Agency
In Wisconsin, subagency means the cooperating broker's agent represents:
AThe buyer exclusively
BThe seller through the listing broker✓ Correct
CBoth parties as a neutral
DNeither party and owes only ministerial duties
Explanation
In a subagency arrangement the cooperating (buyer's) broker acts as a subagent of the listing broker and therefore represents the seller's interests, not the buyer's.
Related Wisconsin Agency Questions
- Wisconsin's real estate agency disclosure form informs consumers that they may choose to have the licensee:
- Under Wisconsin agency law, 'sub-agency' means:
- A Wisconsin agent's duty of 'accounting' to their client means the agent must:
- A Wisconsin buyer's agent owes which of the following duties to the buyer client?
- Under Wisconsin agency law, a broker representing the seller owes which duty to the buyer?
- Wisconsin requires licensees to provide the pamphlet 'Working with Real Estate Agents' to consumers:
- Wisconsin's agency disclosure requirements are designed to ensure that consumers:
- A Wisconsin buyer's agency agreement that specifies an 'exclusive' relationship means the buyer:
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