Agency
Subagency in Utah real estate means that:
AA buyer's agent also represents the seller's interests
BA cooperating agent from another brokerage acts as the agent of the listing broker's client✓ Correct
CTwo brokers share a listing agreement
DAn agent works under the supervision of a senior agent
Explanation
In subagency, a cooperating broker and their agents act as agents of the listing broker's client (the seller). Subagency has become less common because it creates conflicts of interest when buyers work with subagents.
Related Utah Agency Questions
- A buyer's agent in Utah has a duty to investigate and verify:
- A Utah seller's agent learns that the property has a cracked foundation that was not disclosed. The agent must:
- A Utah agent who is buying a property they intend to flip for profit must disclose to the seller that:
- The fiduciary duty of confidentiality in a Utah agency relationship means the agent must:
- In Utah, a showing instruction from a seller's agent that says 'Do not discuss price with buyers—all offers to listing agent only' is:
- An agent in Utah who tells a buyer 'This neighborhood is really popular with young families—you'll love it' is most likely engaging in:
- Apparent authority (ostensible agency) in real estate exists when:
- A Utah agent who is a disclosed dual agent cannot advocate for:
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