12.16 Subagency
| Library | Real Estate Practice Deskbook (2019 Ed.) |
E. (§12.16) Subagency
Subagency contemplates a licensee acting on behalf of another broker's client. In practice, the following scenario sets forth a situation for subagency:
Licensee is working with a buyer who has expressed interest in a property listed with a broker other than the broker with which licensee is affiliated. Buyer has indicated that she does not want to enter into a buyer's agency agreement with the licensee's broker. Licensee's broker does not allow transaction brokerage and the licensee...
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