buyer's agent represents both parties
DAn unlicensed assistant working under an agent
Explanation
Subagency occurs when a cooperating broker represents the seller's interests through the listing broker. This was common before buyer agency became prevalent.
Related Ohio Agency Questions
- Under Ohio law, a licensee representing both a buyer and seller in the same transaction without consent is engaging in:
- Under Ohio agency law, the 'principal' in a real estate agency relationship is:
- In Ohio, a licensee may represent both buyer and seller in the same transaction as a dual agent ONLY if:
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- What is a buyer's exclusive agency agreement in Ohio?
- What is a multiple listing service (MLS) and what are a member's obligations?
- What is the difference between a client and a customer in real estate agency?
- In an Ohio in-house transaction where the same brokerage represents both buyer and seller, the broker may choose to:
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