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General Principles Of AgencyAgency_typesMEDIUM

A cooperating broker works through the listing broker to assist in selling the property and, in a jurisdiction that recognizes the role, represents the seller rather than the buyer. What is the cooperating broker called?

Correct Answer

D) Subagent

Subagent is correct because the facts match an agent appointed by another agent to help represent the principal, typically owing duties through the appointing broker to the seller where recognized. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Dual agent
B
Designated agent
C
Transaction broker
D
Subagent

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Related Topics & Key Terms

Key Terms:

agency_typesagencysubagentseller_representation
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