What Is a Sub Agent Commission

What is a subagent? A subagent is a real estate agent or broker who brings in the buyer to purchase a property, but he is not the property’s listing agent. The subagent usually earns a portion of the commission. Subagents are rare today because of the popularity of buyer’s agents and due to liability concerns.

What is meant by sub agent?

Definition of subagent : a subordinate agent : an agent (such as a real estate broker) who is authorized by another agent to act in that person’s place In a subagency, the selling broker is a subagent of the seller because the selling broker derives his/her authority from the listing broker.—

What is an offer of Subagency?

Subagency refers to a specific client representation relationship between a property listing broker or real estate agent and another real estate broker or agent who brings in a buyer to purchase the property.