Agency
Under Wyoming law, a subagency relationship is created when:
AA buyer's agent shows a property listed by another broker
BA cooperating broker acts as an agent of the listing broker and, by extension, the seller✓ Correct
CTwo agents share a listing
DA broker supervises a salesperson
Explanation
Subagency occurs when a cooperating broker (and their salesperson) acts as an agent for the listing broker, making them an agent of the seller. Subagency creates fiduciary duties to the seller, not the buyer.
Related Wyoming Agency Questions
- A Wyoming seller wants to sell their property 'off-market' (without MLS). The listing agent should:
- Which of the following statements about subagency in Wyoming is most accurate?
- A Wyoming seller's listing agent who holds an open house interacts with a prospective buyer at the open house. Without a buyer's agent agreement, the agent represents:
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- A Wyoming agent who accidentally discloses confidential client information to the opposing party should:
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